Aon Client Treaty
What is Aon Client Treaty?
Aon Client Treaty (ACT) is an innovative follow-on facility for Aon clients, that enables them to access 22.5 percent of pre-secured, Lloyd’s co-insurance capacity on core business lines. The facility encompasses a broad range of industry segments, product ranges, and geographies underwritten in the London market.
With a truly international footprint, ACT brings A+ rated Lloyd’s security and its specialist underwriting capabilities to all eligible Aon clients.
Why is Aon Client Treaty Important Now?
At a time of increased risk complexity driven by climate change, cyber, geopolitical uncertainties and social inflation, all affecting capacity and coverage, organizations are seeking solutions that offer new sources of capital. At Aon, we have utilized our data and analytics capabilities with portfolio management expertise to include more than traditional insurance risk transfer solutions with Aon Client Treaty.
By co-creating efficiencies with our carriers in the placement value-chain, we offer a differentiated capacity for covered classes to our clients. These innovations enable a focused, client-centric approach to insurance risk transfer.
How Aon Client Treaty Helps Organizations
- Addresses Total Cost of Risk volatility and placement efficiency with 22.5 percent of eligible London orders pre-placed
- Pre-secured and ring-fenced aggregate capacity across almost all major product lines
- Security of a Lloyd’s-only insurance panel benefiting from AA- rated by Standard & Poor’s and A rated by AM Best
- Simplified placement through criteria-based underwriting, expanding the capacity behind in-scope quotations
- An efficient claims service through the Lloyd’s claims scheme with competitive global licensing and tax-payment capabilities - packaged as a single carrier capacity
- Enables competitive outcomes to be driven by amplifying the chosen lead capacity
An Innovative Follow-On Facility
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Outcomes built on Nat Cat data modeling to ‘pre-secure’ capacity across complex portfolios spanning diverse industries and territories
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Over $600m in GWP across more than 2,500 clients
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Nearly a decade of client servicing across all core business lines with the certainty of supporting capacity in turbulent times
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Confidence in post-placement servicing, claims processing and payment
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Placements completed at a favorable rate in a highly competitive market
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A truly holistic approach on a cross-class basis to maximize the spread of risk and help navigate fluctuating market conditions
Who Can Access Aon Client Treaty?
ACT is available to Aon clients who access our Global Broking Center in London. For more information, contact us.
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