On Aon: Recent Episodes
Aon
Each episode of “On Aon” will feature people, solutions, innovations and news that define Aon’s unique culture. Delve into our global firm through conversations between colleagues.
In the final episode of our special three-part series exploring Aon's 2026 Human Capital Trends Study, Byron Beebe is joined by Max Saraví and Guy Clarkson to discuss how leaders can turn workforce investments into stronger business outcomes.
As workforce and healthcare costs continue to rise, organizations are facing increasing pressure to make every people investment count. The conversation explores how leading employers are using employee value propositions, data and personalization to make more informed decisions, strengthen the employee experience and align workforce strategies with business priorities. The episode also examines how AI and emerging technologies are helping organizations deliver greater value, generate deeper insights and position themselves for long-term growth.
Key Takeaways:
- Leading organizations measure success by outcomes, not spend, ensuring workforce investments strengthen employee experiences while advancing business goals.
- A strong employee value proposition provides a strategic framework for decision-making, helping leaders prioritize investments that deliver the greatest value for employees and the organization.
- Data, personalization and AI mean organizations can build more targeted, effective workforce strategies that improve engagement, increase return on investment and help them to stay ahead.
Experts in this episode:
- Byron Beebe, CEO of Human Capital, Aon
- Max Saraví, Head of Human Capital, Latin America, Aon
- Guy Clarkson, Head of Online Health, UK, Aon
Key Moments:
(1:30)Why organizations are rethinking people investments as employee expectations and healthcare costs continue to rise, and how a strong EVP can help employers deliver greater value.
(5:05) How leading organizations use data, personalization and employee insights to guide workforce investment decisions and improve employee experiences.
(11:00) The future of workforce investment, including AI-powered personalization, integrated employee experiences and the growing importance of data maturity.
Soundbites:
Byron Beebe:
“As workforce costs continue to rise, the real opportunity lies not in spending more but making every investment in your people count.”
Max Saraví:
“A strong employee value proposition acts as a framework for making better decisions about people investment rather than simply adding more programs or benefits."
Guy Clarkson:
"For me, an employee value proposition should be a decision-making framework that helps organizations decide where to invest, balancing what matters most to their employees, but also how they can then allocate limited resources."
In this Risk Capital Insight episode of the On Aon podcast, Aon leaders discuss why supply chain risk has become a critical leadership priority as geopolitical uncertainty, changing trade relationships and interconnected supplier networks reshape the global business landscape.
The conversation examines how disruptions can emerge well beyond direct suppliers to impact revenue, operations and reputation. Aon experts explore how organizations can use data, analytics and deeper scrutiny to make more informed decisions, strengthen confidence in their risk strategies and identify opportunities to stay ahead of emerging threats. They also discuss the evolving role of insurers and capital providers and how innovation in risk capital is helping organizations better understand exposures, unlock capacity and support growth.
Key Takeaways:
- Supply chain risk has become a leadership issue, requiring organizations to address dependencies that can directly influence growth, customer outcomes and financial performance.
- Organizations that combine greater supplier visibility with advanced analytics are better positioned to anticipate disruption and stay ahead of emerging risks.
- Collaboration among businesses, insurers and capital providers is creating new opportunities to support long-term growth.
Experts in this episode:
- Bianca McKenzie, Global Strategy and Execution Leader, Aon
- Lee Meyrick, Chair, Risk Capital, Transportation and Logistics, Aon
- Richard Waterer, Global Risk Consulting Leader, Commercial Risk, Aon
Key Moments:
(2:00) Why geopolitical developments, trade dynamics and supplier interdependencies are creating new leadership challenges across global supply chains.
(7:55) The factors driving supply chain risk onto boardroom agendas, including concentration risk, limited visibility beyond Tier 1 suppliers and the need to balance efficiency with continuity.
(22:45) How data, analytics and emerging risk capital solutions are helping organizations gain confidence in decision-making and strengthen their approach to supply chain risk.
Soundbites:
Bianca McKenzie:
“It's clear that supply chain disruption isn't just an operational issue, it's ultimately a financial resilience issue.”
Lee Meyrick:
“Building forward-looking models that allow the carriers to understand both their per risk and their aggregated risk is really helpful in them coming to the to the fall when it comes to providing capital. I think this is of real value to both clients and the carriers, because there is an increase in demand. This is a new market. This is a new product that needs to come into the market.”
Richard Waterer:
“I think supply chain risk has moved up the agenda because leaders now recognize that it can directly affect revenue, earnings, customer service and reputation. It's no longer an operational issue that's buried in the supply chain function.”
In this Global Insight episode of the On Aon podcast, Aon leaders examine why extreme heat is emerging as a critical business challenge that demands greater visibility, preparedness and investment. Against the backdrop of heat waves and wildfires across North America and Europe, the discussion explores how heat can create significant financial and operational impacts across organizations, even when physical damage is limited or unseen.
The conversation highlights how heat can disrupt workforce productivity, energy systems, infrastructure, supply chains and business continuity simultaneously. It also explores how organizations can use climate analytics, engineering insight, scenario planning and risk transfer to better understand exposure, make more informed capital decisions and build resilience that helps them stay ahead of evolving climate risks.
Key Takeaways:
- Extreme heat is becoming a serious business risk. Its impact extends well beyond employee wellbeing, creating challenges across operations, supply chains, infrastructure, energy systems and financial performance.
- Organizations need a clearer understanding of how heat affects their facilities, suppliers, workforce’s performance and critical dependencies across their value chain.
- Climate analytics, risk engineering, adaptation planning and risk transfer can help organizations prioritize investments, protect operations and stay ahead of increasingly frequent heat-related disruptions.
Experts in this episode:
- Liz Henderson, Global Head of Climate Risk Advisory, Aon
- Josh Turner, Climate Advisory Product Manager, Aon
Key Moments:
(02:20) Why extreme heat is rising on leadership agendas, including the growing financial exposure associated with higher temperatures, aging infrastructure and more frequent heat events.
(6:05) How heat creates cascading business impacts, from workforce productivity and construction delays to equipment performance, energy demand, cooling costs and transportation disruption.
(20:20) How organizations can move from awareness to action through exposure analysis, mitigation and adaptation planning and risk transfer strategies that support long-term resilience.
Soundbites:
Liz Henderson:
“It's a risk amplifier in general. So across different industries like the food industry or construction, they might be worried about worker productivity, business downtime, crop impacts. And the underlying cause of those things is climate change risks and things like extreme heat.”
Josh Turner:
“Extreme heat waves are becoming more common as the climate is shifting in ways that make historical averages a pretty unreliable guide for planning.”
In this Industry Insight episode of the On Aon podcast, Aon leaders discuss why employee benefits have become a critical leadership agenda item for retailers. As benefits costs rise and workforce expectations evolve, organizations have an opportunity to unlock greater value from one of their largest workforce investments.
The conversation explores how leading retailers are using data, analytics and governance to make more informed decisions, align workforce investments with business priorities and strengthen outcomes across talent, operations and financial performance. They also examine how a more strategic approach to benefits can help organizations gain deeper insight, deploy capital more effectively and stay ahead in a rapidly changing environment.
Key Takeaways:
- Employee benefits have a significant impact on performance, employee experience and financial outcomes across the organization.
- Leading organizations are using data and analytics to connect benefits to business priorities, enabling more confident decisions and greater visibility into costs and outcomes.
- Organizations can create greater value by improving visibility of their benefits programs, strengthening governance and taking a more sophisticated approach to financing.
Experts in this episode:
- Tom Bowman, Global Retail and Consumer Goods Industry Leader, Aon
- Matt Duffy, Chief Commercial Officer, Global Benefits, Aon
Key Moments:
(01:50) Why employee benefits have moved beyond a traditional HR function and become a leadership priority tied to workforce performance, financial outcomes and risk management.
(08:25) How organizations can improve visibility into benefits spending, strengthen governance and identify opportunities to create greater value from workforce investments.
(13:08) How data and analytics are transforming benefits decision-making and helping organizations connect workforce investments to business outcomes.
Soundbites:
Tom Bowman:
"Benefits are no longer simply a cost of employment. They are now much more of a strategic lever that can actually influence workforce performance. And that then improves employee experience that then drives real benefits, both on operational resilience and also the real financial outcomes of an organization."
Matt Duffy:
“Benefits have now become one of the largest workforce investments that organizations make, secondary only to payroll. And yet historically they've received far less attention and far less strategic oversight by the people within the organization that really matter.”
In the second episode of a special On Aon mini-series on the 2026 Human Capital Trends study, Aon's Human Capital leaders discuss why gaining a competitive advantage in an AI-powered future will depend as much on workforce readiness as it does on technology. While many organizations are accelerating AI adoption, lasting value comes from how leaders build the skills, culture and trust needed to put these tools to work. The conversation explores the leadership priorities that will shape the future of work, from developing critical capabilities and fostering adaptability to making better decisions in an increasingly AI-enabled environment.
Key Takeaways:
- AI success depends on workforce readiness and technology. Organizations that invest in skills, leadership and culture alongside AI adoption will be better-positioned to capture long-term value.
- Workforce readiness is becoming a strategic priority. Leaders who continuously build capabilities and help employees adapt to new ways of working will be better equipped to stay ahead as business needs evolve.
- Trust, transparency and wellbeing play a critical role in sustaining transformation. Clear communication and strong people practices help organizations build confidence, accelerate adoption and realize the full potential of AI.
Experts in this episode:
- Byron Beebe, CEO of Human Capital, Aon
- Lisa Patel, Head of Health and Talent, EMEA, Aon
- John McLaughlin, CCO and Head of Assessment, Talent Solutions, EMEA, Aon
Key Resources:
2026 Human Capital Trends Study
Key Moments:
(01:10) Why organizations need leaders who can combine AI capability with critical thinking to make better decisions, manage risk and capture opportunity.
(05:25) The risk of focusing on technology without investing in workforce readiness — and why culture, skills and employee experience remain central to AI adoption.
(12:15) How skills-based talent strategies, continuous learning and workforce insights can help leaders build resilience and stay ahead of changing business demands.
Soundbites:
Byron Beebe:
"I do think the more senior leaders need to embrace AI, but I also think we'll have more junior colleagues who really drive a lot of the development in all organizations going forward."
Lisa Patel:
“One thing I'd say about all of this is that we can't look at any of these modules in isolation. So, if we truly want to unlock the full potential of AI, we need a holistic approach to the whole thing.”
John McLaughlin:
"You want people to be high on both critical thinking and AI capability. You want them to be able to spot and manage risks while taking advantage of the opportunity in front of them."
In this Risk Capital Insight episode of the On Aon podcast, Caroline St. Clair and Jon Chapman discuss how the next generation of digital infrastructure is changing how leaders think about risk, capital and long-term growth. As AI accelerates demand for data centers, organizations are pursuing larger, more capital-intensive projects with greater interdependencies across power, construction and operations.
The conversation explores why risk strategy must be embedded from the outset, how insurability influences investment decisions and what separates the organizations that can scale with confidence from those that face constraints later in the project lifecycle. Leaders will gain practical insights into aligning risk, capital and resilience to support sustainable growth and stay ahead in a rapidly evolving market.
Key Takeaways:
- The most important risk decisions happen early. Site selection, power strategy, campus design and climate considerations can shape insurability, financing and project outcomes long before construction begins. Organizations that address these factors upfront create greater flexibility and stronger long-term outcomes.
- Insurance has become a strategic enabler of growth. As data center investments increase in size and complexity, insurability plays a more significant role in securing capital, supporting stakeholders and advancing project objectives.
- Connecting construction and operations through a single risk strategy helps organizations improve certainty, protect investments and position critical digital infrastructure for long-term success.
Experts in this episode:
- Caroline St. Clair, Data Center Practice Leader, North America, Aon
- Jon Chapman, Practice Leader, Construction and Infrastructure, Aon
Key Moments:
(01:15) The AI infrastructure boom and how data center investment, power density and project scale are creating new concentrations of risk unlike anything the insurance market has previously experienced.
(06:15) What's at stake when organizations fail to consider insurability early — including the impact on financing, campus design, site selection and long-term resilience.
(16:50) Why digital infrastructure leaders should adopt a lifecycle approach to risk, connecting construction and operations into a single strategy for risk transfer and resilience.
Soundbites:
Caroline St. Clair:
“Risk is no longer something you transfer after a project's been created. It's something that's determined very early in the process in the way you design, power and even configure your assets. And the people that get these choices right unlock capital, insurability and resilience. And if you get them wrong, it can be very difficult to fix down the line."
Jon Chapman:
“The organizations that win in the next decade won't just be the ones that build the biggest campuses. They'll be the ones that are credible under stress for insurers, lenders, customers, regulators and society.”
In this Global Insight episode of the On Aon podcast, Petra Schmidt and Derry Pickford reframe inflation from a cost challenge to a leadership test — one that is shaping how organizations allocate capital, price risk and position for growth.
They move beyond nearterm pressures to examine inflation as a persistent force influencing strategic decisions across pricing, supply chains and investment. The conversation centers on how leading businesses are building the capabilities to act in real time — bringing together data, discipline and scenario-planning to make better decisions in an unpredictable environment.
Rather than reacting to shifting conditions, Petra and Derry outline what it takes to stay ahead: embedding flexibility into operations, strengthening analytical capabilities and making deliberate tradeoffs that protect margin while positioning for longterm opportunity.
Key Takeaways:
- Inflation is reshaping decision-making. Business leaders are treating it as a structural input, embedding flexibility, scenario-planning and capital discipline into how they operate and grow.
- Leading organizations are shifting toward more data-driven and dynamic strategies — including pricing, supply chain design and cost management — to protect margin and adapt in real time.
- Resilience is a capability that drives advantage. Continuous adaptation — not reliance on forecasts — is enabling organizations to protect margin and capture growth as conditions evolve.
Experts in this episode:
- Petra Schmidt, Global Industry Leader, Enterprise Client Group, Aon
- Derry Pickford, Global Head of Investment Strategy and Economics, Aon
Key Moments:
(01:30) What is structurally different about today’s inflation environment — and why recent shocks may be less severe but more frequent
(03:40) How organizations are responding in practice, from dynamic pricing and cost control to supply chain redesign and advanced analytics
(11:30) Why resilience is now a core capability — not a one-time initiative — and how leading organizations are building for continuous change
Soundbites:
Petra Schmidt:
“In an inflationary environment, resilience is not a project, it's a capability. So, inflation and volatility are no longer short-term disruptions. Companies should design operations assuming uncertainty will continue. Success is not about perfectly forecasting costs. It comes from continuously adapting. What we're seeing winning companies doing.”
Derry Pickford:
“The only thing I'd add is that economists are fallible and if there's one thing that we can be sure on is that forecasts will be wrong. So I really think it's completely essential that companies take the measures that you suggested so that they are as resilient as possible when we get those inevitable surprises.”
In this Industry Insight episode of the On Aon podcast, Aon leaders Liz Henderson and Susan Doering examine how climate risk is redefining decision-making across the food, agribusiness and beverage (FAB) sector — and what it takes to stay ahead.
Rather than viewing climate as a standalone exposure, the conversation frames it as a force shaping pricing stability, operational continuity and workforce strategy. Liz and Susan discuss how organizations can translate insight into action by strengthening data capabilities, aligning cross-functional priorities and deploying innovative risk transfer solutions. The focus is not only on managing disruption, but on unlocking greater certainty, protecting margin and positioning for long-term growth.
Key Takeaways:
- Climate risk is reshaping core business functions — from supply and pricing to talent — requiring leaders to embed it into enterprise decision-making, not manage it at the margins.
- Leading organizations are accelerating the shift to analytics-led strategies to help guide investment, inform planning and create confidence in uncertain conditions.
- Collaboration across the value chain — coupled with more sophisticated risk transfer solutions — is enabling organizations to stabilize supply, protect capital and pursue growth with greater certainty.
Experts in this episode:
- Liz Henderson, Global Head of Climate Risk Advisory, Aon
- Susan Doering, Global Food, Agribusiness and Beverage Leader and Enterprise Client Leader, Aon
Key Moments:
(02:00) Why climate risk is no longer a standalone issue — and how it is amplifying supply chain disruption, pricing volatility and workforce pressures across the FAB sector.
(07:30) A real-world example showing how climate shifts are already changing harvest timelines, crop quality and long-standing production practices.
(15:30) What leadership looks like in practice — investing in analytics, aligning long-term planning and adopting new risk transfer approaches to create stability and support growth.
Soundbites:
Liz Henderson:
“At Aon, we like to think about climate as a risk amplifier rather than a standalone thing that you have to manage independently. It is a thread across all of those risk categories. And yet there's so much of the industry that remains unprotected.”
Susan Doering:
“I'd like to make sure that people are thinking about it, not just as like when we think about climate risk, we often think it's about just impacts to physical assets. But really what we're seeing now is real issues around pricing volatility, so lack of predictable ingredient prices and quality impacts for specialty crops.”
Key Resources:
2026 Climate and Catastrophe Insight report
In the first episode of a special On Aon mini-series on the 2026 Human Capital Trends study, Aon’s Human Capital leaders outline a clear leadership challenge: AI is scaling fast, but the value it delivers is determined by how effectively organizations prepare their people to use it. The discussion moves beyond adoption to focus on aligning AI to business priorities, redesigning work and equipping leaders to translate capability into sustained growth.
Key Takeaways:
- AI investment is ahead of workforce readiness, leaving unrealized value. Organizations that stay ahead are closing this gap by prioritizing capability-building alongside deployment.
- Delivering value from AI requires shifting focus from activity to outcomes. Measuring success through productivity, decision-making and business impact is critical to unlocking return on investment.
- Advantage comes from redesigning work, not just scaling tools. Embedding AI into critical workflows and aligning incentives, leadership and skills is what enables durable growth.
