Aon Ltd., the London unit of Chicago-based insurance broker Aon Corp., said it will acquire specialist vehicle insurance broker Firebond. Terms of the deal were not released.
Firebond, based in Cambridge, England, was established in 1993. It is an insurance broking service specializing in classic cars.
The company has reported revenue of ?1.3 million ($2.65 million at current exchange rates) and a team of 15 people.
Aon, which has an established classic cars business, recently acquired Footman James, which also concentrates on this niche market.
© Arc, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to TMSalesOperations@arc-network.com. For more information visit Asset & Logo Licensing.