Real Estate Central

WASHINGTON, July 2 /PRNewswire-FirstCall/ — Aon Risk Services, the
retail brokerage and risk management unit of Aon Corporation (NYSE: AOC),
has expanded its suite of services to clients in the real estate sector
through the addition of Laura Novak to the firm’s Washington office as an
originator.

Novak, who joined Aon June 2, has nearly 20 years of risk management
experience in the real estate industry, most recently as senior director of
risk management for AvalonBay Communities, Inc., a large residential real
estate investment trust (REIT).

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“Laura’s experience as a risk manager uniquely positions her to better
understand our clients’ needs and design risk management programs that help
them strengthen their businesses,” said James Beardsley, resident managing
director of Aon’s Baltimore and Washington offices. “In addition to
portfolio casualty and property policies, the real estate environment often
requires specific insurance programs to close the deal with lenders,
partners and ground lessors. Laura has first-hand experience negotiating
with these parties, and operates from the perspective of the client in
negotiating portfolio and corporate insurance policies.”

Novak is involved in the National Multi Housing Council, a trade
association representing apartment owners, managers, developers, lenders,
and service providers, and she was a co-chair of the National Association
of Real Estate Investment Trusts (NAREIT) Insurance Committee.

Prior to joining AvalonBay in 1994, Novak was a risk manager for Artery
Property Management, Inc. She received a Bachelor of Arts degree in
political science from Allegheny College.

Novak, 41, lives in Arlington, Va., with her husband and three
children.

About Aon

Aon Corporation (NYSE: AOC) is the leading global provider of risk
management services, insurance and reinsurance brokerage, human capital and
management consulting. Through its 36,000 colleagues worldwide, Aon readily
delivers distinctive client value via innovative and effective risk
management and workforce productivity solutions. Our industry-leading
global resources, technical expertise and industry knowledge are delivered
locally through more than 500 offices in more than 120 countries. Aon was
named the world’s “best broker” by Euromoney magazine’s 2008 Insurance
Survey. Aon also was ranked by A.M. Best as the number one global insurance
brokerage in 2007 based on brokerage revenues, and voted best insurance
intermediary, best reinsurance intermediary, and best employee benefits
consulting firm in 2007 by the readers of Business Insurance. For more
information on Aon, log onto http://www.aon.com/.



Media Contact
Rahsaan Johnson
312.381.2684
Rahsaan.Johnson@aon.com

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[Via Real Estate Newswire]