Aon Buys Researcher Ward Financial From Ohio Farmers

Law360, New York (July 19, 2011, 3:09 PM EDT) -- Aon Corp. said Tuesday it would purchase insurance industry benchmarking and best practices research firm Ward Financial Group for an undisclosed sum from the privately owned Ohio Farmers Insurance Co.

Ward Financial, a subsidiary of Westfield Financial Corp., will be integrated with Aon's McLagan Partners, an Aon Hewitt unit also engaged in consulting and benchmarking, a research-oriented process by which companies can gain perspective about how well they're functioning compared to each other.

Terms of the deal were not disclosed.

Ward has executed more than 1,500...
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