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Carpenter Moore is a wholly owned subsidiary of Nasdaq OMX Group Inc. As part of the agreement, Aon (NYSE: AOC | Quote | Chart | News | PowerRating) and Nasdaq have signed a five-year exclusive marketing agreement under which Aon will provide liability insurance outreach and support for Nasdaq issuers and prospective issuers, said Aon spokesman David P. Prosperi. Nasdaq and Aon will collaborate on developing and distributing the annual Carpenter Moore Benchmarking Survey. The survey provides companies with information about how their liability pricing compares with industry counterparts. In a joint Aon-Nasdaq statement, Michael D. Rice, national practice leader of Aon's financial services group, said Aon will gain a "unique asset" in Carpenter Moore's public company directors' and officers' liability market team. Carpenter Moore President Ralph Semeraro said, "Our consultative approach to client service fits with Aon's vision, and we are also pleased to continue the strong association with Nasdaq through our marketing agreement." Financial terms were not disclosed. A Nasdaq representative did not immediately return a message seeking further comment. Aon is the No. 1 ranked broker by 2008 brokerage revenue, according to Best's Review's ranking of top global brokers. Carpenter Moore, based in New York, was formed through the merger of Carpenter Moore and Nasdaq Insurance Agency in 2005. Shares of Aon Corp. were trading at $40.79 in the afternoon of Oct. 27, down 0.3% from the previous close. (By Sean P. Carr, Washington Correspondent: sean.carr@ambest.com) For full details on Aon Corp (AOC) click here. Aon Corp (AOC) has Short Term PowerRatings of 4. Details on Aon Corp (AOC) Short Term PowerRatings is available at This Link.
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