Experts in this episode:
- Byron Beebe, CEO of Human Capital, Aon
- Amanda Scott, Head of Talent Solutions, North America, Aon
- Marinus Van Driel, Partner, Workforce Transformation Advisory, North America, Aon
Key Resources:
2026 Human Capital Trends Study
Key Moments:
(00:45) AI adoption has accelerated across organizations, but workforce readiness is lagging, creating a gap between deployment and impact
(04:20) Why moving too quickly on technology without building capability leads to stalled return on investment and slower adoption
(13:00) How AI is reshaping the future of work, driving more fluid, skills-based roles and integrated ways of working
Soundbites:
Byron Beebe:
“I really think it's the people using AI to do jobs better or to enhance what they can accomplish for customers of a business. Those are the people that are going to win.”
Amanda Scott:
“AI is no longer a technology story; it's a people story.”
Marinus Van Driel:
“What we're seeing is most organizations are scaling their tools, but very few are redesigning their work. So, most of them are in that foundation or that developing stage. And then I think that the question that's emerging from all of this that I think all leaders will have to grapple with in the near future is we can have AI do this work, but should we have AI do this work.”
On Aon — Episode 116
Title: Navigating Cyber Risk, Regulation and the Reality of Fines
In this Risk Capital Insight episode of the On Aon podcast, Pablo Constenla, head of coverage and claims for cyber and financial lines in EMEA for Aon, is joined by Charlie Weston-Simons, partner at A&O Shearman, to examine how leaders can stay ahead as cyber risk, regulation and financial exposure converge.
As artificial intelligence accelerates the scale and sophistication of attacks and regulators expand enforcement, the discussion focuses on what it takes to translate uncertainty into action — from quantifying cyber-related fines to understanding where insurance comes into play. Drawing on Aon’s Cyber Fines Report and frontline experience across incidents and investigations, the episode highlights how organizations can align legal, risk and insurance strategies to make more confident decisions and strengthen resilience at pace.
Key Takeaways:
- AI is reshaping threat dynamics, requiring leaders to move beyond awareness and invest in quantification, scenario planning and faster response to stay ahead of evolving risks.
- Anticipate regulatory impact and act before enforcement does. Globally regulators are increasing scrutiny and doubling down on fines and potential leadership accountability, elevating the need for cross-border risk strategies.
- Cyber insurance plays an important role but is only one part of a broader resilience strategy, as organizations must prioritize preparation, response and a strong cyber risk culture to navigate increasingly complex exposures.
Experts in this episode:
- Pablo Constenla, Head of Coverage and Claims for Cyber and Financial Lines, EMEA, Aon
- Charlie Weston-Simons, Partner, A&O Shearman
Key Resources:
The Insurability of Cyber Fines
Key Moments:
(01:40) How AI is reshaping cyber risk, from enhanced social engineering to the emergence of automated attacks and new vulnerabilities
(05:30) The growing complexity of regulation, including NIS2 implementation challenges and inconsistencies across jurisdictions
(12:10) Why cyber incidents are now viewed as existential crises and how organizations should rethink incident response and resilience
Soundbites:
Pablo Constenla:
“And the real challenge isn't just managing cyber risk, it's connecting the dots across legal, risk and insurance when a collective action is faced.”
Charlie Weston-Simons:
“I think from a legal and insurance perspective, the key issue becomes how do you manage a risk that is evolving faster than regulation and controls can adapt.”
In this Global Insight recap episode of the On Aon podcast, Aon leaders revisit some of the key conversations we’ve showcased in the first half of the year, exploring how geopolitical risk, capital flows and emerging financial infrastructure are reshaping the global business environment.
The discussions highlight how organizations are navigating increasing complexity — from the role of insurance in keeping global trade moving, to evolving payments infrastructure, shifts in private credit markets and the growing importance of resilience as a driver of decision-making and long-term performance.
Experts in this episode:
- Bridget Gainer, Chief Public Affairs Officer, Aon
- Lee Meyrick, Chair of Risk Capital, Transportation and Logistics, Aon
- John King, Senior Vice President, Global Treasurer and Head of Portfolio Strategy, Aon
- Russ Ivinjack, Global Chief Investment Officer, Aon
Featured topics:
- How rising geopolitical risk is shaping global trade and the critical role of insurance in enabling movement across key corridors like the Strait of Hormuz.
- Why stablecoin is emerging as a payments and operating model conversation — and what it means for how organizations move money globally.
- The growth of private credit and why alignment of interest remains central to managing risk and delivering outcomes.
- How Aon’s Resilience Quotient reframes resilience as a driver of better decision-making, adaptability and long-term performance.
In this Industry Insight episode of the On Aon podcast, our experts examine how aerospace and defense organizations are redefining workforce and risk strategy to support sustained growth. As demand accelerates and technology expectations rise, leadership priorities are shifting — from managing talent and risk challenges separately to an integrated competitive advantage.
Drawing on current industry data, the discussion highlights how forward‑looking organizations are aligning workforce strategy, cyber readiness and supply chain resilience to move faster, deploy capital with confidence and stay ahead of evolving demands.
Key Takeaways:
- Workforce strategy is becoming a core enterprise lever for aerospace and defense companies, with talent decisions shaping innovation, contract fulfillment and long-term growth.
- Competition for critical skills is expanding beyond the sector, requiring leaders to reposition aerospace and defense as a destination for top talent and invest with greater precision across the talent lifecycle.
- Modernization is a leadership priority, not just a technical one — requiring disciplined investment to integrate advanced technologies while maintaining operational continuity and unlocking new sources of growth.
Experts in this episode:
- David Carlson, Global Industrials and Manufacturing Leader, Aon
- Randy Ramirez, HCS Rewards Solutions Associate Partner, Aon
Key moments:
(02:27) The scale of the global aerospace and defense workforce — and why shifting demand is redefining the role of talent in enterprise strategy.
(04:32) Key human capital challenges, including skills gaps, evolving employee preferences and competition for technical talent.
(06:29) How leading organizations are connecting analytics, cyber insights and supply chain visibility to strengthen decision‑making and accelerate growth.
Soundbites:
David Carlson:
“Today's geopolitical volatility is driving governments worldwide to demand innovation at scale and speed, particularly in technology solutions and advanced engineering. Yet many organizations still rely on legacy infrastructure, making the integration of cutting-edge technologies complex, costly and risky for operational stability.”
Randy Ramirez:
“In the US, the defense industrial base supports over 2.2 million direct workers with an additional 3.5 million in indirect supply chains. And because the industry is quickly changing, so are the dynamics around talent.”
On Aon — Episode 113
Title: Delivering Better Retirement Outcomes Through Scale and Strategy
In this Human Capital Insight episode of the On Aon podcast, Aon’s Human Capital leaders outline how employers are taking a more active role in shaping retirement outcomes. As defined contribution plans become the primary source of retirement income globally, the focus is shifting towards strategies that deliver measurable improvement at scale.
The conversation highlights how pooled and multi-employer solutions are redefining what leadership looks like in workforce retirement planning — combining institutional investment access with disciplined governance and plan design to help organizations move ahead with clarity and confidence. Rather than adding cost, leading organizations are sharpening strategy — using scale, insight and engagement to strengthen outcomes and support long-term financial wellbeing in retirement.
Key Takeaways:
- Scale is becoming a defining advantage, with pooled and multi‑employer models enabling organizations to elevate outcomes through stronger governance, specialized expertise and more efficient plan design — freeing leaders to focus on strategic priorities.
- Disciplined investment strategy is central to performance, with broader asset access, lower costs and exposure to areas such as private markets supporting more resilient, long‑term return potential.
- Engagement is shifting from information to action, with leading plans using targeted, digitally enabled strategies to drive better decisions across different employee needs and life stages — strengthening outcomes over time.
Experts in this episode:
- Byron Beebe, CEO for Human Capital, Aon
- Helen Hatt, Partner, International Wealth, Aon
- Nigel Aston, Market Development Lead, Wealth Solutions, Aon
- Brian Abshire, Partner, Head of DC Multi-Asset Solutions, Aon
Key resources:
Employee Sentiment Study
Human Capital Trends Study
Key moments:
(02:45) How leaders are redesigning retirement strategies to deliver stronger, more consistent outcomes
(07:45) The role of scale and investment strategy in delivering stronger long term retirement portfolios and reducing costs.
(14:15) Why private markets are becoming an increasingly important component of DC plans and how they can enhance returns.
Soundbites:
Byron Beebe:
“Most people know that defined benefit plans used to be the main source of retirement income for employees around the world. And that's really changed quite a lot. Really, defined contribution plans are the main source of retirement income for employees around the world these days. And that means more of the responsibility for retirement savings is being pushed to the employees.”
Helen Hatt:
“Employers aren't necessarily wanting to throw more money at these plans to get better retirement outcomes. They just want the plans themselves to work in a better way. ”
Nigel Aston:
“But the two core elements which will give people better outcomes are these. And this is what employers are looking for. The first is to give members more money. That's down to investment. And then the second is to help those employees, the participants in the plan, make good decisions with that money.”
Brian Abshire:
“Specifically, to private markets, it's become polarized that we just want to get access to this because it's going to be a unique thing that sounds different or maybe it costs more and generates more revenue from investment managers. And I think it's incumbent upon us as an industry. To really pound the table and say, it's not access for access’ sake, it's access because it moves the needle and it truly gives a diversified return enhancing potential.”
In this Global Insight episode of the On Aon podcast, Aon transportation and marine leaders examine the evolving risk environment in the Strait of Hormuz — one of the most critical corridors for global energy and trade. The discussion focuses on how shifting conditions are impacting trade flows, how insurance markets are responding in real time and what capacity and pricing signals reveal. It also highlights the role insurance plays in enabling global trade and what organizations should be watching as they plan for continued disruption.
Key Takeaways:
- Insurance remains available to support global trade through the Strait of Hormuz, even as risk has intensified and pricing has adjusted significantly. The primary constraint on vessel movement continues to be safety, not the withdrawal of insurance capacity.
- Marine and war insurance mechanisms are designed for active risk management. Notice provisions enable insurers to reassess accumulation, reprice exposure and maintain coverage in response to changing conditions, supporting continued market function.
- Leadership advantage comes from preparedness and adaptability. Organizations that understand supply chain vulnerabilities, engage closely with brokers and insurers and plan for both immediate and mid-term disruption are better positioned to sustain continuity and act with confidence as conditions evolve.
Experts in this episode:
- Philip Smaje, Global Industry Specialty Leader, Transportation and Logistics, Aon
- Lee Meyrick, Chair, Risk Capital, Transportation and Logistics, Aon
Key moments:
(01:30) Why the Strait of Hormuz matters to global trade — and how its geography concentrates systemic risk.
(04:00) How insurance markets are responding, including the role of war cover, notice provisions and disciplined repricing.
(08:05) How insurance markets are responding in real time, including dynamic pricing, notice mechanisms and capital entering the market.
(13:00) What leaders should prioritize next to stay ahead, from contingency planning to preparing supply chains for extended disruption.
Soundbites:
Philip Smaje:
“The strait remains one of the most strategically important corridors in the world, particularly for energy, shipping and supply chains. But what often gets overlooked in these situations is the role insurance plays in determining whether trade can continue at all.”
Lee Meyrick:
“I think what we're seeing now is that there's an increase in both frequency and severity of new risks. And whilst geopolitical risks, as in the case of the current situation in the Strait of Hormuz, isn't new, I think the frequency and severity of these incidents are putting pressure on the marine insurance industry.”
In this Risk Capital Insight episode of the On Aon podcast, Aon leaders examine what the upcoming U.S. hurricane season demands from today’s decision-makers — and how organizations can convert risk insight into decisive action. Rather than relying on historical assumptions, the discussion emphasizes how leaders use current data, analytics and planning discipline to protect people, capital and operations. The episode highlights how organizations that prepare early, communicate clearly and act in real-time are better positioned to safeguard value when it matters most.
Key Takeaways:
- Preparation starts before hurricane season begins. Organizations that stay ahead treat hurricane readiness as a year-round priority — with clear accountability, trained teams and plans in place well before a storm forms.
- Changes in storm patterns and secondary impacts mean leaders can no longer rely on historical assumptions. Decisions around preparedness, exposure and recovery are increasingly grounded in current data, analytics and real-time insights.
- Clear communication across stakeholders plays a critical role in recovery. When contacts are defined, expectations are aligned and information flows consistently, organizations are able to respond more effectively and move through the claims process with greater confidence.
Experts in this episode:
- Dan Hartung, Global Head of Event Response for Risk Capital, Aon
- Jill Dalton, Group Managing Director, Property Risk Consulting, Aon
- John Dickson, Executive Vice President, Aon Affinity
Key moments:
(01:42) Why recent, quieter, hurricane seasons can create a false sense of confidence and what recent claims trends signal about insurer expectations and preparedness.
(04:26) How evolving storm behavior and secondary impacts are widening the protection gap — and why current risk insight is essential for informed decisions.
(13:10) Practical actions organizations can take now to strengthen readiness, including governance, communication planning and claims preparedness.
Soundbites:
Dan Hartung:
“If a storm does develop, there's the potential again for it to make landfall. And I would say at the end of the day, it really only takes one. So, it's best to be prepared in advance, take advantage of all of the analytics and expertise that we have to offer to help your organizations stay ahead of the curve.”
Jill Dalton:
“Communication and information is critical and to understand that claims when they happen, there are a series of expectations that need to be managed. Different stakeholders will want different information at different times.”
John Dickson:
“First of all, you're thinking about readiness and preparation. The time to think about these things is when the sun is shining, not when storm clouds are brewing. You need to act now.”
Key Resources:
Be Prepared: Natural Catastrophe Resources and Response
In this Industry Insight episode of the On Aon podcast, Aon construction leaders explore the scale, complexity and opportunity shaping the global construction sector. The discussion examines how construction is driving global economic growth, with spending projected to rise sharply through 2030, while also creating new Risk Capital and Human Capital considerations.
The conversation focuses on how construction organizations can manage increasing costs, supply‑chain pressures and insurance complexity, while also addressing persistent talent shortages, technological change and safety challenges.
Key Takeaways:
- Construction is a critical engine of global economic growth, accounting for trillions in annual spend and employing hundreds of millions of people worldwide. Continued investment in data centers, power and critical infrastructure is set to drive growth for years to come.
- As projects grow larger and financing structures evolve, risk management has become a leadership discipline rather than a technical exercise. Advanced approaches to natural catastrophe exposure, project delay risk and capital allocation help organizations protect balance sheets and keep complex projects on track.
- Human Capital is emerging as a strategic differentiator. Talent shortages and rising technical demands mean workforce capability, safety and upskilling are essential inputs to growth — not just downstream considerations.
Experts in this episode:
- Tariq Taherbhai, Chief Commercial Officer, Construction and Infrastructure, Aon
- James MacNeal, Global Industry Specialty Leader, Construction and Infrastructure, Aon
Key Moments:
(04:55) A look at the main risk pressures facing construction leaders — rising costs, ongoing supplychain disruption and increasing insurance and project complexity.
(08:50) How construction leaders are using data, analytics and scenario analysis to understand projectlevel exposure to natural catastrophes and climate risk — moving beyond portfoliolevel views to inform smarter decisions on individual sites.
(12:42) How construction organizations are responding to Human Capital challenges, including labor shortages, skills gaps, safety and the growing role of technology on job sites.
Soundbites:
James MacNeal:
“With projects getting more complicated and private financing playing a much bigger role, solid risk management and insurance, they're not just optional anymore, they're absolutely essential.”
Tariq Taherbhai:
“Construction is a massive employer. If you think about it, 220 million people around the world have some sort of job in construction. It's mindboggling.”
In this Human Capital Insight episode of the On Aon podcast, Aon talent leaders discuss how pay transparency has evolved from a regulatory requirement into a defining leadership capability. The conversation focuses on what separates organizations that are merely disclosing information from those using transparency to strengthen trust, decisionmaking and longterm growth.
Across North America and EMEA, new requirements are raising expectations — not just for compliance, but for clarity, consistency and confidence. The discussion examines how leading organizations are aligning pay architecture, manager capability and communication strategy to stay ahead as transparency reshapes how employees assess fairness, opportunity and leadership credibility.
Download Aon 2026 Pay Transparency Pulse Study Results
Key Takeaways:
- As transparency increases, organizations that clearly explain how pay decisions are made — and why — are better positioned to maintain trust, shape the narrative and prevent misinformation, even when answers are evolving.
- Manager readiness is a strategic differentiator. As the first point of contact, managers must be equipped with the insight, tools and language to lead pay conversations with confidence. Early investment here strengthens credibility and reduces risk as transparency expands.
- Transparency is an ongoing journey, not a one-time event. Evolving regulations, changing employee expectations and global complexity mean organizations must build flexible frameworks that can adapt over time rather than focusing only on minimum compliance.
Experts in this episode:
- Laura Wanlass — Governance/ESG Practice Leader, North America Talent Solutions, Aon
- Steven Guyer — Head of Rewards and Career Advisory, North America Talent Solutions, Aon
- Anthony Poole — Partner and Industry Sector Leader, Human Capital, Aon
Key Moments:
(02:10) How regulatory requirements and employee expectations are driving pay transparency efforts in the United States — and why many organizations have acted but not yet seen full impact.
(07:13) Why transparency acts as a stress test on compensation design, forcing alignment across architecture, pay practices and manager capability.
(13:54) How leading organizations are prioritizing consistent narratives and manager readiness to address rising employee expectations and trust dynamics.
Soundbites:
Laura Wanlass:
“Pay transparency has moved from a compliance question to a capability test for companies.”
Steven Guyer:
“Transparency really acts like a stress test. So, it forces organizations to look inward at things that might have been in place for a long time within the organization.”
