1919
At the age of 16, W. Clement Stone began selling insurance at the Dime Bank Building in Detroit, Michigan. |
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1922
Mr. Stone borrows $100 and moves to Chicago, rents desk space at 29 S. LaSalle for $25/month and establishes an insurance agency under the name Combined Registry Co. |
1929
Combined Registry Company survives the crash of the stock market (and ensuing four-year period of the Great Depression). During this time, Mr. Stone develops Combined's "blueprint for success" for field training new and experienced agents. |
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1939
Combined Mutual Casualty Company is organized and the company continues to expand, with the purchase of the American Casualty Company in Texas. |
1947
The company changes its name to Combined Insurance Company of America. Combined Insurance Company of America and Combined Mutual Casualty Company merge. |
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1956
Combined begins international expansion when it becomes licensed to do business in Canada. |
1959
Combined's Accident division achieves $100 million in premium, and the same year, operations are extended into Australia. |
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1960
The company continues to expand worldwide, extending operations Southward into Puerto Rico. |
1963
Combined expands across the Atlantic to Europe, with the addition of Britain and Northern Ireland. |
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1964
Patrick G. Ryan founds Ryan Insurance Group, pioneering the sale of insurance products and warranties sold through automobile dealerships. |
1966
Life Insurance is introduced to the company product line. |
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1971
Combined agents sell more than $1 billion of life insurance in less than five years. Combined Life Insurance Company of New York is established. |
1977
Combined's Vice President, Richard Ravin, in an unprecedented move, decides to enter the field as a sales representative. In nine weeks and two days he achieves a Grand Diamond Award, an all-time record. |
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1980
The holding company Combined International Corporation is formed. |
1982
Ryan Insurance Group merges with Combined International Corporation to form what later became Aon Corporation. Mr. Stone takes on the duties as its first Chairman. Patrick Ryan becomes the President and Chief Executive Officer. |
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1985
Combined International announces a joint venture with the Rubloff Company to construct a new corporate headquarters building at 123 N. Wacker Drive in Chicago. |
1987
Combined International changes its name to Aon Corporation. Aon in Gaelic signifies "oneness" and "unity". |
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1990
Patrick G. Ryan elected chairman Aon Corporation. |
1991
Richard Ravin is promoted to President and CEO of Combined. |
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1992
Under Richard Ravin's leadership, Combined achieves its objective of more than $500 million in premium. |
1994
Combined reaches 75-year milestone. |
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1996
Combined reaches $1 billion of total revenue. |
1997
Combined's Worksite Marketing division, Worksite Solutions, completes its first full year, and achieves $1 million in premium. |
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1997-99
Combined expands into Latin America: 1997 Mexico, 1998 Argentina, 1999 Brazil. |
1998
Combined announces vision of $2 billion of revenue by 2010. |
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2000
Combined unveils a new company logo, a fresh, dynamic redesign of the classic eagle that has been part of the company's tradition for decades. |
2003
Combined receives the 2003 Better Business Bureau Torch Award for Marketplace Ethics from The Better Business Bureau of Chicago and Northern Illinois. |
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2005
Gregory C. Case, is named president and chief executive officer of Aon Corporation. He is a member of the company's Board of Directors. |
2007
Douglas R. Wendt is named President and Chief Operating Officer of Combined. |
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