Management Consulting

Aon-COFCO, a joint venture between Aon plc and COFCO Corporation, has been a significant player in the Chinese insurance market since its establishment in 2003. Over the past two decades, the company has faced the challenge of navigating a rapidly transforming insurance landscape in China, characterized by increasing volatility and the need for innovative risk management solutions. To address these niche issues, Aon-COFCO has leveraged its unique position as a bridge between domestic companies and international resources. By combining international expertise with local insights, the firm has provided tailored risk management services that cater specifically to the needs of various industries, including high-tech, new energy, life sciences, and agriculture. This approach has allowed Aon-COFCO to set benchmarks for better decision-making and enhance the overall level of risk management in the Chinese market. The results of Aon-COFCO's efforts are quantifiable; the firm secured the top position among joint-venture insurance brokers in terms of revenue in 2021, as reported in the YEARBOOK OF CHINA'S INSURANCE 2022. With over 700 trained professionals and eight branches across major cities, Aon-COFCO has established itself as a leader in providing comprehensive risk solutions. The company aims to continue its trajectory of growth by focusing on the principle of “insurance for the people” and promoting a model of “insurance plus risk management,” which not only benefits its corporate clients but also contributes to the national economy.