Aon’s Post

In our last session before lunch, Prashant Tekchandani of Xceedance is showing us how, through a combination of a data-led approach, insurance expertise and technology, a roadmap for business transformation can be laid. If you want actionable insights on harnessing technology, streamlining processes and implementing proactive risk mitigation strategies that will help your program thrive, this is the place to be. #AxcoConference #GlobalInsuranceWeek #MultinationalInsurance

I spent a good amount of my consulting time coordinating supplier surveys to create #transparency and identify #supplychainrisks for our clients - isn’t it amazing that now there is an AI-powered tool that can achieve that with so much less effort? Discover #sentrisk in the video below!

🔍 Curious about how data-driven strategies are revolutionizing the #Reinsurance landscape? 🌐 In the realm of reinsurance, the strategic utilization of data has emerged as a pivotal force in shaping the landscape of risk management. 📊 Leveraging data for active risk management is no longer a mere option, but a necessity in maintaining a competitive edge in an increasingly complex and dynamic industry. With the advent of cutting-edge technologies capable of parsing and comprehending unstructured information from diverse sources such as social media, news articles, and satellite imagery, reinsurers can now uncover hidden correlations, emerging trends, and early warning signals that were once elusive. 📡 This proactive approach not only empowers reinsurers to identify and mitigate potential risks in real-time but also enhances their underwriting precision, claims assessment accuracy, and overall decision-making process. 💡 At the upcoming #MonteCarloRendezvous Event, Michal Trochimczuk and Krzysztof Biernat will be exploring this topic further, offering their expertise – for those in attendance, it promises to be an engaging and forward-thinking presentation! 🎙️🤝 #RiskManagement #InsurTech #DataStrategy

"Effective cost containment" isn't just a buzzword; it's a strategic approach. Here's a snapshot: 🔹 Smart Planning: Anticipating risks and preparing accordingly can significantly reduce emergency costs. 🔹 Technology Integration: Leveraging tech for real-time monitoring and quick response curtails potential financial losses. 🔹 Collaboration with Insurers: Working closely with insurance providers and local service providers ensures tailored coverage that aligns with risk profiles, preventing overspending on unnecessary policies and procedures. In the domain of insurance and risk management, cost containment means safeguarding assets and people without compromising on safety or inflating budgets. It's about finding that sweet spot where thorough preparation meets efficient expenditure. ➡️ Dive deeper into how NGS leads in merging cost efficiency with uncompromised security. Link in the first comment. #RiskManagement #InsuranceInsights #CostContainment #EmergencyResponse

Continuing our discussion about the 2023/2024 risk landscape...💡 Listen in as David Ponder shares some insights on disruptive technologies — and how they've changed the world of risk as we know it. As David said, "2024 is definitely going to be an interesting one!" 😅 What disruptive technologies do you see making a major impact in 2024 and beyond? #RiskLandscape2024 #DisruptiveTech #TechRisk #FutureOfRisk

🚀 Exciting News: the 'My Focus' page is now LIVE! Stay ahead of the curve with Meridian! This new feature in Meridian is an absolute game-changer… you might have heard us talking about its launch and now, the wait is finally over… ‘My Focus’ is here to stay, so get ready to revolutionise risk management with this intuitive tool. 🔍 So, what exactly is 'My Focus' and how will it help you? The benefits of this feature are crystal clear—you’ll be able to: 👉 Organise your top priorities. 👉 Keep track of upcoming tasks. 👉 Boost business efficiency. Ready to try it out for yourself? Find out everything you need to know about these changes and get the most out of Meridian. Your time is precious—so let 'My Focus' help you make the most of it. 📅✨ https://lnkd.in/e8yE2qNM #Meridian #RiskManagement #software #ProductUpdate #EfficiencyBoost #compliance #innvoation

Our latest Intelligent Risk Platform update blog looks at the significant improvements we have made to the usability of our applications as well as key updates for the TreatyIQ™ application to address workflow challenges of managing treaty programs, and the significant strides we have made in transforming OASIS Open Exposure Data (OED) into Exposure Data Module (EDM), a key milestone in addressing the practical challenges of running Moody’s RMS models, client’s home-grown models, and Oasis Loss Modeling Framework (LMF) models on a unified platform. Read more: https://lnkd.in/eubma-Nc #Data #Applications #RiskAnalytics #Innovation #Insurance #Reinsurance #DataManagement

Discover a smarter way to risk with WTW’s Risk Intelligence Central: https://ow.ly/f2TI50Rm6RM Be one of the first to view how we are using new technology to drive value for our clients through extensive data integration and an exciting new user interface with Risk Intelligence Central – our new client portal. This innovative new technology eco-system delivers streamlined access to analytical risk models and clear visibility of your insurance programme all in one place. Take your opportunity to find out more by following the link today. #ASmarterWayToRisk #RiskIntelligence #RiskManagement #InsuranceAnalytics #BrokingAnalytics

Our Risk and Controls Marketplace packages are tailored for dynamic risk and controls management thought preconfigured registers, dashboards and reports. Whether you're navigating regulatory landscapes or seeking operational excellence, our package equips you with the tools to streamline your journey. 🔍 𝐔𝐧𝐥𝐨𝐜𝐤 𝐂𝐨𝐦𝐩𝐫𝐞𝐡𝐞𝐧𝐬𝐢𝐯𝐞 𝐑𝐢𝐬𝐤 𝐌𝐚𝐧𝐚𝐠𝐞𝐦𝐞𝐧𝐭: Define, assess, and monitor risks seamlessly with our intuitive platform. From capturing risk assessments to automated workflow alerts, gain valuable insights through robust reporting. 📊 𝐄𝐟𝐟𝐢𝐜𝐢𝐞𝐧𝐭 𝐂𝐨𝐧𝐭𝐫𝐨𝐥𝐬 𝐌𝐚𝐧𝐚𝐠𝐞𝐦𝐞𝐧𝐭: Identify control effectiveness, ensure consistency across the business, and generate insightful reports for management. Learn more: https://bit.ly/3UDM9SK #riskmanagement #riskandcontrols #erm

Seeking a cloud-based solution to automate reporting and enhance internal processes? So was Ocean City, Maryland. A complete migration from an out outdated, on-premise system to ClearRisk’s cloud-based solution resulted in a safety-minded culture shift throughout the entire organization and communication of data between departments has never been easier. Checkout the full case study: https://loom.ly/f7Y7TSM