Aon partners with two real estate industry associations

Sydney, 23 September 2020 – Aon (NYSE:AON), the leading global professional services firm providing a broad range of risk, retirement and health solutions, has announced it has partnered with the Real Estate Institute of Victoria (REIV) and the Real Estate Institute of the Northern Territory (REINT) deepening its long-standing relationship with the sector.  

Aon is also aligned exclusively with REIQ (Queensland), REIWA in Western Australia and is an endorsed provider to the peak body nationally, Real Estate Institute of Australia (REIA). These new partnerships mean Aon is now the key trusted insurance and risk partner for most real estate associations and their clients in Australia.

Richard Silberman, Client Director for Real Estate at Aon, said: “Softening of capital city property markets in 2019, bushfires and COVID-19 have really created a perfect storm for agents in Australia. In Melbourne, stage 4 restrictions have had a devastating impact, as have continued stage 3 restrictions in regional areas. That two real estate institutes have subsequently decided to make a change is a signal to the industry that we need a new approach. We are delighted to be the newest partner of the Real Estate Institute of Victoria and Real Estate Institute of Northern Territory. Our successful appointment to these real estate associations is evidence of our investment in the industry and our continued commitment to innovate.”

Aon’s involvement in the real estate industry spans more than 40 years and extends across every state and territory in Australia. This announcement also follows Aon’s new real estate insurance product solution recently released to the market offering leading features and benefits.

Gil King, CEO of REIV added: “We’re excited about the immense opportunity our new partnership with Aon brings members of REIV. The market is challenging and unpredictable and this is why we’ve chosen to join with Aon who bring experience and a standard of service that we know is key to our member’s needs. Aon and REIV are aligned in bringing REIV members and the real estate industry in Victoria solutions that make a difference.”

Quentin Kilian, CEO of REINT concluded: “Our real estate industry colleagues have unique needs in the Northern Territory and it important that we are always offering and adding value to our members. This is why we are pleased to be joining with Aon in this partnership and we look forward to working together on many great future opportunities.”

Find out more about the offering aon.com.au/realestate.