Anthony Poole:
“It's important that we are clear in our communications, consistent in what we're saying to employees because transparency doesn't create inequity in itself, but it does make existing inequity very visible.”
In this Risk Capital Insight episode of the On Aon podcast, Aon credit specialists discuss how leading power and energy organizations are using Risk Capital to drive confidence, continuity and growth. The conversation centers on leadership choices that strengthen balance sheets, reinforce trading relationships and expand access to capital. Rather than reacting to external conditions, the episode highlights how credit, political risk and surety solutions are deployed proactively to support investment and long-term resilience.
Key Takeaways:
- Credit and political risk solutions are increasingly being used as strategic tools to support growth and strengthen trading relationships, not simply to transfer risk.
- Credit insurance enables leaders to manage unsecured exposure with confidence, preserving flexibility and decision‑making speed. This approach supports continued trading and commercial activity while reinforcing disciplined balance‑sheet management.
- By strengthening the credit quality of payment streams, organizations are unlocking additional bank and investor capital. Improved cash‑flow certainty creates balance sheet headroom that supports investment, strategic expansion and long‑term value creation.
Experts in this episode:
- James Ponsford, Global Commodities Industry Leader, Aon
- David Kinzel, Structured Credit and Political Risk US Leader, Credit Solutions, Aon
- Meera Saunders, Client Director, Structured Credit Solutions, Aon
Key Moments:
(3:30) How leaders are using credit solutions to create balance‑sheet headroom, manage concentration risk and sustain trading activity.
(06:15) How credit insurance supports confident management of unsecured exposure as transaction sizes and values increase.
(10:15) A breakdown of credit insurance, political risk insurance and surety — and how these tools can help protect payment streams, manage geopolitical uncertainty and unlock capital.
Soundbites:
David Kinzel:
“The other area that I think we could talk about is the ability for the insurance to unlock capital. So, what we're doing is we're looking at the counterparty risk and we're essentially using credit insurance as a credit enhancement. Getting that certainty around continued payment streams just has a big effect on working with banks.”
Meera Saunders:
“We see sophisticated energy companies utilizing credit solutions as a tool to enable them to continue operating in their business and grow, rather than just as a way of offloading risk.”
In this Global Insight episode of the On Aon podcast, Aon’s investment leaders cut through private credit headlines to define what drives durable outcomes. Drawing on perspectives from the U.S., UK and EMEA, the discussion explains why private credit has become a core component of modern portfolios — and where discipline, structure and alignment create advantage. The conversation focuses on how informed manager selection, intentional liquidity design and governance enable investors to stay ahead as the market continues to scale.
Key Takeaways:
- Private credit is no longer an alternative — it is a core lever for portfolio construction. Its evolution from a niche allocation to a foundational source of income, diversification and flexibility reflects a structural shift in capital markets, not a cyclical trend.
- Recent liquidity headlines reflect fund structures working as designed rather than under systemic stress, underscoring the importance of understanding vehicle terms and investor protections.
- Strong outcomes in private credit are driven by structure and governance. Clear underwriting standards, aligned incentives and intentional portfolio construction become increasingly important as the market scales.
Experts in this episode:
- Ari Jacobs, Global Head of Investment, Aon
- Russ Ivinjack, Global Chief Investment Officer, Aon
- Alison Trusty, Co-Head of UK/EMEA Fixed Income, Aon
Key Moments:
(4:30) Russ breaks down what private credit is — and what it is not — explaining how it fits alongside public credit and why investors expect higher yield in exchange for reduced liquidity.
(14:50) Comparisons to the 2008 financial crisis are addressed, outlining why today’s private credit market differs due to stronger underwriting, governance and alignment of interest.
(16:30) Private credit’s growth is linked to banks pulling back from lending after the financial crisis, positioning private capital as a durable source of financing rather than a temporary market response.
Soundbites:
Russ Ivinjack:
“If I had to say one word, really across this whole podcast, it's alignment. The alignment of interest is critical. So, making sure bad loans aren’t being issued is of paramount importance. And that’s why we don’t see the same parallels going back to the great financial crisis.”
Alison Trusty:
“This is a structural shift in markets. The banks aren't going to be coming back to lending and the economy needs finance. So private debt will continue to provide that.”
This episode of On Aon was recorded on March 23, 2026.
In this Industry Insight episode of On Aon, Emma Crookes, global insurance vertical leader for Aon, sits down with Andy Marcell, CEO of Global Solutions for Aon, about how the insurance industry is evolving to meet a more complex and fast‑moving risk landscape.
They discuss why insurers are prioritizing stronger data foundations, more integrated capital strategies and new approaches to talent as they adapt to emerging risks — from climate and cyber to technology‑driven change. Andy shares why insurance remains a critical enabler of global growth, how insurers can differentiate themselves through better insight and decision‑making and what it takes to stay relevant in an industry where confidence, capital and innovation are deeply connected.
Key Takeaways:
- Data and insight are becoming the primary sources of competitive advantage. Insurers are strengthening data foundations to improve risk assessment, capital allocation and decision‑making speed in an increasingly complex environment.
- Risk, capital and talent strategies are deeply connected. As technology and AI reshape underwriting, distribution and portfolio management, insurers must align workforce strategy with business and risk objectives to stay ahead.
- Insurance plays a vital role in enabling confidence, investment and growth. By helping organizations manage evolving risks the industry supports broader economic progress.
Experts in this episode:
- Andy Marcell, CEO of Global Solutions, Aon
- Emma Crookes, Global Insurance Vertical Leader, Aon
Key Moments:
(1:30) Andy Marcell explains why Aon launched the insurance industry vertical, moving beyond reinsurance alone to address insurers’ broader business, risk and people challenges.
(5:35) Data emerges as a defining challenge for insurers, shaping how they assess risk, deploy capital and adapt to a rapidly changing market.
Soundbites:
Andy Marcell:
“The type of skills that the insurance companies need to have are different and are rapidly changing. And so, to connect those two things, strategy and people, is more and more important than it’s ever been.”
In this Human Capital Insight episode, Chris Simmons, head of health UK for Aon, is joined by Anthony Kemp, pensions and benefits director at Deloitte, to explore how organizations can rethink employee benefits and strike a better balance between cost containment and employee value. Drawing on Deloitte’s experience redesigning its own benefits approach, the conversation looks at personalization, communication and the role technology plays in creating a clearer, more engaging employee experience — while still delivering measurable return on investment.
Key Takeaways:
- As talent expectations evolve, benefits are a core component of attraction, retention and engagement — particularly in professional services organizations.
- Employees are more likely to recognize and engage with benefits when they are tailored to individual needs and presented through a single, intuitive experience.
- Smarter design supports both employee wellbeing and cost control: by focusing on preventative health, strategic sourcing and continuous review, organizations can deliver meaningful benefits while managing long-term costs.
Experts in this episode:
- Chris Simmons, Head of Health, UK, Aon
- Anthony Kemp, Pensions and Benefits Director, Deloitte
Key Moments:
(02:20) Anthony Kemp explains the challenge Deloitte faced when employees didn’t fully understand or value the benefits already available to them — and what triggered the need for change.
(4:45) Personalization and flexibility replaced a one-size-fits-all model, allowing employees to choose benefits aligned to their life stages and individual needs.
(6:45) Communication stands out as the biggest lesson learned, with even the strongest benefits falling short if employees don’t fully understand or engage with them.
Soundbites:
Anthony Kemp:
“Employees today are looking for more than just a competitive salary. They want holistic wellbeing support, flexibility and a sense of belonging.”
Chris Simmons:
“Looking at our employee sentiment study results, 72 percent of employees say customization and personalization of benefits is important to them. But actually, only 41 percent of employees currently experience that level of personalization in their benefits.”
In this Risk Capital Insight episode of On Aon, Ciaran Healy, global captives leader for Aon, is joined by Joe Peiser, Aon’s CEO of Risk Capital, to explore how rapidly shifting risk profiles and capital dynamics are reshaping the way organizations protect their balance sheets.
Ciaran and Joe examine the forces driving unprecedented volatility — including weather, cyber, litigation and geopolitical risk — and discuss why traditional approaches to risk financing are no longer sufficient. The conversation highlights how insurance, alternative capital and captives are becoming more strategic levers, enabling leaders to strengthen resilience, align risk appetite with analytics, and deploy capital with greater confidence and flexibility in a changing global landscape.
Key Takeaways:
- Insurance capacity is becoming more segmented, with alternative forms of capital such as insurance-linked securities, parametrics and structured insurance playing a growing role.
- Organizations are increasingly using captives as strategic platforms to access multiple sources of capital, aggregate risk across the enterprise and make more analytics-driven decisions.
- Effective risk financing now depends on blending insurance, reinsurance and alternative capital in a more deliberate way to better match risk to the balance sheet.
Experts in This Episode:
• Joe Peiser, CEO of Risk Capital, Aon
• Ciaran Healy, Global Captives Leader, Aon
Key Moments:
(4:20) Insurance capacity is fragmented as loss severity rises, with risk transfer increasingly coming from a broader mix of capital sources such as ILS, parametric solutions and structured insurance.
(8:00) A shift from transactional insurance buying to a more strategic risk financing mindset, with analytics positioned as the foundation for better capital allocation decisions.
(14:45) Captives are increasingly being used as tools to deploy capital more strategically, offering flexibility, control and new ways to manage risks that traditional markets may not yet cover.
Soundbites:
Joe Peiser:
“So a reason we created Risk Capital is because we want to make sure we can access that capital in whatever form it comes and in whatever market it comes in, because that's how we're going to generate solutions for our clients.”
Ciaran Healy:
“The captive is moving from a controller of insurance into a controller of capital. And that's a really interesting place to be. And I think it opens up a huge opportunity for risk professionals and all captive owners.”
In this Global Insight episode of On Aon, Tim Fletcher,national practice leader for the Financial Services Group for Aon, sits down with John King, senior vice president, global treasurer and head of portfolio strategy for Aon, to unpack the rapidly evolving world of stablecoins.
Tim and John examine stablecoins as a practical payments and operating model issue and dive into how they work, what differentiates them from other digital assets and why they’re increasingly on the agenda for treasurers, risk leaders and boards navigating global liquidity, regulation and cross-border payments.
Key Takeaways:
- There has been a convergence of factors driving stablecoin adoption: pressure on traditional payment options, demand for faster and cheaper cross-border transactions and the maturation of the digital asset ecosystem.
- Regulatory frameworks for stablecoin are becoming more defined: governments are starting to set expectations around reserves, governance and oversight.
- Even for those organizations that don’t see themselves as “crypto players,” stablecoin still matters: it touches core concerns such as payment efficiency, liquidity management and operational resilience.
Experts in this episode:
- Tim Fletcher,national practice leader, Financial Services Group, Aon
- John King,senior vice president, global treasurer and head of portfolio strategy, Aon
Key moments:
(1:50)
Tim and John explain what stablecoin is and isn’t — it’s a digital token designed to maintain a stable value, functioning more like a payment or settlement instrument than an investment asset.
(3:30)
Organizations are now viewing stablecoin as a payments and settlement infrastructure, especially for cross‑border transactions, treasury operations and liquidity management.
(8:15)
Stablecoin is not a universal solution and leaders need to weigh complexity against any proven upside.
Additional Resources:
A Simple Guide to Stablecoins and Tokenized Assets — Webinar (March 11 and 19) Register Here
Soundbites: [two key quotes from the episode]
Timothy Fletcher:
“Even if an organization never touches stablecoin directly, understanding the implications is becoming part of staying informed about how money moves.”
John King:
“The question isn’t just “does this work right now?” but “how might this change, and are we prepared when it does?”
In the first Industry Insight episode of On Aon, Charles Philpott and Paul Pryor explore why mining and natural resources are becoming more critical than ever before.
From electrification and the energy transition to data center expansion and national security, demand for minerals is accelerating at an unprecedented pace. Against this backdrop, Charles and Paul discuss how mining companies are navigating deeper and more complex extraction, evolving geopolitical and supply chain dynamics and rising expectations around ESG and safety — while also unlocking new sources of capital and competitive advantage.
The conversation also examines one of the sector’s most pressing opportunities: building the workforce of the future. As automation, AI and autonomous operations reshape mining, organizations that invest in skills, technology and compelling employee value propositions will be best positioned to attract and retain the next generation of talent.
Key Takeaways:
- Natural resources underpin the modern economy, from electrification and decarbonization to data center growth — placing mining at the heart of global growth and resilience.
- End‑to‑end visibility across the mining value chain — from extraction and processing to transport and infrastructure — is increasingly essential as demand for metals such as copper, gold and critical minerals accelerates.
- Talent and technology are becoming sources of competitive advantage. Mining companies that embrace automation, AI and differentiated employee value propositions will be better positioned to secure future skills and sustain long‑term performance.
Experts in this episode:
- Charles Philpott — Global Natural Resources Leader, Enterprise Client Group, Aon
- Paul Pryor — Global Mining Practice Leader, Aon
Key moments:
(4:10) As the natural resources industry transforms and makes more use of autonomous vehicles and autonomous operations, so too are they exposed to greater technology and cyber risks.
(5:35) Extraction is getting more difficult, the new deposits are deeper and complex geologies and at the same time the demand for minerals will increase about six times through 2040.
(9:30) Data centers depend on mining — from construction materials to battery metals and cooling systems — underscoring how critical minerals underpin every layer of modern data and cloud capacity.
Soundbites:
Paul Pryor:
“The biggest issue facing natural resources companies today is trying to satisfy the world's incessant demand to improve the quality of life.”
Charles Philpott:
“Few industries are under as much pressure and opportunity as mining right now.”
In the first Human Capital Insight episode of On Aon, Jason Trull and Aon talent and rewards leaders unpack how organizations can turn rapid workforce change into a performance advantage across technology, life sciences and financial services. Drawing on Aon data and current market signals, the group explores what’s shifting fastest: accelerating AI adoption and governance needs, skills evolving beyond traditional role-based models and rising expectations for personalization, flexibility and career pathways.
Key Takeaways:
- AI is reshaping skills demand and pushing new governance and reskilling priorities across industries.
- Skills are evolving faster than traditional talent models. Routine and transactional tasks are declining as higher-value analytical and digital skills rise.
- Employee expectations continue to evolve, increasing the importance of personalization, flexibility and clear career pathways.
Experts in this episode:
- Jason Trull — Global Head of Talent Data Solutions, Aon
- Chris Tanana — US HCS Rewards Solutions Partner, North America, Aon
- Tanaz Moazami — US HCS Rewards Solutions Partner, North America, Aon
- Ephraim Edelman — Head of Talent Data Solutions, North America, Aon
- Rahul Chawla — Advisory Best Practices, APAC, Aon
Key moments:
(1:05) The global labor market is in a state of flux. Employee turnover, shifts in hiring trends, the spread of AI and healthcare costs are all piling the pressure on people leaders, and each industry is moving through really its own version of disruption.
(5:00) We believe that about 96% of life sciences firms plan to invest in reskilling to stay competitive.
(6:00) The tech sector, maybe more than any other, is facing a fundamental shift of the skills that companies need as AI adoption accelerates.
(14:15) Today's employee value proposition requires companies to refocus and consider various elements, including skills, pathways and growth.
Soundbites:
Jason Trull:
“Demand for professionals with AI skills is only going to increase, making it all the more necessary for leaders to seek out reskilling opportunities for their teams.”
Chris Tanana:
“It's a difficult balance staying cost efficient without undermining the ability to attract and retain critical talent.”
Tanaz Moazami:
“Firms are navigating multi-generational needs, evolving expectations on well-being and ongoing reinvestment in employee value proposition to keep pace.”
Ephraim Edelman:
“Companies are rebuilding a very different kind of talent model. We're seeing a shift towards a more skilled, more specialized and more globally distributed workforce.”
Rahul Chawla:
“Our clients are focused on delivering personalized benefits and communicating that value through non-traditional methods.”
On Aon — Episode 100
Title: Building Climate Resilience: Insights from Aon’s 2025 Climate and Catastrophe Report
In the first Risk Capital Insight episode of On Aon, host Alexandra Lewis is joined by Aon leaders Tracy Hatlestad and Michal Lorinc to discuss the findings of Aon’s 2025 Climate and Catastrophe Insight report. They explore another year of more than $100 billion in insured catastrophe losses, driven largely by secondary perils, and what a changing climate means for people, infrastructure and the global economy.
Key Takeaways:
- Climate risk is increasingly blurring lines between property and people risk, demanding more integrated decisions.
- Secondary perils, including severe convective storms and wildfire, are now major drivers of global insured catastrophe losses.
- Alternative risk transfer and parametric solutions complement traditional reinsurance to manage climate‑driven volatility.
Experts in this episode:
- Tracy Hatlestad — Executive Managing Director and Global Head of Property, Reinsurance, Aon
- Michal Lörinc — Head of Catastrophe Insight and Impact Forecasting, Aon
Key moments:
(1:35) In 2025, secondary perils were the primary driver of insured catastrophe activity, totaling around $100 billion.
(5:40) The insurance protection gap was the lowest on record in 2025, but half of the losses still went uninsured globally.
(6:05) Heat waves are one of the primary impacts on human health and we saw the impacts of heat waves around the world in 2025 with 42,000 fatalities from heat-related issues alone.
Soundbites:
Michal Lorinc:
“One ‘under-average’ year is no reason for complacency. Organizations need to keep strengthening their resilience for the future.”
Tracy Hatlestad:
“We also saw the lowest protection gap on record for the year 2025, and that’s predominantly as a result of the fact that 81% of losses are coming from the United States.”
