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Cyber Attack or Data Breach
Cyber attacks are, and will remain, a top risk across all geographies and industry sectors. All leaders need a cyber game plan.
Forward-thinking insurance companies propel our economy by protecting businesses, communities and governments, and in a world of rapidly evolving risks, insurers need to be agile and adaptable to remain relevant to their customers. To stay competitive, insurers increasingly need to embrace technology, data and analytics to improve efficiency and deliver value—while remaining attractive as employers to entice the best talent.
To navigate volatility, ranging from climate change to economic headwinds, insurers need to delve deep into understanding and mitigating risks by enhancing their view of risk. Data, tools and analytics must complement and shape risk transfer to help protect and grow their businesses.
This is where capital can provide a bridge between innovation and investment. Finding the right balance to optimize capital requires strategic decision-making to support growth and enhance both sides of the balance sheet. To meet these societal demands while delivering profitability, this requires more efficient, flexible and resilient enterprise structures to drive strong financial health.
Now more than ever, insurers require more holistic services and global insight to better understand and address their strategic, multi-faceted business needs across growth, capital, operational efficiency and talent. Aon supports insurance industry clients with more relevant and impactful insight and solutions to meet their strategic goals and make better business decisions.
According to our latest Global Risk Management Survey, the biggest risks facing the Insurance industry include:
Explore the latest impactful insights to help you make better business decisions.
Article 8 mins
Aon’s Fall 2024 Capital Poll explores U.S. insurers’ attitudes toward their current retentions, growth outlook and capital solutions companies plan to employ to meet their 2025 targets.
Article 9 mins
With no federal paid leave law in the U.S., employers have limited guidance in designing equitable and comprehensive paid leave programs to support their workforce. Looking beyond compliance to focus on strategy and values will help create fair and well-designed policies.
Article 17 mins
Buyer-friendly conditions continued across much of the global insurance market in Q3, painting a largely positive picture as we head into year-end renewals.
Article 8 mins
As climate change compounds wildfire risk, organizations play a critical role in protecting their workforce before and after an event.
Article 7 mins
For insurers, making decisions on where and how to deploy capital becomes more difficult during times of volatility.
Article 10 mins
With many insurers reporting healthy profits in 2023, and in response to notable improvements in the reinsurance market, the insurance market in Q2 2024 remained growth-oriented.
Article 7 mins
Insurers are some of the world’s largest institutional investors. Recognising their crucial role in driving the global climate transition, they should identify and analyse climate-related risks and opportunities to improve long-term risk-adjusted returns.
Article 4 mins
More global benefits professionals are aligning benefit strategy to an employer’s identity and values.
Article 6 mins
Insurers are venturing into the thriving digital landscape of the Metaverse, covering virtual assets, safeguarding intellectual property, and protecting the wellbeing of users and avatars. With this evolution, comes new challenges and the unique opportunity to shape the future of insurance.
Article 7 mins
As the scale and speed of interconnected risks escalate, innovative risk management strategies help FAB businesses build the resilience and agility needed to thrive.
Article 10 mins
The renewable energy sector is undergoing a sweeping transformation, as it plays a pivotal role in the challenge to achieve global net-zero goals. Attracting, upskilling and retaining talent is critical for sustainability.
Article 10 mins
Climate change adaptation and the transition to net zero present huge premium growth opportunities for insurers. The key question is how to get started.
Article 8 mins
The London insurance market seeks a generation of game-changers who can navigate uncertainties and drive innovation to ensure the industry’s future success in a digitalised world.
Article 3 mins
From global supply chain risks to climate insecurity, organizations face challenges and complexities on a scale rarely seen before.
Article 3 mins
Risk Capital CEO Andy Marcell and Human Capital CEO Lambros Lambrou discuss how innovations in Risk Capital and Human Capital can help organizations boost resilience and navigate volatility.
Article 17 mins
Positive performance in 2023 fueled insurer growth ambitions but underwriting remained disciplined in the first quarter of 2024.
Article 4 mins
Macrotrends are transforming our world and creating emerging property-casualty exposures, which will have profound implications for the insurance industry.
