0FFCA8E1-3030-4FD0-9A43-53521DB322AB.pdf

PDF 5 MB Posted

Attached to
CN NE|58-1594-356
Contract number
58-1594-356
Issued by
Nebraska

About this file

This is Engagement Letter Amendment #2 between the Board of Regents of the University of Nebraska (Client) and Aon Risk Services Central, Inc. (Aon), dated August 30, 2022, with an effective date of July 1, 2022. The amendment modifies the original Engagement Letter dated September 30, 2019, and extends the service period through June 30, 2025. The document outlines the relationship between the University of Nebraska and Aon, a global insurance broker providing commercial risk solutions and insurance brokerage services through various operating entities including Aon UK Limited, Aon Belgium B.V., and Aon's Global Broking Centre London (GBCL).

The amended compensation structure establishes annual fees with a 3% increase over the contract period: $266,904 for 2022, $274,911 for 2023, and $283,158 for 2024. Services provided include insurance and reinsurance brokerage and consultancy, Aon M&A transaction solutions, advice on insurance contracts, risk management and due diligence, cyber security consultancy, human capital consulting, and intellectual property consultancy. The amendment revises provisions related to the Foreign Account Tax Compliance Act (FATCA), updates business terms for programs placed through Aon's Global Broking Centre London, and replaces the General Data Protection Regulation (GDPR) exhibit with updated provisions addressing data protection, personal data processing, international transfers, regulatory compliance, and market facilities utilization. All other terms and conditions of the original agreement remain unchanged.

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