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reinsuranceGuru: "R&I: Aon Wins ICL Account
Risk & Insurance Online - Story: 'Aon Wins ICL Account
By JACK ROBERTS, editor in chief of Risk & Insurance®

According to Risk & Insurance Magazine, the Aon global environmental team won the design and placement of the global environmental insurance program for ICL, Israel Chemicals Ltd., based in Tel Aviv, Israel.

Aon won the broker competition for the $100 million insurance program with its proposal for restructuring the Feb. 1 renewal of the ICL global environmental program.

ICL, a fertilizer and specialty chemical company with growing revenues, was ranked by Dun & Bradstreet as Israel's fourth largest industrial company in 2008. It posted 2007 revenues of more than $4 billion and a net profit of $570 million and for the first nine months of 2008 reported revenues in excess of $5 billion and profit in excess of $1.8 billion.

The pollution insurance program involves ICL facilities in Israel, Europe, North and South America, and Asia. The Aon Environmental Services team that won the account included CEO Peter Breitstone, managing director Kenneth Ayers and director Simon Johnson, who is based in London, as well a'"