Article 12 mins
An increasingly interconnected and complex risk landscape continues to shape risk strategies and market responses.
Article 11 mins
Insurance industry respondents to our Global Risk Management Survey (GRMS) ranked cyber attack or data breach and failure to attract or retain top talent as their two most critical risks.
Article 7 mins
Generative Artificial Intelligence (AI) – a type of artificial intelligence that has the ability to create material such as images, music or text – is already a proven disruptor and its adoption is growing at an explosive rate.
Article 15 mins
A complex macroeconomic environment continues to shape risk strategies and market responses.
Article 7 mins
Insurance CEOs are well aware of the talent crisis: they’re fully engaged and seeking answers.
Article 6 mins
Insurance leaders can confidently future-proof their business strategy and avoid misalignment, by engaging the right groups of people to define and deliver their roadmap for success.
Article 11 mins
In the wake of record-breaking high global temperatures in 2023, the rising frequency of extreme heat due to climate change creates an urgency for the risk industry to analyze climate trends for better risk mitigation.
Article 12 mins
(Re)insurers must embrace AI technology to successfully navigate today’s emerging transformative trends that are shaping the insurance landscape.
Article 8 mins
Creating the right mix of talent will be key for capturing (re)insurance growth opportunities as transformative trends shape the future landscape.
Article 6 mins
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.
Article 5 mins
In today's increasingly complex insurance landscape, an inadequate pricing system can not only impact insurers' view of risk, but also prevent them from making the right decisions at the right time. Read our article on why it's essential to get pricing right.
Article 7 mins
By leveraging the advances made by academic research, companies can develop more robust climate risk resilience.
Article 5 mins
Climate change or exposure growth? By understanding the drivers of increased severe convective storm loss volatility, reinsurers can better prepare for January 1 renewals.
Article 11 mins
A buyer-friendly Cyber and E&O market is quickly emerging. Learn more about the changing global market and how to capitalize on it.
Article 6 mins
In today’s increasingly volatile global economy, business leaders are focusing on two key areas of decision-making: Risk Capital and Human Capital.
Article 7 mins
The current economic climate has created headwinds for mergers and acquisitions, causing shifts in financing. Using trade credit insurance can help unlock value and reduce volatility.
Article 7 mins
Aon’s 2022–2023 Global Wellbeing Survey explores what employers around the world are doing to support the needs of today’s workforce.
Article 7 mins
To make the most out of their ESG data, companies can draw on different approaches to benchmarking and increase their attention to governance.
Article 9 mins
Now more than ever, the reinsurance industry needs insight. But it is still slow to implement advanced data and analytics.
Article 4 mins
Insurers can help advance a climate crisis solution. Here are three ways the industry can help accelerate the journey to net zero emissions.
Article 7 mins
The impact of climate change on businesses, insurers, and communities can provide insight on how to mitigate the risks associated with extreme weather events.
Article 11 mins
Following a tumultuous two weeks in the banking sector and subsequent volatility to global banking markets, depositors and affected third parties are having to rapidly assess, and respond to, a range of risk management, liquidity and human capital challenges.
Article 5 mins
Academic research collaboration with the insurance industry enhances understanding and creates actionable climate change insights.
Article 12 mins
Climate disclosure requirements will increase globally in 2023. Use this guide in preparation to reduce risk and attract investors.
Article 6 mins
A new phenomenon in which employees become disengaged — 'quiet quitting' — is drawing increasing interest.
Article 6 mins
Credit insurance allows businesses to protect income streams and build resilience. Read more about the different types of credit insurance models.
Article 6 mins
As the global economy becomes increasingly complex, the need for an organization to innovate is brought into sharper focus.
Article 7 mins
A record number of workers are quitting jobs and changing companies — or thinking about it. How can employers retain talent in today’s competitive market?
Article 5 mins
The Suez Canal blockage highlighted the importance of businesses understanding their supply chains and finding weak links to reduce risks.
Article 5 mins
Aon and Red Cross have joined forces to help communities become more resilient to natural disasters, climate change and public health crises.