canar.ai
Rankings/AON/Q3 2024 Analysis

Aon plc

AON
Q3 2024(AON Q2 FY2024)Estimated1.5% AI
AI Revenue %
1.5%
AI Fair Value
$665.6M
AI Revenue (Q)
$56.4M
Total Revenue (Q)
$3.8B
Source: SEC EDGAR 10-Q Filing
View 10-Q on SEC.gov

Analysis

Aon reported Q2 FY2024 quarterly revenue of $3,760M (six months: $7,830M). This quarter included the completion of the NFP acquisition (~$7B deal, 19M shares issued). NFP adds benefits consulting, insurance brokerage, and wealth management. The combined entity now has significantly greater scale. Revenue by solution line: Commercial Risk $2,015M, Reinsurance $635M, Health $662M, Wealth $463M. $132M in AAU Program expenses. No AI-specific revenue is disclosed. Goodwill jumped from $8.4B to $15.3B reflecting NFP. Estimate: ~1.5% of quarterly revenue ($56M) for AI-enhanced analytics embedded across expanded service portfolio.
Analyzed by claude-opus-4-6

Quoted Figures

Total revenue $3,760 million for three months ended June 30, 2024; six months total $7,830 million
10-Q filed for period ending 2024-06-30, Condensed Consolidated Statements of Income
Shares issued - NFP Transaction 19.0 million shares; Additional paid-in capital increased by $5,882 million
10-Q filed for period ending 2024-06-30, Condensed Consolidated Statements of Shareholders' Equity

AI Products Identified (Ring 1)

Digital Client SolutionsStrategy and Technology Group analytics toolsRisk modeling platforms

AI-Enabled Items (Ring 2 — Not Counted)

These items use AI but are not counted in the AI revenue estimate because they primarily serve non-AI functions.

NFP benefits consulting technology platformAccelerating Aon United Program technology modernization

Confidence Tier

EstimatedNo direct AI revenue disclosure — estimated from product mix