Find out more:
2026 Climate and Catastrophe Insight
In this first Global Insight episode of On Aon, Bridget Gainer, chief public affairs officer at Aon, is joined by Dan Foy from Gallup to explore how leaders can use resilience as a platform for smarter growth. Drawing on insights from Davos and the development of Aon’s new Resilience Quotient (ARQ), they unpack how combining economic data with sentiment creates clearer signals amidst rising volatility. Together, they explain why organizations that understand both their exposure and their capacity to adapt are better positioned to make confident decisions, invest wisely and unlock long‑term performance.
Key Takeaways:
- The ability to adapt, respond and make confident decisions is emerging as a competitive differentiator, one that shapes investment choices, talent strategy and long‑term performance.
- Aon’s Resilience Quotient pairs objective risk indicators with Gallup’s global sentiment data to illuminate how societies, institutions and workforces experience disruption. This combination reveals underlying strengths that can accelerate growth.
- Institutional strength, employee engagement and societal confidence shape how effectively organizations can adopt new technologies, navigate policy shifts and seize emerging opportunities.
Experts in this episode:
• Bridget Gainer — Chief Public Affairs Officer, Aon
• Dan Foy — U.S. Business Leader for Global Research, Gallup
Key moments:
(3:50) Complexity and volatility are not temporary conditions.
(8:05) What we've done with Aon’s Resilience Quotient is one attempt to really try and bring that data together in a way that helps decision makers evaluate what are the true underlying factors.
(17:20) Turning trust into something that can be quantified changes how leaders make critical operational decisions.
Additional Resources:
Aon at Davos: A Spirit of Dialogue and Renewed Cooperation
Aon’s Resilience Quotient
Soundbites:
Bridget Gainer:
“Resilience can’t just be defensive anymore. It has to enhance decision quality, adaptability and long-term performance.”
Dan Foy:
“Engagement isn’t soft — it’s measurable, it’s movable and it changes how organizations adapt to disruption.”
On Aon — Episode 98
How Leaders Stay Ahead: Balancing Risk and Strategic Choices
In this episode of On Aon, Aaron Olson, executive vice president for Aon's Enterprise Client Group and co-author of the book Strategy and Change: Finding Opportunity in Disruption Through Insight, Choice and Risk, is joined by co-authors Richard Waterer, Aon's global risk consulting leader, and Ward Ching, Aon’s managing director of global risk finance. Together, they explore what it takes for leaders to stay ahead in a world of volatility — sharing approaches to balance risk, embrace change and uncover new paths for growth and innovation.
Key takeaways: Aaron, Richard and Ward explore three key themes:
- Insight – To succeed, organizations must strengthen pattern recognition and systems thinking to surface blind spots and assumptions before they turn into costly errors.
- Choice – Business leaders need to focus on improving strategic choices and understand the impact of each decision to ensure every choice supports their goals.
- Risk – Rather than avoiding risk, organizations can harness it as a catalyst for growth — aligning risk appetite, feedback from incidents and execution so organizations can move boldly and adapt quickly.
Experts in this episode:
- Aaron Olson — Executive Vice President, Enterprise Client Group, Aon
- Richard Waterer — Global Risk Consulting Leader, Commercial Risk, Aon
- Ward Ching — Managing Director, Global Risk Finance, Aon
Key moments:
(3:34) Aaron explains the concepts of insight, choice and risk — critical capabilities for navigating disruptive change that leaders and organizations will need to build.
(5:53) Ward highlights how we have moved from the information age to the digital age, where information is being curated in fundamentally new ways, which reshapes the way leaders need to think about strategic choice and disruption.
(10:20) Richard explains how risk has often been misunderstood as something to avoid when it can be seen as a driver of insight and opportunity.
Additional Resources:
Strategy and Change: Finding Opportunity in Disruption Through Insight, Choice and Risk
Findings from Aon’s Global Risk Management Survey
Soundbites
Richard Waterer:
“So the idea is simple by clearly defining how much risk an organization is willing to take. You don't just draw a line between danger and safety, you actually create a runway for innovation and growth.”
Aaron Olson:
“We have found...during times of disruptive change, insight becomes particularly important, both the use of analytics to understand and evaluate situations and the importance of addressing and considering blind spots.”
On Aon — Episode 97
Risk and Resilience in the Age of Autonomous Vehicles
Autonomous vehicles and self-driving technology are no longer futuristic — they’re transforming how we move today. As adoption accelerates worldwide, insurers face a new set of risks and opportunities. Jillian Slyfield, Aon’s global chief innovation officer and global technology and digital economy leader, joins David Carlson, global industrials and manufacturing leader, to discuss key industry partnerships and the regulatory challenges shaping ride technology.
Key Takeaways:
- Autonomous vehicles are moving from testing phases to everyday use, creating new considerations for transportation and risk management.
- Insurers now face the challenge of balancing multiple forms of liability — including product, auto and cyber — as technology reshapes mobility.
- Data is important as both a risk and an asset. Who collects it, who owns it and how it can be used will all be key, as will balancing the privacy issues around it.
Experts in this episode:
- Jillian Slyfield — Global Chief Innovation Officer and Global Technology and Digital Economy Leader, Aon
- David Carlson — Global Industrials and Manufacturing Leader, Aon
Key moments:
0:45 The autonomous vehicles (AV) sector is expanding quickly — the industry is projected to grow from just over $100 billion in 2021 to more than $2 trillion by 2030, impacting how we think about mobility, risk and insurance.
10:40 The collection of data from autonomous vehicles will lead the way to better underwriting and faster claims adjudication in insurance. However, a big unresolved issue is who owns and can access this data.
15:00 Collaboration among insurers, brokers, fleet operators, OEMs and AV tech creators is at an all-time high and is critical to managing emerging risks.
Additional Resources:
Article: Navigating Risk in Transportation and Logistics: Gearing Up for Big Transitions | Aon
Report: Findings from Aon's Global Risk Management Survey | Tenth Edition
Soundbites:
Jillian Slyfield:
“But coverage is changing. I wouldn't say that we need new forms of coverage, but we do need to think differently about the coverage that's in place and how to put it together in the best possible way. Sometimes we say it's like a jigsaw puzzle. Let's make sure the pieces are in the right places.”
David Carlson:
“The reality is people are still car enthusiasts. People love to drive cars still. That's just a reality. And so, I think in time, these things will evolve and we'll see more adoption.”
On Aon — Episode 96
Opportunities in a Changing Market — What Risk Buyers Need to Know
November 20, 2025
420 words … about a minute read
What’s new: In the latest episode of On Aon, Global Chief Broking Officer Cynthia Beveridge and Global Chief Claims Officer Mona Barnes discuss emerging trends in the commercial risk market as it heads towards the January renewals period. They discuss how the market is becoming increasingly fragmented and explain the factors driving recent developments in claims, including heightened natural catastrophe exposures, macroeconomic and geopolitical pressures, rising cyber ransomware incidents and adverse litigation trends currently unfolding in the U.S.
Experts in this episode:
- Cynthia Beveridge — Global Chief Broking Officer, Commercial Risk, Aon
- Mona Barnes — Global Chief Claims Officer, Commercial Risk, Aon
Key Takeaways:
- As organizations approach January renewals, they must adapt to a fragmented and rapidly evolving insurance market by reviewing and strengthening their risk programs.
- Despite generally favorable pricing, risk buyers face rising claims complexity and costs driven by natural catastrophes, inflation and adverse litigation trends.
- Success in today’s environment depends on close collaboration with claims advocates and leveraging insurer performance data to build resilient strategies for emerging risks.
Key moments:
(2:01) Insurers are generally growth-focused, competing aggressively and are looking to differentiate themselves through pricing, terms and risk improvement support.
(4:17) Natural catastrophes, increasing ransomware severity, macroeconomic pressures and adverse litigation trends are shaping claims trends.
(8:48) The growing availability of data and alternative sources of capital such as parametric, captives, catastrophe bonds, multiyear structured and facultative solutions are helping clients.
Soundbites:
Cynthia Beveridge
“Capacity has increased across much of the market during 2025. It's flowing in from both traditional insurers and the reinsurance market, but notably it's fragmented. While most placements can achieve full tower limits, the towers are really compromised. It's comprised of more insurers and more segments.”
Mona Barnes
“Claims inflation is contributing to increasing costs of everyday items as companies are looking to recoup losses by raising prices on all items, including food, housing and medical care — as well as insurance.”
Listen for more: The “On Aon” podcast is available on Spotify, Simplecast and Apple Podcasts (iTunes)
More Like This:
Q3 2025: Global Insurance Market Overview
Aon’s Global Risk Management Survey
Cyber and E&O: Pricing Holds, but Market Momentum is Shifting
4 Strategies to Navigate Insurance Claims Trends
Optimizing Your Property Program: How to Use a Soft Market to Build Resilience
On Aon — Episode 95
Title: Turning Climate Risk into Strategic Resilience
In the latest episode of On Aon, Liz Henderson, global head of climate risk advisory, and Tracy-Lee Kus, CEO of Aon's Global Broking Center, discuss the urgent topic of climate risk and resilience.
As climate-related events grow more frequent and severe, they’re reshaping insurance costs, regulations and business operations. Liz and Tracy-Lee explore how Aon is responding with innovation to help clients navigate this increasingly complex risk environment.
They also highlight why resilience in organizational strategy is no longer optional, but imperative for sustainable growth.
Experts in this episode:
- Liz Henderson — Global Head of Climate Risk Advisory, Aon
- Tracy-Lee Kus — Chief Executive Officer, Global Broking Center, Aon
Key Takeaways:
- Climate resilience is now a board-level priority and becoming increasingly important to business strategy and the insurance sector.
- Regional regulations are causing organizations to adapt their risk strategies.
- Aon has heavily invested in advanced analytics and climate modeling to empower clients with a complete and actionable view of their climate risk, supporting better decisions and long-term resilience strategies.
Key moments:
(03:10) With organizations facing increased climate risk, Aon is focusing on how it match risk to the right price and measure the impact and benefit of resilience for our clients.
(05:10) California and the EU are leading the way when it comes to climate-related regulation and can provide an indication on what measures other countries and regions will be adopting in the coming years..
(07:50) Aon’s analyzers — like the Climate Risk Monitor — help clients to quantify their exposures and anticipate what the climate-driven disruptions could be for their business.
Soundbites:
Liz Henderson:
“The one thing that we always say around climate risk is that it's both a risk in and of itself as it drives weather volatility, but it is also a risk amplifier across an organization, whether that's through your workforce, health and wellbeing, supply chain, etc.”
Tracy-Lee Kus:
“Our strategies themselves are now focused on helping clients to use disclosure, not just for compliance, but as a catalyst for resilience, capital access, and stakeholder trust.”
Listen for more: The “On Aon” podcast is available on Spotify, Simplecast and Apple Podcasts (iTunes)
More Like This:
Findings from Aon’s Global Risk Management Survey
Climate Change: Evolving Property Risk to Resilience
Steering Trade and Supply Chains Amid Weather Challenges
October 21, 2025
435 words…about a minute read
What’s new: In the latest episode of On Aon, Vice President of Global Benefits Kathryn Davis and Global Business Development Director of Global Benefits Celine Ng tong examine the findings from two important Aon reports: the 2025 Global Benefit Trends Study and the 2026 Global Medical Trend Rate Report.
The Global Benefits Trends Study highlights how multinational organisations are reshaping their benefits strategies by focusing more on employee value, controlling costs and improving global oversight.
We also spotlightthe 2026 Global Medical Trend Rates Report, which details that even as global inflation cools in some markets, health care costs remain under significant pressure and have become a pervasive business challenge.
Experts in this episode:
- Kathryn Davis — Vice President, Global Benefits, Aon
- Céline Ng tong — Global Business Development Director, Global Benefits, Aon
Key Takeaways:
- Multinational businesses are making employee benefits more meaningful and visible, with a strong emphasis on transparency and providing greater choice.
- Effective governance is a top priority, with businesses using data, engaging senior stakeholders and applying disciplined change management to implement benefit strategies.
- Technology, including AI, is increasingly used to personalize benefits and enhance employee experience, helping businesses deliver greater value.
- Medical benefit cost growth is slowing and may be plateauing globally, but aging workforces are expected to drive ongoing increases in both medical and retirement benefit expenses.
Key Moments:
(1:05) The results of the Global Benefits Trends Survey reveal where employers focusing when it comes to their benefit programs and how they can enhance their programs in the eyes of employees.
(4:22) The Global Medical Trend Rate Report shows a decrease in the topline rate for a second consecutive year, to 9.8%, from 10% last year. But with costs having gone up so much in recent years, what aren’t employers looking at when they look at spend?
(8:12) An aging population has ripple effects throughout a company’s health, wealth and talent strategies. Higher healthcare costs, combined with higher salaried employees mean higher costs overall.
Soundbites:
Céline Ng tong
“Number one, a big strategic focus on how do we do more and how do we enhance the perception of our benefits programs in the eyes of our employees.”
Kathryn Davis
“We may have finally hit the peak in medical trend, or at least that we're starting to plateau on a global level. So maybe (it is) time that we stop hyper focusing on cost containment from just medical inflation.”
Listen for more: The “On Aon” podcast is available on Spotify, Simplecast and Apple Podcasts (iTunes)
More Like This:
2025 Global Benefits Trends Study
The Global Medical Trend Rates Report 2026
5 Data-Driven Ways HR Can Optimize Costs
Building a Global Benefits Identity in an Era of Cost Containment
In this episode of On Aon, Joe Peiser, CEO of Commercial Risk, and Richard Waterer, Global Risk Consulting Leader, unpack the major findings from Aon’s 2025 Global Risk Management Survey — and what Risk Management leaders can do to remain resilient in the face of increasingly systemic and interconnected risks.
They explore the critical role of analytics in understanding evolving threats and highlight three traits that distinguish highly resilient organizations: insight, agility and collaboration.
Key Takeaways:
- Many of the top risks in Aon’s Global Risk Management Survey are broad and interconnected, impacting multiple areas of business.
- Cyber Risk remains the top concern globally. The rapid adoption of AI is intensifying risk complexity. Artificial Intelligence is itself a top 10 future risk.
- A persistent gap exists between risk awareness and action. Organizations, need better data and analytics to build accurate risk profiles.
- Resilient organizations are those that can quantify exposures, optimize capital allocation and embed risk strategy into decision making.
Experts in this episode:
- (Host) Joe Peiser, CEO, Commercial Risk at Aon
- Richard Waterer, Global Risk Consulting Leader at Aon
Key moments:
(1:12) The top 10 risks in our 2025 Global Risk Management Survey had some surprising and not-so-surprising results. Cyber Risk and Increasing Competition continue to rank highly, while Geopolitical Volatility made a significant jump.
(4:14) The risks cited are systemic and interconnected. Their impact is widespread and can be felt across the company.
(8:37) Highly resilient companies need three things to set themselves apart — insight, agility and collaboration.
Additional Resources:
Findings from Aon’s Global Risk Management Survey
5 Ways to Position Risk Capital as a Value Driver
AI and Workforce Skills: Who Should Act and Why Now?
5 Top Trends for Risk Capital in 2025
Soundbites:
Joe Peiser:
“Business leaders can't simply manage more risk by intuition. They really need the tools and the insights from those tools to interpret today's landscape and make decisions that help them survive and thrive.”
Richard Waterer:
“We were surprised to see Attracting and Retaining Top Talent fall out of this year's top 10. When you consider the challenges being brought about by workforces today, for example, healthcare costs in North America, new legislation on pay transparency in EMEA, you can understand why talent is a complex and costly issue for leaders.
On Aon — Episode 92
Title: The Longevity Shift: Rethinking Aging in the Modern Workplace
In the latest episode of Better Being, we examine longevity and how it is becoming an important topic for businesses.
Susan Fanning, Aon’s Head of Wellbeing for Asia-Pacific, and Professor Andrea Maier from the National University of Singapore examine how, as people live longer healthier lives, businesses can foster a diverse and dynamic workplace by harnessing the expertise of older employees.
Key Takeaways:
- The distinction between “healthspan” (the number of years of good health) and lifespan (how long someone lives) is crucial — as is working to reduce the gap between the two.
- There is a common misconception that aging equals decline. Prof Maier explains that, while most people experience some poor health, much of the aging process is within our control.
- Employers have a significant role in promoting longevity by adopting proactive approaches to employee health. This includes considering biological age when determining job roles.
Experts in this episode:
- Susan Fanning — Head of Wellbeing Solutions, APAC, Aon (Host)
- Prof Andrea Maier — National University of Singapore
Key moments:
(2:15) Some of our lifestyle habits are so poor that they will have a detrimental effect on our health and lifespans.
(8:00) Rather than insisting on an abrupt end to a working life, it’s better for employers and employees to have a gradual “step-down” process.
(14:55) A switch in careers every 20 years or so will open people up to experiences of different topics, different workforces and different ways of working.
Additional Resources:
3 Strategies to Improve Career Outcomes for Older Employees
Workplace Wellbeing | Aon
Soundbites:
Prof Andrea Maier:
“So I would say it's not only a medical revolution, but it's societal revolution. And there was also a cultural revolution we are changing.”
Susan Fanning:
So, as we're seeing in terms of healthspans and lifespans increase, we're also starting to see that retirement systems as well as healthcare systems are coming under pressure.
On Aon — Episode 92
Title: From Risk to Resilience — What’s Driving the Re/insurance Market
In the latest episode of On Aon, Emma Crookes and Dave Nicholson explore the latest trends in the insurance and reinsurance markets. The conversation covers key trends in Property and Casualty, including the evolving pricing environment, the impact of tariffs and inflation and the significance of natural catastrophe losses in 2025.
Looking ahead, the episode emphasizes the market’s resilience and the importance of addressing emerging and uninsured risks. With disciplined management and robust capital, the industry is well-positioned to navigate future uncertainties and foster a healthy insurance and reinsurance landscape for global clients.
