Aon Risk Solutions (ARS), the global risk management business of Aon, has combined its four existing financial businesses into a new expanded segment, Financial Specialties.

The four divisions are Aon M&A Solutions, Environmental Services Group, Trade Credit and Surety, and Financial Services Group.

Financial Specialties will offer Aon clients the convenience and benefit of a single point of access to the company’s comprehensive, integrated technical and subject matter expertise.

ARS Australia CEO, Lambros Lambrou, said: “The depth and range of solutions offered by the enhanced segment is a key differentiator for ARS. The decision to bring these specialist teams together means we can leverage strength to maximize the value we provide clients, delivering growth and improving the scale of our technical and subject matter capability across key market segments.”

Jennifer Richards, the current client director of Aon M&A Solutions, has been appointed as managing director of Financial Specialties, reporting to Lambrou.

According to ARS, Richards will be responsible for creating and implementing the Financial Specialties strategy.

Furthermore, Liz Botha and Stephen Trickey will continue to lead Trade Credit and Surety, and Financial Services Group respectively, reporting to Richards.