Actuarial and Analytics
Aon leverages advanced analytics, modeling and quantification expertise for clients and service our clients through reserving, collateral advisory and analysis, loss cost and actuarial benchmarking.
Capability Overview
Risk Management
Building risk resilience is crucial in today’s rapidly evolving, interconnected landscape.
Understanding and Quantifying Your Risks
Organizations are being forced to navigate an increasing number of evolving and interconnected risks and to make constant decisions that have significant impacts on their balance sheets and earnings volatility. With so much uncertainty in the global economy and black swan events increasing in frequency, understanding the potential financial impact of risks and developing formal risk management and financing programs is crucial to protect and grow your business.
At Aon, we provide specialist advice and analytics to help clients understand and quantify their specific risks, make better risk mitigation, retention and transfer decisions, and ensure business continuity through post-loss consulting. Organizations’ total cost of risk typically equates to as much as 3.5 percent of total revenue1, and potentially multiples of this in terms of impact on intangible assets and operational resilience. Finding a balance among mitigation, retention and transfer is key to optimizing performance and navigating volatility.
We have a 1,500-person-strong global team focused on improving the total cost of risk, managing volatility and protecting clients’ balance sheets. We develop comprehensive and bespoke risk management and financing programs using our proprietary data and solutions, such as Aon’s protected cell facilities, to help clients address difficult-to-insure or emerging risks like cyber and intellectual property (IP). Unique to the industry, we are able to draw on specialists across the full breadth of our firm, from climate and supply chain to reinsurance brokers, to develop genuinely innovative solutions that meet our clients’ specific needs.
The risk landscape is always changing. But at Aon, we give clients the clarity and confidence to make more informed risk mitigation, retention and transfer decisions – helping them protect and grow their businesses.
1 According to Aon's Risk and People Risk Quantitative research
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Our Approach
At Aon, we provide specialist advice and analytics to help clients understand and quantify their specific risks, make better risk mitigation, retention and transfer decisions, and ensure business continuity through post-loss consulting.
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1,500
Our 1,500-person team is focused on improving total cost of risk, managing volatility and protecting clients’ balance sheets.
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3.5%
Organizations’ total cost of risk typically equates to as much as 3.5 percent of total revenue.
Source: Aon's Risk and People Risk Quantitative research
Our Risk Management Offerings
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Business Continuity Management
Business continuity management helps organizations build operational resilience by identifying potential threats and working to mitigate them, safeguarding a business against disruptions and helping to ensure operations can continue without interruption.
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Business Interruption Valuation
Business interruption valuation helps organizations determine the value of the potential financial losses they are exposed to if unforeseen disruptions like natural disasters, supply chain disruption, property damage, political upheaval, or disease hit their operations.
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Casualty Risk Management
Commercial casualty insurance generally refers to a broad range of insurance coverages that protect a business against liability claims that involve property damage to others, loss of property, and injury.
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Claim Preparation
Claim preparation is the complete process of quantifying, organizing and substantiating a claim in a loss event. It involves developing the optimal methodology to quantify loss and compiling evidence of a provable business loss.
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Climate Risk Advisory
Modeling the financial impact of climate risk helps organizations navigate physical and transition risks to build resilience and harness opportunity.
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Cyber Risk Consulting
Aon helps clients effectively manage their full risk lifecycle with the goal of maintaining sustainable cyber resilience.
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Enterprise Risk Management
Enterprise Risk Management (ERM) is a structured approach that helps organizations identify, assess, and manage risks comprehensively.
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Property Risk Management
A proactive approach to property risk management integrates a complete view of an organization’s financial foundation and risk appetite while considering key market dynamics.
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Reputation Risk Consulting
We take an enterprise-wide approach to reputation risk, delivering data-driven insights, analytics and advice that enable reputation risk resilience through preparedness.
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Risk Financing
The core objective of a risk financing strategy is finding a balance between risk retention, risk management and risk transfer that suits an organization’s risk appetite.
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Risk Financing Analytics
Risk Financing Analytics helps organizations instantly and confidently evaluate different approaches to risk, identify the most efficient insurance programs and make better data-driven decisions – optimizing the balance between risk tolerance and risk transfer decisions.
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Supply Chain Risk Management
Supply chains are complex ecosystems and their complexity keeps increasing. At the same time, the risk landscape is ever more interconnected and the challenges posed by intangible risks are on the rise. We help you to navigate supply chain risk management.
Related Capabilities
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Capability Overview
Cyber Resilience
Cyber threats are evolving rapidly and risk mitigation is an ongoing challenge. The decisions an organization makes will prove critical to its cyber resilience.
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Capability Overview
Intellectual Property
Intellectual property (IP) could be one of your organizations' most valuable assets. Yet, it is often poorly understood or protected.
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Capability Overview
Mergers and Acquisitions
Mergers and acquisitions and other market transactions are complex, time-critical and highly specialized.
Keep Exploring
Read the latest articles, reports and updates about risk management from our team of thought leaders.
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Report
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Managing Cyber Risk through Return on Security Investment
