Capital, Pricing and Reserving Models
Deploy Capital Efficiently and Effectively
As the (re)insurance industry tackles inflation, rising catastrophe losses, climate change and geopolitical risks, insurers need financial modeling tools to understand the risks and identify the opportunities to deploy capital efficiently and effectively across the enterprise. This is where Aon’s Strategy and Technology Group steps in.
How Aon Can Help
Companies seeking to optimize their capital face numerous regulatory and operational constraints. At Aon, we provide solutions for clients to explore opportunities for growth and respond confidently by being better informed and better advised, thanks to our dedicated team of technology professionals and actuaries.
To help you make better decisions on reserving, pricing and capital modeling, Aon provides suite of technology across property, casualty and life, including composites, with strategic technical expertise to optimize operational efficiencies and enrich insight across your workflow.
Key Benefits
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Operational Efficiencies
Increase operational efficiencies by replacing siloed legacy systems
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Process Automation
More time for value-add activities through the automation of manual processes
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Speed and Flexbility
Speed and flexibility for real-time decision making
Why Work with Us
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Technology Suite Across P&C and Life
Aon brings a choice of tools for underwriters and actuaries to invigorate their modelling based on their individual needs – from no-code, out-of-the-box solutions to fully bespoke solutions – to make better decisions on capital, pricing and reserving across P&C and Life.
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High-Speed Processing
High-speed processing to increase efficiency and make quicker business decisions: Reduced runtimes save money and reduce your carbon footprint. For example, a 100k simulation model run in Tyche takes 36 hours on the legacy platform, 3 hours without Hive on one server, and 33 minutes with Hive on four servers.
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Team of Actuaries
Our team of 100 actuaries enhances and complements insight from our technology to optimize enterprise portfolios with services including risk management and regulatory (Solvency II and Bermuda primarily) plus ILS valuation and actuarial due diligence.
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Secure Data Management
Robust controls for secure data management and protection with ISO27001, SOC 1 and SOC 2 certification.
100+
Our team of 100 actuaries enhances and complements insight from our technology to optimize enterprise portfolios with services including risk management and regulatory (Solvency II and Bermuda primarily) plus ILS valuation and actuarial due diligence.
Article 5 Min Read
Pricing Technology for Insurers: Avoiding Pricing Pitfalls
Pricing pitfalls are more common than you think, whether it's working with incomplete data or key man risk – but with the right pricing process, many of these issues can be mitigated. Read our article to learn about the most common pricing errors, and what insurers can do about it.
