Growth Strategies for Insurers

Growth Strategies

Learn how your organization can achieve sustainable, profitable growth. 

Why Develop a Growth Strategy?

In a volatile market, every opportunity counts. Insurers looking to grow faster and more profitably must align their business and talent strategies to drive innovation and build long-term customer relevance. The fundamental shifts in pricing and risk appetite create opportunities for insurers to redefine their portfolios. Taking advantage of these opportunities in the immediate and long term is more important than ever. Aon’s Strategy and Technology Group can help.

How Aon Can Help

Strategic growth and shareholder return are dependent on creating an aligned vision and strategy. We work with insurers to advance their place in the market, differentiate from the competition, enhance customer loyalty, and drive shareholder value.

Our team identifies insurer growth opportunities to create business, capital, and people strategies. This is backed up by data-driven insight from our actuarial team, coupled with pricing and portfolio management software to quantify performance and identify deviations.

We advise around geographic, segment, and product expansion (or contraction) and entry strategies, white-label or bolt-on products, evaluation and diversification of distribution channels, strategic insurtech collaborations, affinity programs, unlocking talent to support growth, and more.

We crystalize opportunities for clients at the intersection of risk and capital. We remain focused on a risk/reward approach to drive performance and bring relevant and holistic perspectives in a complex and rapidly changing market environment.

How We Work with Clients

Combining consulting and software to provide actionable insights, we take a holistic view to help insurers define and achieve long-term strategic goals. We also bring the ability to execute on tangible market opportunities.

We take a collaborative and rigorous approach to working with business leaders. We apply a proven methodology resulting in better outcomes through exceptional client experience and expert execution: Discover > Develop > Deliver > Review. We use our proprietary data and analytics capabilities and a suite of technology to support the development and execution of our clients’ strategies and to increase efficiencies.

1000+

Dedicated to the insurance sector, Aon's Strategy and Technology Group has delivered over 1,000 projects in 15 years.

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Aon provided an overview of the habitational and insurance marketplaces and guided us through developing goals, imperatives and initiatives for our strategic plan. I was impressed with the team’s ability to listen, digest and react to feedback.

Lisa, VP Marketing and Customer Experience
Niche P&C Insurance Carrier

Why Work with Us

  • Billions of Premium Placed

    Aon manages nearly $200 billion of premium placed per annum and our experts across insurance, health, investment, and talent draw on insights from our proprietary data, coupled with third-party data, to advise clients.

  • Actuarial and Strategy Consultants

    Our team of actuarial and strategy consultants brings expertise across the insurance value chain. Working seamlessly with our Reinsurance Analytics and Capital Advisory teams, we deliver actionable solutions to clients.

  • Technology Suite

    Our technology suite helps clients deploy capital efficiently and effectively across the enterprise. Companies seeking to optimize this capital face numerous regulatory and operational constraints. These tools provide the platform to explore these challenges and respond with confidence through better-informed decisions.

  • Industry-Specific Market Data

    Our market research, publishing and consulting team focuses on insurance and other financial services. Re/insurer clients can make better growth decisions by combining industry-specific market data with research-based strategic consulting and technology to model capital, reserve and price for new products.

  • Ability to Execute (Re)Insurance Transactions

    We go beyond advice with the ability to execute re/insurance transactions where needed, build new entities and structures, find capital, run effective business models, and design and distribute client solutions.

Report 15 Min Read

Transformative Trends: An Opportunity to Create New (Re)Insurance Markets

Transformative trends are shaping the future risk landscape, creating $200+ billion of market potential for insurers by 2030.

Let’s Connect

Talk to Our Team

Are you ready to learn how your organization can achieve sustainable, profitable growth?