Aon developing Singapore innovation centre; to raise headcount by 40%

THE Aon Centre for Innovation and Analytics (ACIA) plans to increase its headcount by 40 per cent over the next five years, as it develops its premises in Singapore's business district.

The new space, which is slated to be completed later this year, will foster increased collaboration between Aon and potential innovation partners globally, the company said on Tuesday.

Aon plc is a leading global professional services firm providing risk, retirement and health solutions, and ACIA is the cornerstone of Aon's global investment in analytics. Its first innovation centre opened in Dublin in 2009, and the Singapore branch was launched three years later in 2012. Starting off with just six employees in Singapore, ACIA has now increased its workforce here to over 100.

Director of professional services at the Economic Development Board (EDB), Clarence Chua, said: "Data and analytics is a key enabling capability that Singapore aims to grow to succeed in the digital economy. Aon, one of the pioneers in setting up its analytics centre, has spearheaded applications research in the areas of risk, health and retirement. We look forward to ACIA building on its presence through R&D partnerships with other corporate innovation labs, startups and national institutes."