Driving Profitable Growth

Why Develop a Growth Strategy?

In a volatile market, every opportunity counts. Insurers looking to achieve profitable growth must align their business and talent strategies to enable innovation, achieve target returns on capital and build long-term customer relevance. Shifts in rates and attitudes towards risk appetite are creating opportunities for insurers to redefine their portfolios. It is more important than ever to ensure that you have an actionable and achievable plan to take advantage of these opportunities which is where Aon’s Strategy and Technology Group steps in.

How Aon Can Help

Achieving profitable growth with a return on capital depends on a well-defined strategy that’s aligned with market opportunities, risk appetite and your overall business objectives. We work with insurers to advance their place in the market, differentiate from the competition, enhance customer loyalty and drive future shareholder value.

Our team uses its knowledge of the global (re)insurance market to identify growth opportunities that are consistent with clients’ ambitions and strategic appetite. We combine data, insights, actuarial modelling capabilities and real-world experience: this enables us to demonstrate the implications of alternative strategies, including what new products and/or geographies are within our clients’ risk appetites.

How We Work with Clients

Combining consulting and software to provide actionable insights, we take a holistic view of the (re)insurance market to help insurers define and achieve long-term strategic goals. In addition, we bring the ability to execute on tangible market opportunities.

We take a collaborative and rigorous approach to working with business leaders, applying 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 capability and a suite of technology to support the development and execution of our clients’ strategies, and to increase efficiencies.

Why Work with Us

• Aon manages nearly $200bn of premiums 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.
• 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, design and distribute client solutions.
• Our team of actuarial consultants, with expertise across the insurance value chain, work seamlessly with our Reinsurance Analytics and Capital Advisory teams to deliver actionable solutions to clients.
• Our suite of technology helps clients deploy capital efficiently and effectively across the enterprise. As companies seek to optimise this capital, they face numerous regulatory and operational constraints; these tools provide the platform on which to explore these challenges and respond with confidence through better informed decisions.

Data is crucial to better inform insurers’ growth strategies, but finding, assessing and using the right data is too often a challenge. We bring insights to the industry through innovative data visualization tools and reports.