Article 13 mins
Three Roles to Build Insurance’s Next-Generation Workforce
As automation, climate risk, and shifting workforce expectations reshape insurance, building a future-fit talent strategy is now the industry’s defining challenge.
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.
Explore the latest impactful insights to help you make better business decisions.
Report
The insurance industry is no stranger to dealing with risk: Navigating volatility and optimizing capital is what it does best.
Article 13 mins
As automation, climate risk, and shifting workforce expectations reshape insurance, building a future-fit talent strategy is now the industry’s defining challenge.
Article 5 mins
As casualty volatility increases and financial scrutiny intensifies, risk leaders must do more than structure insurance programs. They must quantify and communicate how limits, retentions and program design align with enterprise risk tolerance and capital strategy.
Article 23 mins
Buyer-friendly conditions persisted in Q3, with ample capacity and intense competition driving continued price reductions and broader coverage for preferred risks, especially in property, cyber, and directors and officers.
Article 11 mins
Spanish energy multinational, Iberdrola – a leader in grids, storage and clean energy – talks with Aon about its efforts to adapt and respond to climate impacts through its shift towards renewables and building a workforce for the future.
Article 12 mins
Relevance is not a phase — it’s a discipline. In a market defined by volatility, insurers must embed strategic relevance into every decision to outperform through the cycle.
Article 8 mins
The energy landscape is rapidly changing, presenting the re/insurance industry a unique opportunity to facilitate the transition to a sustainable economic model.
Article 9 mins
The global marine cargo market faces many risks, ranging from shipping delays to geopolitical tensions. These challenges can be mitigated through a risk capital approach, which uses strategic capital allocation and data-driven insights.
Article 7 mins
A variety of growing risks, including shareholder derivative actions, an evolving regulatory environment and bankruptcy filings, are why public and private organizations must protect their corporate directors and officers.
Article 15 mins
Market stability prevails in management liability lines as insurers continue to seek market share. However, expanding technologies, increased litigation and macroeconomic factors are causing growing uncertainty and underwriting concerns.
Article 7 mins
A well-structured open enrollment process is one that leverages innovative technology, encourages cost-effective use of healthcare resources and reduces unnecessary spending — benefiting both employees and employers.
Alert 14 mins
In the face of the L.A. wildfires, impacted businesses’ top priority is their people. A three-phased approach can help build business resilience and mitigate the effects of future events.
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.