Key Takeaways:
- Reinsurers are leveraging strong capital positions and disciplined management to offer clients effective protection against volatility and large losses.
- The industry is innovating to address emerging and uninsured risks, with substantial opportunities in areas like casualty, real estate and data centers.
- Transparent dialogue and differentiation are increasingly important for insurers and reinsurers as they navigate evolving market conditions and client needs.
Experts in this episode:
- Emma Crookes — Insurance Industry Vertical Leader, Aon (Host)
- Dave Nicholson — Global Client Leader for Reinsurance, Aon
Key moments:
(2:15) Two big property insurance trends to look out for: the impact of inflation and tariffs and natural catastrophe losses
(4:00) While there is pressure in the original property insurance market, it's a very healthy time and a great time to be a reinsurance buyer.
(8:55) A recent Aon report highlighted a $5 billion opportunity in emerging casualty risks. This underscores the potential for growth and innovation within the insurance industry.
Additional Resources:
Relevance Through the Market Cycle: 5 Strategic Imperatives for Insurers to Drive Performance
Soundbites:
Dave Nicholson:
“I think the view of Aon is a healthy insurance and a healthy reinsurance market is good for our clients and good for the world because it creates resiliency.”
Dave Nicholson:
“Then we think with the future potential of increased loss costs, it's a great time to add a little bit more limit on the top of your program to ensure that in the event of a large natural catastrophe, that your capital is well protected.”
Financial wellbeing is an increasingly important topic for both employers and employees. A survey of multinational companies by Aon found that 88 percent of employees surveyed experienced financial stress, which has a major impact on resilience, self-esteem and relationships. In this episode of Better Being, our experts — Paul Gordon, Aon’s chief commercial officer for global financial wellbeing, and Fleur Iannazzo, financial wellbeing coach and content creator at Aon — explore how understanding and reshaping financial behaviors can lead to lasting financial security.
Key Takeaways:
- There is a notable disconnect between what employees expect and what employers currently provide in terms of financial education and support.
- Understanding individual financial behaviors is essential for designing effective financial wellbeing programs that resonate with both employees and organizational goals.
- Financial wellbeing issues vary by sector — some industries face talent loss due to financial mismanagement, while others see spikes in cyber fraud during economic downturns.
Experts in this episode:
- Paul Gordon, Chief Commercial Officer for Global Financial Wellbeing, Aon (Host)
- Fleur Iannazzo, Financial Wellbeing Coach and Content Creator, Aon
Key moments:
(3:24) Financial stress is felt across all salary levels and industries.
(5:33) There’s a big mismatch between employee expectations of financial wellbeing support and what employers are providing.
(13:00) Financial wellbeing is coming to the top of everyone’s agenda.
Additional Resources:
2025 Employee Sentiment Study
Soundbites:
Paul Gordon: "So just retaining your best people by helping them understand their attitudes to money and how they can do things differently helps that organization."
Fleur Iannazzo: "When you feel secure financially and resilient financially, it really improves your relationships and your emotional connections to people because of that independence."
In this episode of On Aon, our cyber experts explore the escalating scale and complexity of cyber threats, from AI-driven attacks to systemic third-party risks. Hosted by Nancy Eaves, product leader for Cyber Solutions, and featuring insights from Brent Rieth, global cyber leader, and David Molony, EMEA head of cyber solutions, the conversation explores the evolving regulatory landscape, the strategic use of cyber insurance and the critical role of executive engagement in managing cyber risk.
Key Takeaways:
- Threat actors are using AI to scale attacks like phishing and ransomware, while organizations are deploying AI to improve detection, response and risk quantification.
- Cybersecurity has become a board-level priority, with executives embedding it into enterprise risk management due to its material impact.
- Global regulatory developments are encouraging greater transparency in cyber incident reporting, reducing reputational stigma and enhancing collective defense.
- Despite rising claims, cyber insurance pricing has declined thanks to market maturity, improved risk modeling and diversified underwriting strategies.
Experts in this episode: * Nancy Eaves — Product Leader, Cyber Solutions, Aon (Host) * Brent Rieth — Global Cyber Leader, Cyber Solutions, Aon * David Molony — Head of Cyber Solutions EMEA, Aon
Key moments:
(0:55) The increase in frequency of reported cyber incidents, including AI-driven threats, ransomware and cloud and identity-based intrusions.
(3:50) The reputational impact of cyber incidents on organizations.
(13:30) The factors contributing to the buyer-friendly market for cyber insurance
Additional Resources:
2025 Global Cyber Risk Report
Soundbites:
David Molony: “Ultimately, we are seeing threat actors leveraging generative AI to create highly personalized phishing campaigns and deepfake content, making social engineering more effective.”
Brent Rieth: “I'd add it's important to continue to drive a holistic approach to navigating cyber risk. It's incredibly complex. It can't be managed in isolation by any individual stakeholder.”
The key to ensure employees grow — and stay — at an organization is creating a supportive environment where everyone can flourish. In this episode of Better Being, host Susan Fanning, Aon's Head of Wellbeing Solutions in Asia Pacific, talks to executive coach Tini Fadzillah, contributing author of The Purple Book of Coaching, about how leaders can develop both their task and relational skills to effectively support their teams.
Key Takeaways
- Fostering a team environment that supports everyone contributes to resilience and wellbeing.
- Feedback from employees through surveys and data collection is vital to identify areas that need attention and foster a supportive environment.
- Strong social connections are linked to greater fulfillment and performance.
- Inter-functional collaboration builds trust and psychological safety.
Experts in this episode:
Susan Fanning — Head of Wellbeing Solutions, APAC, Aon
Tini Fadzillah — Executive Coach and Trainer
Key moments:
[09:33] Why organizations should be more like a village and develop a communal approach.
[12:41] Leaders who model wellbeing behaviors contribute to a more engaged and productive workforce.
[15:21] The importance of trust within teams.
Additional Resources
2025 Employee Sentiment Study
Aon Asia Mental Health Index Report
Soundbites:
Tini Fadzillah: "Can I trust you to reveal what's really going on in my heart and my head? Yeah. And trust meaning that you're not going to use it against me."
Tini Fadzillah: "We're better with a few brains working together versus one brain trying to figure everything out."
“On Aon” - Episode 90:
Title: Navigating the Future of Total Rewards
The right Total Rewards strategy is crucial for an organization to reward, recruit and retain talent. In this episode of On Aon, we examine how people leaders are playing a vital role in bridging the gap between employee needs and organizational goals. Our hosts, Heidi Burnett and Stephanie DeLorm, discuss a multi-dimensional approach to decision-making and how AI, while promising greater efficiency, also highlights the importance of human connection and purpose.
Key takeaways:
- The role of Total Rewards leaders has transformed from managing programs to strategically shaping organizational culture, talent strategy and reputation.
- By optimizing AI, organizations can reclaim time to lead and connect with purpose.
- Employers need to make deliberate investment decisions that align with what truly matters to employees.
Experts in this episode:
Heidi Burnett — People Solutions and Impact Leader, Aon People Organization (HR)
Stephanie DeLorm — Global Total Rewards Commercial Leader, Aon
Key Moments:
- [2:55] How the concept of Total Rewards has changed over the years.
- [5:53] Forevery dollar that you're spending on Total Rewards, are you aligning it to what matters most to your people — and your organization?
- [9:50] The four key value drivers of Total Rewards: competitive value, employee value, financial value and strategic value.
- [17:30] The shape of Total Rewards in five years’ time.
Additional Resources:
2025 Employee Sentiment Study
Soundbites:
“The way we look at it, when it's done right, a really well-structured Total Rewards program really drives both for the employer and the employee value so that your workforce is engaged, productive, aligned with your business objectives, and your people are feeling that sort of compelled belief and motivation to show up at work every day.” — Heidi Burnett
“Overall, Total Rewards five years from now will be even more dynamic, more data-driven, more personalized, purpose-led, and tightly aligned to both employee expectations and business priorities.”
— Stephanie DeLorm
As the construction industry navigates emerging risks and evolving opportunities, this episode explores how these dynamics are reshaping insurance and surety strategies worldwide. Hosts Tariq Taherbhai and James MacNeal unpack the latest insights from Aon’s 2025 Global Construction Insurance and Surety Market Report, offering expert perspectives on market trends, regional dynamics and strategic recommendations for navigating today’s complex risk environment.
Key takeaways:
- North America remains the strongest surety market, driven by public infrastructure and inflation-driven growth.
- High-tech manufacturing projects, such as data centers, are a major global growth driver for construction insurance and surety markets.
- APAC markets, especially India and China, are rapidly maturing, with increased use of commercial and construction guarantees.
- Construction companies are advised to start early in the insurance placement process and carefully evaluate contract structures to avoid coverage gaps and delays.
Experts in this episode:
Tariq Taherbhai — Chief Commercial Officer, Construction and Infrastructure, Aon
James MacNeal — Global Industry Specialty Leader, Construction and Infrastructure, Aon
Key Moments:
[1:38] Three key trends driving insurance and surety markets for the construction industry
[2:58] What’s driving construction trends around the world?
[5:17] Technological innovation is at the forefront of everything.
[7:58] How the market is shaping up for construction liability.
[10:09] The global surety market is projected to grow at about 5 percent annually for the next few years
Additional Resources:
2025 Global Construction Insurance and Surety Market Report
Soundbites:
“There seems to be an insatiable build going on in infrastructure, energy, high-tech manufacturing projects – for example, data centers that are just expanding rapidly globally.” — James MacNeal
“Start early. Begin any insurance placement process as early as possible, especially if you have a complex, high-risk project. Underwriting timelines are lengthening due to increased scrutiny and demand.”
— James MacNeal
How is the Life Sciences industry evolving? Aon’s Meaghan Piscitelli and Tanaz Moazami discuss the future of the industry, focusing on the transformative impact of AI and human capital management. They highlight the challenges of talent acquisition and retention and emphasize the importance of digital skills for the future life sciences workforce.
Key Takeaways:
- Life sciences companies face increased competition for talent, particularly in digital roles.
- AI is transforming the sector through medical breakthroughs, improved patient care and operational efficiencies.
- This transformation also presents risks related to data privacy, cyber security and potential misuse of new technologies.
- HR is a critical strategic partner in helping life sciences leaders properly recruit and retain talent, navigate the changes brought by AI and maintain a competitive edge.
Experts in this episode:
- Meaghan Piscitelli, Partner, Global Life Sciences Leader at Aon
- Tanaz Moazami, Human Capital Rewards Solutions Partner, Life Sciences Data at Aon North America
Additional Resources:
- 2025 Life Sciences Outlook: Building Preparedness to Mitigate Risks and Capture Human Capital Opportunities
Soundbites from Guest Tanaz Moazami:
- It's a challenging time in the talent space, and you need to ensure that employee value proposition is articulated. When it comes to your AI strategy, are you building it or are you buying it? What kind of talent are you bringing in? And when you're bringing in the talent, are you looking at your cyber security? Are you looking at your data privacy? What kind of measurements are you putting in place?
- AI is already transforming the sector. So from medical breakthrough and patient care to the analytical efficiencies that can be realized through automation. But automation and process improvement has always been part of life sciences. I don't think that is new. But artificial intelligence is more about creating the efficiencies that comes with getting the product faster to the market.
- HR leaders should look at the impact of artificial intelligence in their own department. Research suggests that 24 % of roles are at risk of significant disruption due to artificial intelligence integration.
- When we look at the industry currently, it lags behind others when it comes to communicating and publishing salary ranges. So to gain a little bit of a ground, organizations should probably start offering training to their management, which probably will lead to more effective conversation about pay and also educating the employees about pay decisions and also career development.
What makes Gen Z different from other generations in the workplace? How can an organization help all generations work their best? And what can senior leaders do to foster trust in a multi-generational workplace? In this episode of the On Aon podcast, Helen Payne and Anna Hislop discuss generational dynamics in the workforce.
Experts in this episode:
Helen Payne, Global Director of Human Sustainability, Aon
Anna Hislop, Leadership Coach and Author, You Only Have to Ask, How to Realize the Full Potential of Gen Z at Work
Key Moments:
[1:37] What makes Gen Z different from other generations in the workforce
[3:36] How senior leaders can build trust in the workplace
[7:19] Other generations in the workforce
[9:06] Examples of companies fostering high-performance across generations
Additional Resources:
2025 Employee Sentiment Study
Anna Hislop, Leadership Coach
You Only Have to Ask, How to Realize the Full Potential of Gen Z at Work
Soundbites:
“Understanding and appreciating what all generations bring to the workplace is key to have a thriving team or a thriving company.” Anna Hislop
“This generation (Gen Z) was shaped by quite an unstable world during their formative years. We had the economic instability during the Great Recession and what that did to their parents and other adults in their life. This is when conversations were had around the table of, I don't want to be just a number or I've dedicated so much time and so many years to this company and now I'm being laid off. There's no loyalty there to be had. So this is what shaped the younger employees and they're really working hard not to make the same mistakes as their older siblings or parents did.” — Anna Hislop
“They're looking for a caring leader and they're looking for a leader who will give them clarity and direction. And they will work hard if they feel that they have the support, they know who cares about them and they know what they are expecting to achieve and do in their role.” — Anna Hislop
How is the food, agribusiness , and beverage industry building resilience amid intense volatility? In this episode of the On Aon podcast, Ciara Jackson and Marinus Van Driel discuss established and emerging risks in the industry, including prices, tariffs, weather, and AI.
Experts in this episode:
Ciara Jackson, Global Food, Agribusiness and Beverage Leader, Enterprise Client Group
Marinus van Driel, Partner, Workforce Transformation Advisory, North America
Additional Resources:
- Better Decisions on Risk Capital and Human Capital for Food Agribusiness and Beverage
- Why Pay Equity Should Be Every Food, Agribusiness and Beverage Leader’s Priority
- Mitigating Volatility and Maximizing Profits: A Guide to Risk Capital in the Food, Agribusiness and Beverage Industry
- Strengthening Human Capital Strategies to Attract Talent in the Food, Agribusiness and Beverage Industry
Soundbites:
“Many organizations are launching AI and data science training programs to equip employees with the skills to work alongside automation rather than being replaced by technology. So we're seeing a lot of human technology interactions coming to the fore and organizations focusing on people enabling that to happen in a good and a seamless way.”— Marinus Van Driel
“Many companies are partnering with universities and even at the high school level with STEM programs to introduce young people into careers in the food, agribusiness and beverage industry. This industry really provides incredible career growth opportunities. And what organizations are doing now is that they're emphasizing career growth for prospective employees whether it be through internships and apprenticeships, all the way through leadership training programs that are provided.” — Marinus Van Driel
How is growing complexity and volatility impacting businesses around the world? And how can data and analytics help leaders make better decisions? On this episode of the On Aon podcast, we hear from Aon’s CEO, Greg Case, and Chief Administrative Officer, Lisa Stevens, about the opportunities for businesses to more effectively address risk and people issues and how Aon is going further, faster to help.
Experts in this episode:
- Greg Case, CEO, Aon
- Lisa Stevens, Chief Administrative Officer, Aon
Additional resources:
2025 Climate and Catastrophe Insight
2024 Client Trends Report
Key Moments:
[1:50] What we heard from clients at our Property & Casualty Symposium
[4:42] Aon’s Better Decisions Lab
[6:33] The interconnected megatrends of Trade, Technology, Weather and Workforce
[9:45] Opportunities for businesses in 2025
Soundbytes:
- Greg Case: “Our clients consistently remark that decision-making is becoming harder. Last year proved to be no exception and 2025 is off to a challenging and fast start…Yet in the face of this volatility, there's also significant opportunity for businesses and society to use data and analytics and innovative solutions to address their risks in new and more impactful ways.”
- Lisa Stevens: “We’ve identified four megatrends that are impacting every aspect of business decision making – Trade, Technology, Weather and Workforce…and the interconnected nature of these trends means that clients need advisors who are able to look at the connection points and provide integrated solutions and responses.”
- Greg Case: “Our clients have really responded to these megatrends, which are driving a level of complexity and volatility that has changed the way they think about risk and people issues.”
- Greg Case: “Our Better Decisions Lab brings together the content, the data, the analytics that we've been working so diligently on for a number of years in response to client need. It was a thrill to sit with our clients as they saw their own data come to life in real time and experience what this data could do for them as they think about the potential impact over time of climate risk on their overall portfolio of assets.”
- Greg Case: “I feel privileged to support our 60,000 colleagues at Aon on our mission to serve our clients and make a difference in the world. We have never been in a better position to help clients address their challenges, which is incredibly gratifying. If you want to see a happy Aon colleague, watch them wow a client – that really makes a massive difference at our firm.”
- Greg Case: “We've created what we believe is very much a first mover advantage. Our 3x3 Plan puts our firm in a position to curate and develop a set of analytics and content that will help us go further, faster and accelerate our Aon United strategy to serve client need.”
Despite risks becoming more interconnected and complex, some middle market companies are providing a model for others to follow. This On Aon podcast episode examines what successful middle market companies are doing in talent, risk management, and technology.
Experts in this episode:
Don Ortegel, Executive Vice President, Aon North America
Douglas Farren, Managing Director of the Ohio State University’s National Center for the Middle Market
Key Moments:
[3:18] Strong performance in the middle market
[5:21] Interconnection between talent, risk, and technology
[7:07] Supply chain disruption is a growing challenge
[8:27] Companies scale their technology investment for success
Additional Resources:
Driving Growth: The Role of People, Risk, and Technology in Middle Market Success
National Center for the Middle Market
NCMM & Aon On-Demand Webinar
Soundbytes:
“We found that companies that not only just pick the hottest or latest and greatest technology, but actually pick the ones that were right for their business and could be scaled appropriately were companies that that really kind of took off.” — Doug Farren
“Most middle market companies tend to scale their technology investments. In other words, they may not have the capital and the resources to just really go big. So they want to start with a technology that makes sense for them, making sure that it's scalable, that it can really help support the growth plans that that company has.” — Doug Farren
“Companies that viewed risk more strategically, that were proactive about managing it, that had tools and other things in place, rather than being reactive and defensive about it, also outperformed their peers.” — Doug Farren
Record-breaking losses are reshaping the property and casualty market, but analytics can help companies better understand and price risk. This On Aon podcast episode examines climate losses, the effects of court cases, and how analytics can help businesses make better decisions.
