Move increases company's presence in classic car sector

Aon has announced an agreement to acquire specialist vehicle broker Firebond.

Aon said it provided tailor-made cover for specialist personal risks, including prestige sports and classic cars, holiday homes, yachts, travel, art, antiques, estates, high value goods and other niche lines.

Firebond, established in 1993, has operations in Cambridge and Bingley.

The terms of the transaction have not been revealed.

Peter Harmer, chief executive of Aon UK, said: "Firebond is a natural fit with both the Aon Classic Cars business and our Footman James business.

"Firebond will now be able to utilise the buying power and resources of a large broker to provide clients with the best value and service available.

"Our wider product provision, infrastructure and backing will provide Firebond with new opportunities for the future development of the business."

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