Aon Acquires RiskLabs

Chicago-based brokerage giant Aon Corp. has purchased Risk Laboratories LLC from American Home Assurance Co.

Founded in 1994 and based in Atlanta, Ga., RiskLabs provides risk information services and analytics to corporate risk managers. Its core product is RiskConsole, a Web-based program that integrates claims, loss control and other types of data to assist in risk management decision-making. It also helps corporate executives better manage and control their organization’s total cost of risk.

RiskConsole was built solely for use on the Internet and can be accessed from anywhere with a Web browser, making it especially valuable to multinational or distributed organizations.