Experts in this episode:
Joe Peiser, Global CEO of Aon Commercial Risk
Steve Hackenburg, Property and Casualty Leader, Commercial Risk North America
Paul Shedden, Global Head of Risk Capital Analytics
Key Moments:
[2:14] Climate as driver of significant loss activity
[2:44] Effects of tort activity on casualty losses
[5:00] Setting temperature records each year
[7:58] Favorable insurer results and what that means for companies
[9:29] Investing in digital and analytical capability
Additional Resources:
Climate and Catastrophe Insight
Soundbytes:
“Activities such as severe convective storms and wildfires traditionally have been viewed by the underwriting community as secondary perils, but given the frequency and severity of these events, they are now really being viewed as more primary perils by the underwriting community.” — Steve Hackenburg
“What's been less widely reported is that, in fact, every single one of the past 10 years has hit a new record, not consecutively, but each one of those in its own has hit a new record for warmest temperature as set by the World Meteorological Organization. So climate change is happening.” — Paul Shedden
“There’s lots of uncertainty out there and lots of confusion for clients. And that's where we really hope that some of our science and technology and own research can really help.” — Paul Shedden
Healthcare costs are surging, and organizations are under pressure to strike a balance between employee expectations and the financial sustainability of their benefits programs. This special “On Aon” episode examines what’s behind these rising costs and what companies can do to tackle these risks in the new year.
Experts in this episode:
Doug Melton, Leader of Client Analytics for Human Capital
Meghan Rausch, Analytics Solution Development and Commercialization Leader
- [2:05] Defining high-cost claimants
- [3:09] Driving factors and conditions associated with high-cost claimants
- [5:41] Strategies that employers can utilize to mitigate increasing costs
- [9:35] Lessons learned from correct (and incorrect) use of this framework
- [14:56] Enhancing total workforce function in 2025
Additional Resources:
The Global Medical Trend Rates Report 2025
Helping Employers Navigate the Rise in High-Cost Medical Claims
Key Trends in U.S. Benefits for 2024 and Beyond
Tweetables:
“It’s really important that employers have strategies in place to try to get ahead of these increasing costs and plan for them.” — Meghan Rausch
“Employers need to know their future risk, not base their strategy on their historical risk.” — Meghan Rausch
“Employers need to look toward the future as they’re trying to manage some of these risks.” — Meghan Rausch
In this year’s final “On Aon” episode, we take a closer look at one of the four key megatrends impacting organizations around the world: Technology. AI is driving new exposures that leaders need to identify and address. Our experts discuss the human risk in AI and the steps organizations should be taking.
Experts in this episode:
Spencer Lynch, Global Security Consulting Leader, Cyber Solutions
Adam Peckman, Head of Risk Consulting and Cyber Solutions, Asia Pacific
- [1:35] AI’s increasing risk in cyber exposure
- [3:02] Regulatory challenges with AI
- [3:25] The human element of cybersecurity
- [4:50] Strategies for managing increasing risk exposure
Additional Resources:
Evolving Technologies Are Driving Firms to Harness Opportunities and Defend Against Threats
2024 Client Trends Report: Better Decisions in Trade, Technology, Weather and Workforce
On Aon Special Edition: 2024 Business Decision Maker Survey
2024 Business Decision Maker Survey
Special Edition: Global Trade and its Impact on Supply Chain
Tweetables:
- “Gen AI will help businesses productivity and allow employees to be more engaged in stimulative work activities.” — Adam Peckman
- “The human element remains the weakest link in defending against cyber attacks.” — Adam Peckman
- “Risk leaders cannot afford to wait until these new technology initiatives go live before investigating the risk and insurance implications.” — Adam Peckman
In this special “On Aon” episode, we take a closer look at one of the four key client megatrends impacting organizations around the world: Trade. Our experts discuss the global tensions impacting supply chains and the strategic moves companies can make now to manage risk.
Experts in this episode:
Tracy-Lee Kus, CEO, Global Broking Centre
John Minor, National Practice Leader, Structured Credit & Political Risk
- [1:53] Current geopolitical issues and their impact on supply chains
- [4:14] Potential trade restrictions from the incoming Trump administration
- [5:12] The impact on trade of the Middle East and Ukraine conflicts
- [6:10] Risk management intervention options
- [8:20] Climate change presents increasing concerns for supply chain and geopolitical violence
- [8:45] Strategies for proactively managing supply chain risk
Additional Resources:
On Aon Insights: Climate and Supply Chain: Why Supply Chain Security is Crucial for Transportation Companies
Global Peace Index 2024
2024 Client Trends Report: Better Decisions in Trade, Technology, Weather and Workforce
On Aon Special Edition: 2024 Business Decision Maker Survey
On Aon Special Edition: Aon’s 2024 Client Trends Report
2024 Business Decision Maker Survey
The Global Medical Trend Rates Report 2025
Tweetables:
- “Trade is the lifeblood of the global economy.” — John Minor
- “Aon rates more than half of global conflicts have high or medium-high geopolitical conflict risks.” — John Minor
- “Building transparency around your most important suppliers, their geographic location and their dependency on third parties will be really critical as risks continue to evolve.” — John Minor
Aon’s 2025 Global Medical Trend Rates Report analyzes the factors driving medical costs around the world. In this episode, Aon experts discuss the best strategies companies can explore to help mitigate rising costs — now and in the future.
Experts in this episode:
Celine Ng Tong, Global Benefits Consultant
Kathryn Davis, Global Benefits Data and Analytics Leader
- [1:17] In-depth overview of the report findings
- [3:55] Trends in weight management drug costs
- [6:25] Proactive healthcare cost management strategies
Additional Resources:
Aon’s website
The Global Medical Trend Rates Report 2025
Special Edition: Building a Total Rewards Plan for Every Employee
2023 Global Medical Trend Rates Webinar
Tweetables:
- “This is the first time since 2021 that the trend rate has been projected to be lower than the previous year.” — Kathryn Davis
- “What employees are still struggling with, with their health, and what is driving these costs, hasn’t changed in ten years.” — Kathryn Davis
- “Effective wellbeing programs are an excellent option that keep employees healthier and save medical costs.” — Kathryn Davis
In this special “On Aon” episode, we take a closer look at one of the four key client megatrends impacting organizations around the world: the workforce. With new skills gaps emerging and employee preferences shifting, the pressure is on for business leaders to reimagine their rewards programs — including healthcare. Our experts focus on the current state of healthcare affordability, its impact on recruiting and retention, and what companies can do.
Experts in this episode:
Byron Beebe, Global Chief Commercial Officer, Human Capital
Farheen Dam, Health Solutions Leader, North America
- [1:37] Key concerns regarding healthcare costs
- [3:40] Healthcare affordability refers to both the employee and the employer
- [6:07] The impact of healthcare affordability on employee recruiting and retention
- [8:31] Strategies for tackling the challenges of healthcare affordability
- [11:07] The urgency of addressing accessibility issues
Additional Resources:
2024 Client Trends Report: Better Decisions in Trade, Technology, Weather and Workforce
On Aon Special Edition: 2024 Business Decision Maker Survey
On Aon Special Edition: Aon’s 2024 Client Trends Report
2024 Business Decision Maker Survey
The Global Medical Trend Rates Report 2025
Tweetables:
- “We’re still feeling the impact of inflation from after the pandemic.” — Farheen Dam
- “Historically when we use the term affordability, we think about it in terms of individuals.” — Farheen Dam
- “The reality is that total reward budgets are being swallowed up by healthcare just to maintain the status quo.” — Farheen Dam
- “In order to build the most robust and valuable total rewards package they can, employers have to address healthcare spending.” — Farheen Dam
- “In this high trend environment, doing nothing simply isn’t an option for employers.” — Farheen Dam
Burnout is on the rise everywhere. Understanding and managing burnout not only benefits employees but also improves the bottom line. Today’s Better Being episode focuses on the increasing dangers of burnout, warning signs that burnout is building and strategies for preventing – rather than merely coping with – the work stressors that lead to burnout.
Experts in this episode:
Rachel Fellowes, Chief Wellbeing Officer, Aon
Christina Maslach, Professor of Psychology at the University of California, Berkeley
- [3:58] Classification of burnout as a stress response
- [11:00] The danger of viewing burnout as a disease
- [12:28] Three dimensions of the Maslach Burnout Inventory
- [14:58] Symptoms of classic burnout patterns
- [17:21] Six areas of mismatch that result in burnout
- [23:03] Effective strategies for burnout improvement
- [24:18] Distinguishing between coping and prevention
Additional Resources:
Aon’s website
Better Being Series: Are You Taking Care of Your Digital Wellbeing?
Better Being Series Dives into Women’s Health
Rachel Fellowes LinkedIn
Aon’s Workplace Wellbeing
Aon’s 2022-2023 Global Wellbeing Survey
Christina Maslach Resources:
UC Berkeley Psychology Website
UC Berkeley Research
Social Psychology Network
Maslach Burnout Inventory™ (MBI)
The Burnout Challenge
Tweetables:
- “[Burnout] is not a pathology itself, but it's the lack of recovery afterward that really becomes the problem.” — Christina Maslach
- “With burnout, employees are switching from doing their very best to doing the bare minimum.” — Christina Maslach
- “We need to recognize burnout as a phenomenon that can happen in the workplace because of the health consequences it can have.” — Christina Maslach
- “We should not honor increasingly difficult jobs by just coping with it, we should get rid of some of these stressors or make them less frequent.” — Christina Maslach
Supply chains are coming under pressure from major geopolitical events, advancements in AI technology and climate change. In this episode of On Aon, experts discuss the steps transportation and logistics businesses can take to improve their supply chain security.
Featured in this episode:
Chris Bhatt, Chief Commercial Officer, Transportation and Logistics
Chris Law, Senior Vice President, Marine Risk Engineering and Loss Control Practice Leader
Jan Steven Kelder, Specialty Leader, Transportation and Logistics, EMEA
- [2:04] Geopolitical risks in supply chain security
- [6:30] AI and risk management
- [10:20] Preparing for climate risk
Additional Resources:
Aon’s website
Transportation and Logistics Industry Overview
Aon Insights: Transportation and Logistics
Tweetables:
- “Risk management and insurance solutions need to be aligned with changing risks.” — Chris Law
- “A key element of tech resilience to cargo theft and crime is having resilient cybersecurity policies in place, and that starts with the people.” — Chris Law
- “At the end of the day, rerouting of cargo, irrespective of the cost, means you have to assess the security risk of your supply chain.” — Jan Steven Kelder
- “You have to make sure that your risk transfer solutions are always aligned with today’s changing and complex supply chains.”— Jan Steven Kelder
This summer’s CrowdStrike outage highlighted the potential for significant loss in the insurance market and organizations. In this episode, Aon experts weigh in on the impact of the CrowdStrike incident and the cyber and supply chain lessons learned.
Featured in this episode:
Sabba Manyara, Director, Cyber Solutions, Asia
Matt Chmel, Chief Broking Officer, Cyber Solutions Group
Alistair Clarke, Cyber Broking Leader, Global Broking Center
- [1:38] The global significance of the CrowdStrike incident
- [5:58] What CrowdStrike means for the future of cyber risk
- [7:47] Deep dive into the current cyber insurance market
Additional Resources:
Aon’s website
Cyber Resilience Report: Cyber Attacks on Supply Chains Are Causing a Widespread Impact
Overcoming the Reputational Cost of Cyber Attacks: The 10-Day Plan
Responding to the CrowdStrike Outage: Implications for Cyber and Technology Professionals
Responding to the CrowdStrike Outage: Implications for Cyber (Re)Insurance
Client Spotlight: Building a Cyber-Resilient Supply Chain
Tweetables:
- "But no one really expected a provider like CrowdStrike to be impacted by such an incident, or to create such an impact." — Sabba Manyara
- “This was a very complex situation and a very unique situation for each company individually.” — Matt Chmel
- "From insurers, we have heard, in the past, concerns about systemic risk, a widespread event of this magnitude." — Sabba Manyara
- “What was so terrifying about this particular outage was that it came as a result of an update by Crowdstrike, one of the world’s leading network security businesses.” — Alistair Clarke
- “With cyber, the next loss looks nothing like the last one.” — Alistair Clarke
- “I think going into 2025 we’re still going to see a buyer friendly market in terms of the cyber insurance landscape.” — Matt Chmel
How can businesses keep abreast of the evolving cyber risk landscape — especially when it comes to supply chain and regulatory trends? In this week’s episode, Cristina Palomo from Schneider Electric, Aon’s client, discusses new regulations, the changing landscape around cyber risk and how companies can successfully manage a cyber crisis.
Featured in this episode:
Eddie McLaughlin, Global Practice Leader, AGRC, Aon
Cristina Palomo, Cybersecurity Risk & Compliance Director Governance, Schneider Electric
- [1:55] Significant cyber risk landscape changes in recent years
- [3:08] The digital transformation program at Schneider Electric
- [6:26] Determining and mitigating third party risk
- [10:13] Regulatory risk in the face of compliance on a global scale
- [13:53] Reputation risk in Schneider’s cyber risk management program
- [16:12] The potential for managing a cyber crisis event well
Additional Resources:
Aon’s website
2023 Cyber Resilience Report
Overcoming the Reputational Cost of Cyber Attacks: The 10-Day Plan
Schneider Electric Website
Tweetables:
- “The cyber landscape has been continuously evolving, making it increasingly challenging for companies to anticipate and prepare for the diverse range of threats.” — Cristina Palomo
- “When we identify any cyber regulation that affects us and requires compliance, we have a systematic and repetitive approach.” — Cristina Palomo
- “Reputation risk is embedded in every single cyber risk scenario that we assess.” — Cristina Palomo
With record heatwaves, drought, wildfire and other perils, how can the insurance industry protect and fuel innovation in the face of climate challenges?
Featured in this episode:
Petra Schmidt, global industry leader, Enterprise Client Group
Liz Henderson, global head of Climate Risk Advisory
- [1:50] The impact of climate risk on employees
- [2:37] Heat stress is often underrepresented in climate models
- [4:15] Key proactive considerations for employers when handling extreme heat
- [5:50] Tangible strategies for reducing carbon footprint
- [10:41] The value of expert risk transfer support
Additional Resources:
Aon’s website
Special Edition: Preparing Business for Changing Weather
Climate Analytics Unlock Capital to Protect People and Property
2024 Client Trends Report: Better Decisions in Trade, Technology, Weather and Workforce
Tweetables:
- “Any organization that has started to experience extreme weather events and the impact they have on the ability to be resilient in the face of climate change are starting to feel the pain of ignoring the implications of climate on people.” — Liz Henderson
- “Heat is going to impact people before it impacts anything else.” — Liz Henderson
- “Having a tangible, quantifiable transition plan is part of your risk management strategy.” — Liz Henderson
- “Insurance is your ally, and oftentimes it is the key to unlocking investment into your organization.” — Liz Henderson
Chronic diseases caused by a poor diet are responsible for more than 70 percent of all deaths globally, making healthy food choices a critical component of overall health and wellness. What — and how much — you eat is the leading factor for heart disease, stroke, diabetes and certain cancers. Today’s Better Being episode talks about the impact nutrition has on productivity, the steps you can take to improve your health and the importance of making sustainable and healthy diet choices.
Experts in this episode:
Rachel Fellowes, Chief Wellbeing Officer, Aon
Dr. Michael Greger, M.D. FACLM, Founder, President, NutritionFacts.org
- [3:45] Why nutrition is essential in wellbeing
- [4:56] Diet is a combination of what you eat and how you eat it
- [5:41] The direct impact of nutrition on productivity
- [6:40] Key tips for improving health from Dr. Greger
- [7:57] Considerations for obtaining quality food intake
- [8:37] The impact of diet on work productivity
- [10:15] Recent findings from landmark health studies
- [12:48] The importance of sustainable and healthy lifelong choices
The content made available in this podcast is provided for informational purposes. Remember to consult your doctor or other health care provider before beginning a new diet or exercise program.
Additional Resources:
Aon’s website
Better Being Series: Discover the ‘Blue Zones’ Where People Live Longer
Better Being Series: Improving Your Financial Wellbeing
Better Being Series: Are You Taking Care of Your Digital Wellbeing?
Better Being Series Dives into Women’s Health
Rachel Fellowes LinkedIn
Aon’s Workplace Wellbeing
Aon’s 2022-2023 Global Wellbeing Survey
Dr. Michael Greger Resources
- NutritionFacts.org
Tweetables:
- “The number one source of death in the U.S., the UK and the world more broadly is humanity’s diet.” — Dr. Michael Greger
- “Diet is the single most important decision we can make in terms of our health and wellbeing.” — Dr. Michael Greger
- “The good news is that we have tremendous power over our health, destiny and longevity.” — Dr. Michael Greger
- “Real foods that grow out of the ground are our healthiest choices.” — Dr. Michael Greger
- “In terms of productivity and diet, it’s really all about health.” — Dr. Michael Greger
As weather intensifies, leaders increasingly look to climate and weather mitigation strategies. But weather can often take a backseat to other risks of technology, trade, and workforce. This special “On Aon” episode explores a powerful tool for weather risk: parametric insurance.
