AON's NVG further advances Intellectual Property Solutions

AON's New Ventures Group (NVG) will be sponsoring the firm's Intellectual Property Solutions (IPS). IPS aims to help firms identify and manage risks surrounding proprietary data. To accomplish this objective, NVG recently appointed Brian COCHRANE as Chief Commercial Officer.

COCHRANE previously worked as AON's Executive Vice President and Global Leader of M&A and Transaction Solutions. He will continue to oversee the unit as Executive Chairman. In his new role, COCHRANE will be responsible for assessing the commercial feasibility of new solutions, and collaborating with AON's Operating Committee to ensure successful market launch for newly developed capabilities for clients.

NVG was formed in Q4 2018 from a team of senior leaders. NVG's goal is the rapid incubation and delivery of new high-impact sources of value for AON's clients. IPS team, led by CEO Lewis LEE, will work closely with COCHRANE and NVG team to accelerate development and go-to-market of their initial offerings, while exploring the much more expansive commercial opportunities related to the rapid expansion of intangible assets across AON's client base.

"We have long recognized that there is a critical need to innovate at scale on behalf of clients and create new opportunities for growth. The NVG has already made important strides in this regard, and we are excited Brian has joined the team as Chief Commercial Officer, with a current primary focus on our Intellectual Property Solutions," commented Tony GOLAND, Chief Innovation Officer and overall NVG leader.

"This is a very exciting era for the firm as the NVG seeks to identify and develop new, high-impact sources of value for AON's clients; accelerate our ability to scale these high-impact solutions; and meaningfully contribute to AON's growth and performance. This approach is enabling AON to go 'bigger and faster', driving growth-stage opportunities that have the potential to deliver meaningful value to clients," added Brian COCHRANE, Chief Commercial Officer of the NVG.

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