Aon Insights Series
Pacific 2022

What are the top risks impacting global organisations in the current business environment? This session provides an insight into the key findings of Aon’s latest Global Risk Management Survey and the major risks that are impacting both global and local organisations. Get a global appreciation of how organisations are dealing with Cyber, Intellectual Property, Climate Change, Supply Chain, Pandemic, Brand and Reputation, ESG and Workforce Resilience risks. This opening keynote provides a pathway into subsequent sessions and workshops that will explore these risks over the course of the 2 day event

There has been a prolonged period of challenging (re)insurance conditions over the last five years, both in Australia and globally. While we are seeing a shift to a more stable environment in many areas, some high-risk and more volatile sectors remain challenged. This session will provide insight into the trends and macro-economic factors driving the market today and predicts the landscape in 2023 and beyond.

Some of the key issues facing business leaders today include post-pandemic business strategy, cyber and technological risk, utilising data and analytics, and attracting and retaining talent. In this session, the panelists will discuss insights into the mindset and thought process of successful c-suite executives, and how to extract relevant insights from an abundance of complex information in order to make better decisions with clarity and confidence.

Workforce resiliency is critical for leaders to ensure organisations are ready for future challenges. Health and wellbeing programs play a key role in creating workforce resilience. This session explores the importance of the employee value proposition in attracting and retaining talent, and how risk and people management have become increasingly aligned.

Environmental, Social, and Governance (ESG) issues are increasingly important to shareholders, investors, insurers and employees, encouraging organisations to develop and maintain a holistic ESG strategy to remain competitive. The panel will discuss the complex risks and opportunities ESG issues pose, including increased scrutiny on the value chain, responsible investment strategies, insurance impacts and how these decisions are critical to business resilience.

An organisation’s processes to identify and quantify its major insurable risk exposures and how it implements innovative risk transfer solutions are just as significant as its business growth plans. This session presents a unique opportunity to gain insight into the risk management program of leading communications company, Liberty Latin America.

Undoubtedly one of the biggest business challenges is climate change. While mitigation strategies for the physical risks of extreme weather events have been on the agenda for some time, transition risks associated with organisations transforming to a net-zero future are now gaining attention. This session will discuss how risk management and risk transfer solutions are essential to navigating the journey to a sustainable future.

Curtis McGrath OAM is an athlete and a former soldier. Curtis’ life changed forever when he was severely and permanently injured from a blast by an improvised explosive device (IED) while serving in Afghanistan. Twenty minutes after the explosion, Curtis was famously heard make a promise, he’d be seen at the Paralympics. Since then, Curtis has been driven by an ambition to succeed as an elite athlete.

Curtis’ most recent accomplishment include winning double Gold medals at the 2020 Tokyo Paralympic Games in the Men’s Paracanoe events. Find out more about Curtis and his journey at Curtis McGrath - A True Story of Triumph Over Tragedy.

The session is designed to be interactive and give you the opportunity to discuss with your peers the risk concerns currently top of the agenda with Multinationals & Large Corporations across Australia. You will also receive unique insights into the risk trends making the headlines for Multinationals & Large Corporations across the globe and how they are approaching this from a risk management strategy.

The COVID-19 pandemic brought forward significant investment in digital technology, however risk management considerations often lagged, and ransomware incidents rose dramatically. The cyber insurance market adjusted underwriting approaches to manage these losses, forcing insureds to improve cyber security strategies and communication with carriers. This session explores how adopting lessons learned from the recent market hardening can help achieve favourable risk and insurance outcomes.

As we progressively move towards mandated climate-related financial disclosures, organisations must understand the changing reporting environment and the impacts on governance, strategy, and risk management. This session examines the greater scrutiny being applied to climate reporting, physical and transition risk quantification with modelling tools, and the application of the Task Force on Climate-Related Financial Disclosures (TCFD) framework.

Securing D&O insurance continues to be a challenge for many organisations. An increased focus on ESG factors by investors, regulators, consumers and other stakeholders has seen heightened scrutiny being applied to ESG frameworks. This panel will explore how current market conditions are evolving, what strategies can be adopted to optimise outcomes, and how ESG performance is directly impacting outcomes.

With the fundamental shift in where, how and when work gets done, organisations are feeling an increased sense of urgency to improve the agility and resilience of their workforce. But what does resilience mean and how can data help us make better decisions that create a more flexible, engaged and resilient workforce? This session will cover the essential components that must come together to build workforce resilience for today and the future.

Supply chain risk is complex, multi-faceted and costly with disruptions having a significant impact on company business and financial performance. Risks continue to increase vulnerabilities, causing leaders to make critical changes to mitigate supply issues that have hampered revenues. This session looks at how Improved insights around where and how risk impacts the supply chain can help businesses prepare for, finance and respond to unplanned events and volatile supplier performance.

Many organisations express frustration with traditional risk solutions and the protection gap that often results. Innovative products, such as parametric (re)insurance and insurance linked securities, can be an alternative risk transfer solution to address certain risk exposures more adequately. The panel explores how organisations can design their risk transfer strategy to match insurance capital to their specific risk profiles, solving for uninsured or underinsured risks, while complementing traditional indemnity programs.

One-to-One meetings with insurers will run for 30 minutes at the same time as Masterclass sessions.