Experts in this episode:
Laura Wanlass, Partner and Global Head of Corporate Governance Consulting
Liz Henderson, Global Head of Climate Risk Advisory
- [2:29] Key questions linking parametric insurance and the management of weather risk
- [2:41] How does parametric insurance work?
- [4:42] How these policies are becoming increasingly important to businesses
- [6:33] Addressing the protection gaps in the face of increasingly extreme weather with parametric insurance
- [9:53] Steps for the practical application and implementation of parametric insurance
- [12:30] Underscoring the impact of weather on every aspect of business
Additional Resources:
Climate Analytics Unlock Capital to Protect People and Property
2024 Client Trends Report: Better Decisions in Trade, Technology, Weather and Workforce
On Aon Special Edition: 2024 Business Decision Maker Survey
On Aon Special Edition: Aon’s 2024 Client Trends Report
2024 Business Decision Maker Survey
Tweetables:
- “Parametric products have been around for a pretty long time in the insurance space, but there’s still a lack of understanding of how they actually work.” — Liz Henderson
- “There are many sources of volatility related to natural disasters that are not easily identifiable or quantifiable in an indemnity product.” — Liz Henderson
- “Insurance only picks up version portions of most losses, so that gap between what insurance covers and doesn’t cover is the protection gap.” — Liz Henderson
- “Clients have to have an understanding of the risk that they’re actually facing on a holistic basis.” — Liz Henderson
- “It isn’t just about physical property damage anymore. Weather affects all aspects of your business.” — Liz Henderson
Where are the Blue Zones, the areas around the world where communities are continually producing centenarians and demonstrating an exceptional quality of life. And what are they getting right? Today’s Better Being episode considers lifestyles in the Blue Zones, and how leaders can use these characteristics to build a team culture that makes healthy choices. Resulting in the greatest ROI of all: longer life.
Experts in this episode:
Rachel Fellowes, Chief Wellbeing Officer, Aon
Danny Buettner, EVP, Chief Development Officer, Blue Zones
- [3:21] Characteristics of Blue Zones around the world
- [4:48] The fountain of youth is found in the Blue Zones
- [6:54] The common denominators including rituals, behaviors, and habits
- [9:58] Implementing a team culture that makes healthy choices naturally
- [14:16] The unmatched ROI of adding a year to life expectancy
Additional Resources:
Aon’s website
Better Being Series: Improving Your Financial Wellbeing
Better Being Series: Are You Taking Care of Your Digital Wellbeing?
Better Being Series Dives into Women’s Health
Rachel Fellowes LinkedIn
Aon’s Workplace Wellbeing
Aon’s 2022-2023 Global Wellbeing Survey
Danny Buettner Resources:
- Blue Zones Website
- Netflix Documentary: Live to 100: Secrets of the Blue Zones
- NFX: The Business Case for Longevity
Tweetables:
- “These researchers found cultures and environments that produce centenarians at scale, consistently, with a fraction of the disease prevalence.” — Danny Buettner
- “Of the 350 people we studied, not a single one of them pursued health. Not a single one of them pursued longevity, or resilience, or purpose or connection or happiness...it ensued.” — Danny Buettner
- “[These results] were a by-product of where you live and who you pursue life with.” — Danny Buettner
- “There is no greater ROI than adding a year or two of life expectancy to the world.” — Danny Buettner
What does financial wellbeing mean and how can you improve it? In today’s Better Being episode, our experts explore financial wellbeing and offer steps and strategies both employers and colleagues can take in the workplace to improve it.
Featured in this episode:
Rachel Fellowes, chief wellbeing officer, Aon
Bobbi Rebell, CFP, founder and CEO of Financial Wellness Strategies
- [4:38] Defining financial wellbeing as it relates to happiness
- [7:26] Bobbi’s motivation to establish Financially Wellness Strategies
- [9:19] The role of the workplace in cultivating healthy financial wellbeing
- [12:00] Bobbi’s approach to increasing financial literacy in adults
- [16:01] Strategies for supporting better employee financial wellbeing
Additional Resources:
Aon’s website
Better Being Series: Are You Taking Care of Your Digital Wellbeing?
Better Being Series Dives into Women’s Health
Rachel Fellowes LinkedIn
Aon’s Workplace Wellbeing
Aon’s 2022-2023 Global Wellbeing Survey
Bobbi Rebell Resources:
- Newsletter
- Books
- Website
Tweetables:
- “The workplace creates both a challenge and a huge opportunity to have financial wellness conversations.” — Bobbi Rebell
- “It is important for employers to understand that to get the best out of their workforce, [financial conversations] make a lot of business sense.” — Bobbi Rebell
- “The workforce is where we can really make an impact, not only for employees but companies benefit from this as well.” — Bobbi Rebell
- “Structured programs with accountability can be very effective [in supporting financial wellbeing].” — Bobbi Rebell
Business leaders around the world face growing complexity and volatility. Aon’s new Better Decision Maker Survey gathered insights from over 800 C-suite and business executives in North America, UK and Europe about four Megatrends across Trade, Technology, Weather and Workforce that are impacting businesses. Aon’s Global CEO of Commercial Risk Solutions, Joe Peiser, hosts a discussion about the insights derived from the survey with Aon experts Richard Waterer, global risk consulting leader; Spencer Lynch, global security consulting leader; Liz Henderson, global head of Climate Risk Advisory; and Lisa Patel, head of health and talent for EMEA.
- [0:33] Four megatrends shaping the future of business
- [2:27] Risks linked to trade are among leader’s top concerns
- [4:09] Concerns over new and evolving technology risks
- [5:44] Insights into the impact of extreme weather and changing climate
- [7:40] Balancing workforce costs with a compelling employee experience
Additional Resources:
Aon’s website
2024 Business Decision Maker Survey
Special Edition: Aon’s 2024 Client Trends Report
Aon’s 2024 Client Trends Report
Tweetables:
- “Businesses are more connected than ever before, and they have a greater dependence on third parties.” — Richard Waterer
- “The good news that we see from the survey is that business decision makers recognize the importance of assessing not just the potential positive impacts of embracing change, but also understanding the risk that they’re going to face.” — Spencer Lynch
- “There’s a lot of opportunities for our clients to lean into really understanding how weather risk manifests itself throughout their business.” — Liz Henderson
- “The key to all of this is how to make decisions, it will be using data to make the right decisions.” — Lisa Patel
Clients are always looking for new protection solutions in a changing marketplace. Alternative risk transfer (ART) offers alternative solutions that can help them manage risk and access capital more effectively. Host and Head of Strategy & Program Management Office, Commercial Risk EMEA and London GBC, Natalia Svirshchevsky, is joined by Rob Kemp, strategic broking director, EMEA, and Guy Malyon, strategic broking director, EMEA, for a look at the ins and outs of ART.
- [1:30] The impact of ART on conversations with clients
- [3:50] Evolution of market conditions in the casualty space
- [4:56] The value of ART solutions in the changing marketplace
- [9:12] Clients that are typically bringing more ART to their portfolio
- [11:08] Benefits of parametrics for clients and the wider market
Additional Resources:
Aon’s website
Capabiliity Overview of Risk Transfer
Risk Financing
Tweetables:
- “The market is definitely transitioning and improving and it’s provoking conversations around different ways of managing risk and volatility.” — Rob Kemp
- “Those companies with U.S. or high hazard industries are still seeing increases, still seeing compression in terms and conditions, in particular capacity, and we don’t see that changing too much this year.” — Guy Malyon
- “We’re trying to make sure that all of that risk capital is brought to our clients to give them flexibility in what has been a challenging marketplace, but more importantly, set them up for years to come so they become more resilient to the marketplace and flexibility and changes within it.” — Rob Kemp
- “I haven’t yet found a line of business that wouldn’t be applicable to ART.” — Guy Malyon
In today’s fast paced world, employees and employers alike are struggling to balance between being productive while also staying healthy. In today’s Better Being episode, host and Aon’s Chief Wellbeing Officer, Rachel Fellowes, is joined by Amy Blankson, Co-founder & Chief Evangelist at Digital Wellness Institute, for a conversation about digital wellbeing in the modern workplace and how to maintain a healthy tech-life balance.
- [3:11] Defining digital wellbeing and why Amy decided to set up the Digital Wellness Institute
- [5:10] Insights on the impact of hybrid working on digital wellbeing after COVID-19
- [6:53] The challenges of hyper-responsible tech use in high performing adults
- [7:54] Maximizing a digital balance to maximize productivity and satisfaction in the workforce
- [11:01] Sources of burnout and the importance of setting digital boundaries
Additional Resources:
Aon’s website
Better Being Series Dives into Women’s Health
Rachel Fellowes LinkedIn
Aon’s Workplace Wellbeing
Aon’s 2022-2023 Global Wellbeing Survey
Amy Blankson Resources:
- LinkedIn profile
- Website
- Digital Wellness Institute website
- Digital Wellness Day
Tweetables:
- “Digital wellbeing is the opportunity that we have to maximize the benefits of technology while mitigating the harms that come along with it.” — Amy Blankson
- “83 percent of employees are now turning to employers looking for help navigating tech-life balance.” — Amy Blankson
- “It’s very hard to step off the treadmill when the entire world is on it together.” — Amy Blankson
- “As technology continues to advance, it becomes even more important that we as adults develop a sense of digital balance.” — Amy Blankson
- “It’s not just that you’ve been sitting at a desk all day. It’s that your brain is trying to manage so many things at once, and that can be exhausting.” — Amy Blankson
- “We have the capacity as adults and leaders to make some very small micro changes in our lives that will help us move to a state of flourishing.” — Amy Blankson
Aon studies show that 83 percent of companies now have a wellbeing strategy in place and prioritize employee health. In today’s Better Being episode, host and Aon’s Chief Wellbeing Officer, Rachel Fellowes, is joined by Orthopedic Sports Surgeon and Founder and CEO of Precision Longevity, Dr. Vonda Wright, MD, MS, for a discussion on women’s health – specifically, menopause. They explore the importance of bringing both men and women into the conversation about the impact of menopause on a woman’s physical and mental health as well as careers.
- [3:35] Insights into the effects of menopause on mental and physical health and careers
- [10:18] Statistics about the workforce impact of menopause and perimenopause
- [11:15] Leading research on improved menopausal health
- [17:06] Strategies to include healthy patterns in the workplace
- [20:14] Incorporating innovative health initiatives into a company's wellbeing agenda
Additional Resources:
Aon’s website
Rachel Fellowes LinkedIn
Aon’s Workplace Wellbeing
Aon’s 2022-2023 Global Wellbeing Survey
Dr. Vonda Wright Resources:
- Website
- LinkedIn Profile
- HOT For Your Health Podcast
Tweetables:
- “We’re not only talking about the physical health of a woman. We’re talking about the mental health of a woman, and we’re also talking about the career of a woman.” — Dr. Vonda Wright
- “Our charge is not only to understand this but to provide a way for women in their peak to thrive.” — Dr. Vonda Wright
- “This is not a woman’s conversation. This is a population conversation.” — Dr. Vonda Wright
- “Great businesses will be interested in the health of their employees.” — Dr. Vonda Wright
- “Fertility is not the only part of a woman’s health that needs supporting.” — Dr. Vonda Wright
- “Reinvesting profits into this critical portion of our workforce is not only the right thing to do from a human standpoint, it’s a good business use case.” — Dr. Vonda Wright
Businesses today face unprecedented volatility and complexity driven by profound transitions – or megatrends – across Trade, Technology, Weather and Workforce. In this episode, Aon President Eric Andersen speaks with Aon’s Lambros Lambrou, CEO of Human Capital, and Andy Marcell, CEO of Risk Capital, about the megatrends highlighted in Aon’s 2024 Client Trends Report and opportunities for business leaders to take action on interconnected risk and people issues.
- [0:33] Four megatrends that are shaping business decision making
- [1:45] Trade and technology insights from Aon’s 2024 Client Trends Report
- [2:44] Changing weather and workforce trends from the report
- [3:51] How clients are addressing trends through a Risk Capital and Human Capital lens
- [5:30] Aon’s approach to accelerating solutions for clients
Additional Resources:
Aon’s website
Aon’s 2024 Client Trends Report
Aon Unveils Client Trends Report Highlighting Interconnected Risk And People Issues
Aon’s 2023/2024 Global Risk Management Survey
Special Edition: Aon CEO Greg Case on 2024 and Evolving to Serve Clients
Tweetables:
- “More important is the interconnectivity of industry around the world and how we navigate that on behalf of our clients.” — Andy Marcell
- “Employers have started addressing wellbeing very differently.” — Lambros Lambrou
- “Seeing ‘attracting and retaining talent’ rise to the number four global risk that companies face was extremely telling in how our thinking has evolved on traditional risk topics.”— Lambros Lambrou
- “We’re actively addressing people risk with our clients in a much more connected way across our integrated Human Capital and Risk Capital capabilities.” — Lambros Lambrou
- “It is very apparent the C-suite decision making will need to be informed by both risk and human analytics as we look to protect their people and grow their businesses.” — Andy Marcell
Increasing regulations, cyber attacks and AI persist as a constantly evolving landscape that companies must approach proactively. Host and Chief Broking Officer, Aon’s Cyber Solutions Team, Matt Chmel, sits down with Karrieann Couture, cyber and E&O claims leader, Aon’s Cyber Solutions Team, for a discussion about the evolving cyber exposures and the regulatory landscape.
- [1:40] An overview of the evolving regulatory environment
- [4:20] Proactive governance and procedures to increase protection
- [7:17] The impact of AI and machine learning on underwriting
- [11:39] Key takeaways for regulatory actions
Additional Resources:
Aon’s website
U.S. Cyber Insurance: Market Trends and Opportunities
Aon Cyber Security & Risk Solutions
Aon Cyber Resilience Capability Overview
Tweetables:
- “We can see the significant impact that cyber attacks have on public companies, whether it’s their operations, finances, or their reputation.” — Karrieann Couture
- “Allegations around utilizing information without having permission are in early stages, and it will be very interesting to see how the law plays out there.” — Karrieann Couture
- “Cyber risk is changing as technology is changing, and we have to stay on top of it.” — Karrieann Couture
The construction industry is adapting to a variety of stresses and pressures and working to increase resilience and sustainability in a changing climate. Host and Aon’s Chief Commercial Officer of Global Construction and Infrastructure, Tariq Taherbhai, is joined by Aon’s Global Industry Specialty Leader, Construction and Infrastructure, James MacNeal, to discuss today's global construction industry.
- [2:02] A high-level overview of today’s global construction industry
- [4:22] Key renewable energy and energy transition construction projects
- [7:46] Addressing inflation, workforce shortages and geopolitical factors
- [10:55] Diversification of risk capital as an essential component in construction projects
- [14:30] The role of the risk capital market in addressing client needs
Note: This episode was recorded on March 21st. The Baltimore Bridge incident is not included in the discussion.
Additional Resources:
Aon’s website
Aon’s Global Risk Management Survey
Aon’s Global Construction and Infrastructure
Inflation Reduction Act of 2022
Chips and Science Act of 2022
Infrastructure Investment and Jobs Act of 2021
Tweetables:
- “Crucially, [clients] are now asking the question, ‘What else do I need to do in the design construction operation of this asset to make it more resilient in the face of this changing climate?’.” — James MacNeal
- “The failure to attract and retain talent and workforce shortages are featured in the top six concerns of our industry clients.” — James MacNeal
- “It’s really important that construction clients and their brokers increasingly explore other options for risk transfer. You can’t just rely on the traditional construction market anymore.” — James MacNeal
Around the world, governments are introducing regulations to ensure fair payment for every employee. But the transition from basic regulatory compliance to sustainable pay transparency solutions remains a challenge. Host and Aon’s Head of Talent Solutions, North America, Brooke Green, welcomes Aon’s Head of Rewards and Career Advisory, North America, Kelly Voss, for a conversation about advancing pay equity and transparency.
- [2:42] Terms and concepts surrounding pay transparency
- [4:52] Historical events that shaped pay expectations
- [9:37] Transitioning from compliance to a culture of transparency
- [11:12] Three prongs of an effective pay transparency culture
- [14:35] First steps to lasting change
Additional Resources:
Aon’s website
Pay Transparency Consulting
Pay Equity Consulting
Understanding and Preparing for the Rise in Pay Transparency
Five Big Human Resources Trends to Watch in 2024
Webinar: The Five Top HR Trends to Watch for in 2024
Mastering Pay Transparency to Bridge the Gender Wage Divide
Tweetables:
- “This is not about compliance. It’s about the workforce and who our workforce and future is, and it’s about talent.” — Kelly Voss
- “As an organization, decide which of these foundational pieces you’re going to start with because there isn’t one right answer for every organization.” — Kelly Voss
- “If you start to think about this and plan accordingly, we’ll all be in good shape. It’s just a matter of taking that first step.” — Kelly Voss
Resilience and growth are dependent on business leaders taking action to respond to pressing global challenges and opportunities. In this episode, Aon’s Laura Wanlass, partner, Human Capital Solutions, is joined by Leslie Follmer, head of Investor Relations and ESG, for a look at Aon’s 2023 Impact Report.
- [1:40] What ESG means to Aon’s 3x3 Plan
- [3:42] Three key takeaways from this year’s report
- [5:31] Insights into Aon’s Sustainability Network
- [6:24] Examples of environmental sustainability grants
Additional Resources:
Aon’s website
Aon's 2023 Impact Report
Insurance Insider: Aon’s 3x3 plan positions firm to deliver a 'big set of answers' to clients
On Aon Insights: What Does ‘ESG’ Really Mean?
Ep 49: On Aon's ESG Impact with Leslie Follmer
Aon’s 2022 ESG Impact Report
Special Edition: Aon CEO Greg Case on 2024 and Evolving to Serve Clients
Tweetables:
- “When you think about what’s in ESG, those risks match right up against risk capital and human capital.” — Leslie Follmer
- “We really do have core capabilities here to help our clients think about ESG risks in ways that help them make better decisions.” — Leslie Follmer
- “Aon colleagues are joining together with the support of these environmental sustainability grants to drive local impact on environmental causes.” — Leslie Follmer
Navigating the broad landscape of climate-related investment risks and opportunities has never been more critical. For a discussion on decarbonization, responsible investing and tactics for greater resilience, host and Aon’s Partner, Non-Profit Solutions Leader, Chair of U.S. Investment Committee, Heather Myers, welcomes Daniel Ingram, partner, head of Responsible Investment, North America, and Tim Manuel, partner, head of Responsible Investment, UK.
- [1:44] Key questions that define the meaning of decarbonizing for investors
- [5:40] Identifying the motivation behind the steps needed in decarbonizing efforts
- [10:54] Various investor approaches to decarbonizing
- [15:37] Action and integration flow from the motivational belief that change is possible
- [19:22] First steps to building a climate-resilient investment portfolio
Additional Resources:
Aon’s website
How is Climate Change Affecting the Investment Landscape?
Aon’s Environmental Social and Governance (ESG) Manager Ratings: 3 Questions with Daniel Ingram
Impact Investing is Hard: Here’s How to do it Well
Responsible Investing
Aon’s Impact Report
Tweetables:
- “As a globally diversified investor, your portfolio will look like, to some degree, the global economy.” — Tim Manuel
- “For investors that want to maintain diversification, their own decarbonization goals and whether they will meet those goals, are inextricably linked to the decarbonization process in the wider economy.” — Tim Manuel
- “Investors can’t decarbonize in a vacuum.” — Tim Manuel
- “Investors really need some help determining what, if anything, decarbonizing means for them, what actions they might want to take, if any, and why.” — Daniel Ingram
- “Trying to understand what’s motivating your investors is really part of determining what decarbonizing means for you.” — Daniel Ingram
- “No one person is going to solve climate change. It requires everyone to do their part globally.” — Daniel Ingram
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Aon’s 2024 Climate and Catastrophe Insight Report analyzes the financial and human impacts of last year’s weather and natural disasters. Host and Aon’s Chief Marketing Officer, Reinsurance Solutions, Alexandra Lewis, invites Michal Lörinc, head of Catastrophe Insight, to share his knowledge on 2023’s natural catastrophes and the strategies needed to support those impacted.
- [1:02] Statistics on the impacts of 2023 damage compared to previous years
- [4:17] A definition and explanation of the increasing protection gap
- [9:21] Recommendations for resilience tactics in response to catastrophic weather trends
- [10:10] Practical measurements to mitigate rising perils such as heatwaves
- [12:31] Key findings of Aon’s 2024 Climate and Catastrophe Insight
Additional Resources:
Aon’s website
Aon’s 2024 Climate and Catastrophe Insight
On Aon Episode 47: On Aon's Insights on Navigating and Preparing for Catastrophes with Michal Lörinc and Dominic Probyn
Tweetables:
- “I’ve talked about financial drivers of disasters, but we can’t forget about the human impact.” — Michal Lörinc
- “Considering human fatalities, 2023 was the deadliest since 2010.” — Michal Lörinc
- “The main reason that losses are increasing over time is the growth of exposure in population growth in vulnerable areas.” — Michal Lörinc
In this special episode of the “On Aon” podcast, host Andy Weitz, Aon’s Chief Marketing Officer, welcomes Aon CEO Greg Case for a conversation about what 2024 holds for our colleagues and clients. They also discuss insights into the critical themes of Risk Capital and Human Capital and how Aon’s 3x3 Plan will drive the firm’s commitment to go further, faster over the next three years.
- [1:44] Megatrends in 2024 across trade, technology, weather and workforce
- [6:36] Further evolving as firm to serve client need
- [9:12] Aon’s 3x3 Plan to go further, faster on the firm’s Aon United strategy
- [11:55] Investing in Aon Business Services to drive greater relevance with clients
- [16:31] Developing new products to help better serve clients
- [18:45] Serving the middle market with more capability
Additional Resources:
Aon’s website
Aon Further Accelerates Aon United Strategy
Insurance Insider: Aon’s 3x3 plan positions firm to deliver a 'big set of answers' to clients
Insurance Insider: Taking Aon and making it... even more Aon
Insurance Insider: Aon United acceleration project ‘fundamentally different’ to earlier efforts
Aon’s Property Risk Analyzer
Aon To Acquire NFP, A Leading Middle-Market Provider Of Risk, Benefits, Wealth And Retirement Plan Advisory Solutions
Aon’s Cyber Quotient (CyQu) Evaluation
Aon Expands Climate Risk Advisory Across Risk Capital To Serve Clients With More Integrated Solutions
Aon Insights: Delivering an Integrated Business and People Strategy for the Future of Insurance
On Aon Episode 48: On Aon's Game Plan for Switching from Defense to Offense in Managing Risk with Greg Case
Tweetables:
- “No question our world is more volatile in every respect and that volatility is driven by a series of transitions across trade, technology, weather and workforce…which have changed the stakes in the battle for relevant with clients.” - Greg Case
- “Clients are looking for a set of trusted advisors who can help them rethink how they take a more holistic view towards Risk Capital...They also want an advisor who can deliver integrated solutions that consider the connection between traditional health & benefits, employee retirement planning and broad-based talent strategies – it's really one issue, it’s how you optimize your Human Capital.“ - Greg Case
- “For Aon, this means creating innovative new solutions that address these emerging risk and people challenges, accelerating the use of predictive analytics to deliver new insights and unlock access to new forms of capital and focusing on the growing demand for integrated solutions that tackle risk and people challenges together.” - Greg Case
- “Our Aon United strategy has helped us keep pace with [client] expectations, but the reality is we need to go further, faster – which is the rationale for the 3x3 Plan we rolled out last year.” - Greg Case
- “Bringing together Reinsurance and Commercial Risk data and analytics we are creating a new suite of tools, starting with our Property Risk Analyzer, that deliver insights to clients in real time related to their risk profile, which will allow them to better interact with markets, assess their position and take action.” - Greg Case
- “When we look at the opportunity with NFP, it’s not about building something bigger – it's about building something better.” - Greg Case
- “The investment in Aon Business Services through our 3x3 Plan is helping our firm realize the opportunity to innovate on behalf of clients to create very specific product offerings for the middle market.” - Greg Case
- “If you think about one of our future colleagues at NFP, they will have the chance to do exactly what they’re doing today, but with more capability to bring to their clients.” - Greg Case
The 2023 Aon Global Risk Management Survey (GRMS) asked nearly 3,000 business leaders around the world about their approach toward risk, as well as the steps they are taking to manage them. Host and Aon’s Chief Executive Officer, Commercial Risk, Joe Peiser, welcomes Lambros Lambrou, chief executive officer, Human Capital, for a discussion on the survey results and the rising risk of human capital, climate, cyber risk and AI.
- [:21] Characteristics, key topics and demographics of the GRMS
- [1:09] Challenges around attracting and retaining talent
- [4:04] Quantifying the risks of attracting and retaining talent
- [6:20] The impacts of climate as a key consideration in risk mitigation plans
- [8:35] Insights into the severity of cyber threats to an organization
- [10:12] Current and future risks and concerns of AI
Additional Resources:
Aon’s website
Aon’s Global Risk Management Survey
Fortune: AI was not even in the top 20 business risks in a ‘shocking’ survey of nearly 3,000 corporate leaders
Inside P&C: Cyber risk, BI remain top risks for carriers: Aon
Tweetables:
- “These results provide key insights into the business leader’s mind and the steps they are taking to manage them.” — Joe Peiser
- “Human capital issues are no longer just a people problem.” — Joe Peiser
- “Human capital issues are a key business risk that can hamper innovation and business development.” — Lambros Lambrou
- “Most CEOs now have talent strategies as one of their top priorities today.” — Lambros Lambrou
- “We expect human capital to increase in ranking in future surveys.” — Lambros Lambrou
- “More than ever, there is greater awareness around the connectivity between an organization’s risk and people strategy and the implications that they can impact business performance.” — Lambros Lambrou
- “There is still a significant gap between risk awareness and risk preparedness.” — Lambros Lambrou
The renewables industry is an evolving and dynamic sector — and the insurance sector plays a key role in mitigating risk and unlocking capital. Host and Aon’s Global Head of Climate Strategy, Richard Dudley, is joined by Global Head Renewable Energy, Guido Benz, and Renewable Energy Leader, EMEA, Mark Potter, for a discussion on the forces shaping the renewables industry.
- [3:41] Advice for starting a career in the reinsurance industry
- [4:56] Key challenges when investing in renewables
- [10:21] What the next big trend in regulation is
- [13:05] Which sectors are succeeding
- [16:17] What’s next for the industry
- [20:31] Aon’s efforts to drive growth and development in renewables
Additional Resources:
Aon’s website
With an Industry Focus, ESG Risks and Opportunities Can Vary Greatly
Building a Resilient Workforce That Steers Organizational Success | An Outlook Across Industries
Cutting Supply Chains: How to Achieve More Reward with Less Risk
Reducing Finance Risks in a Fast-Moving Wind Energy Market
Tweetables:
- “All of these aspects drive volatility and create challenges to the sector as well as opportunities.” — Guido Benz
- “We’re at a transition point where that needs to be reassessed again… to make sure that we meet the goals that we’re setting for ourselves.” — Mark Potter
- “There’s a lot of things to factor in for developers and a lot of types of risk and exposures that they’re managing.” — Mark Potter
- “Government bodies have a key role to play to really help facilitate this transition.” — Guido Benz
- “The business case around renewables is still very, very strong.” — Mark Potter
The sharp rise in interest in weight loss medications presents both solutions and challenges for leaders in the healthcare space. Host and Aon’s Senior Vice President, National Pharmacy Practice Leader, Tracy Spencer, is joined by Michael Manolakis, Aon’s senior vice president, clinical innovation leader, National Pharmacy Practice, for a look at the current and future state of pharmacy challenges faced by plan sponsors in relation to the treatments, known as GLP-1s.
- [2:10] Distinguishing characteristics and challenges of GLP-1s
- [7:18] Balancing the fairness of coverage with the inappropriate utilization of drugs
- [11:30] Quality control and safety concerns in light of demands
- [18:05] ROI considerations for long term investment gains
- [19:26] Holistic fairness and equity of coverage in these patient support elements
- [26:15] A high level summary of considerations for employers
Additional Resources:
Aon’s website
Aon’s Pharmacy Solutions LinkedIn
Aon’s Pharmacy Benefit Consulting
Aon’s Rx Coalition
Tweetables:
- “Employers, over the course of last year, have been wrestling with and raising some very challenging questions about how to manage these drugs.” — Michael Manolakis
- “The impact of unofficial celebrity endorsements via social media has been astonishing.” — Michael Manolakis
- “These are really challenging questions here about how we treat obesity and how we think about obesity in comparison to other disease states.” — Michael Manolakis
- “Employers need to be thinking about cost, the prevalence of the condition, and fairness from a cost management perspective.” — Michael Manolakis
While climate risk is an ongoing concern for organizations and individuals, the impact of biodiversity is often missing from the conversation. In this episode, host and chief marketing officer, Reinsurance Solutions, Alexandra Lewis, is joined by UK Investment Partner at Aon, Jennifer O’Neill, for insights into the critical role that biodiversity plays in planning for the future.
- [1:02] The critical role of biodiversity in planning for the future
- [2:35] Institutional investment as a key strategy to protect biodiversity
- [3:35] Complexities presented in measuring the success of investments
- [5:00] An action list for institutions to prioritize biodiversity in investment
- [6:05] A recap of biodiversity, climate and institutional investments
Additional Resources:
Aon’s website
Tackling Climate Change by Investing in Biodiversity
Climate Change and the Threat to Water Security
A Guide to Preparing for Greater Climate Disclosure in 2023
Using Parametric Insurance to Match Capital to Climate Risk
On Aon Insights Season 2, Episode 1: What Does “ESG” Really Mean?
On Aon Insights Season 2, Episode 2: Climate Science Through Academic Collaboration
On Aon Insights Season 2, Episode 3: Climate and Supply Chain
On Aon Insights Season 2, Episode 4: The Role of Insurance in Climate Plans
Tweetables:
- “Thinking about ways that capital allocation decisions and decisions about where to invest and specifically what to invest in, and really understanding how that then has an impact, both from a climate perspective and also from a biodiversity perspective is really key.” — Jennifer O’Neill
- “Investors need to be thinking about this now so that they’re not left behind.” — Jennifer O’Neill
- “We are really talking at a pivotal time for making decisions today rather than deferring those decisions for the future and looking to park those until such time as we have perfect data.” — Jennifer O’Neill
- “It's important that investors really think about this now and begin to understand not only what they can do, but also what their current position is so that they can determine what actions might look like for them.” — Jennifer O’Neill
Companies around the world are already seeing the benefits of increasing their focus on mental health and wellbeing in the workplace. But macro-level momentum surrounding wellbeing still has a long way to go. In the sixth episode of our Better Being series, host and Aon’s Chief Wellbeing Officer, Rachel Fellowes, is joined by Managing Director of the World Wellbeing Movement, Sarah Cunningham, to discuss why it’s so important that wellbeing strategies and company culture need to align, the wellbeing workplace paradox and the work of the World Wellbeing Movement.
- [6:55] The purpose and vision of the World Wellbeing Movement
- [11:44] The importance of measuring four key dimensions of employee wellbeing
- [16:12] Combating the workplace wellbeing paradox
- [21:28] Evidence that wellbeing has a positive impact on company performance
- [25:46] Increasing the momentum surrounding wellbeing
- [30:55] The potential future impact of the World Wellbeing Movement
Additional Resources:
Aon’s website
Aon’s 2022-2023 Global Wellbeing Survey
On Aon’s Better Being Series - Part 3: Measuring Wellbeing with Rachel Fellowes and Nic Marks
Sarah Cunningham’s LinkedIn
Working on Wellbeing Podcast
World Wellbeing Movement
World Wellbeing Movement on LinkedIn
Tweetables:
- “I observed over a 25-year career that the world of work was becoming a more stressful place at a macro-level.” — Sarah Cunningham
- “If I could make one single change tomorrow, it would be that employers measure not only how employees are feeling using comparable science-based metrics but also measure why people feel the way they do.” — Sarah Cunningham
- “You cannot treat wellbeing in isolation. Your wellbeing benefits have to be aligned with your company culture.” — Sarah Cunningham
The changing climate creates both significant risks and exciting opportunities for Aon clients. In this special edition of On Aon, Aon President Eric Andersen joins host and Aon’s Global Head of Policy and Public Affairs, Bridget Gainer, to discuss the opportunities for progress at the COP28 Conference and how Aon is helping clients mitigate climate risk.
- [2:08] Two major areas of climate risks and opportunities for clients
- [4:45] Motivators behind developing risk capital innovation at Aon
- [5:21] Aon’s strategy for employing technology while addressing climate
- [7:15] Key differences of today’s risks from past challenges
- [15:08] Strategies for supporting clients in transition
- [16:42] Aon’s vision of success following COP28
Additional Resources:
Aon’s website
About COP28 Conference
Aon At COP28: What To Expect
Aon: Climate Change and Sustainability
On Aon Insights: The Role of Insurance in Climate Plans
On Aon Insights: Climate and Supply Chain
Tweetables:
- “The innovation that is happening within our own industry is pretty significant and is really going to put our own clients in a better position.” — Eric Andersen
- “We first have to start with the resilience aspect and protect against the physical risk change.” — Eric Andersen
- “We need to build confidence in our industry and the role that we can play in dealing with the resilience issues of today.” — Eric Andersen
Insurance plays an integral role in creating climate resilience and while new technologies may be critical for the future, they may represent new risks. Advanced planning for the likelihood of natural disasters and other events can help organizations weather the storms. In this episode, host and chief marketing officer, Reinsurance Solutions, Alexandra Lewis, is joined by North America leader for Aon’s Climate team, Natalia Moudrak, for insights into the role of insurance in creating climate resilience.
- [1:01] How insurance plays a critical role in addressing the challenges of climate
- [2:09] The role of Aon’s Energy Transition Group
- [2:50] Strategies to prepare for developing technologies
- [4:28] Why reducing carbon dioxide emissions is an important tool that must be used with caution
- [6:42] Tactics to help organizations better prepare for future climate risks
- [8:10] A recap of climate risk, insurance, and resilience
Additional Resources:
Decarbonizing Your Business: Finding the Right Insurance and Strategy
Making Better Decisions on the Journey to Net-Zero
Catastrophes and Coverage: What 2022 Can Teach Us About Climate Risk
On Aon Insights Season 2, Episode 1: What Does “ESG” Really Mean?
On Aon Insights Season 2, Episode 2: Climate Science Through Academic Collaboration
On Aon Insights Season 2, Episode 3: Climate and Supply Chain
Aon’s website
Tweetables:
- “The toll from natural disasters is not just economical, it's social and environmental. The insurance industry is on the forefront of this challenge and has been for decades.” — Natalia Moudrak
- “It is so important to think of ways where we can combine risk engineering and finance acumen and also work collaboratively across public and private sectors to optimize risk transfer and project financing solutions.” — Natalia Moudrak
- “For companies to grow and scale and to attract the financing to do so, it's so important to understand and to convey to potential investors the dollars and cents value of their IP assets.” — Natalia Moudrak
- “It's important to recognize that climate change is real, it's happening and it's not going to go away as a function of time.” — Natalia Moudrak
- “To limit the negative impacts of climate change, clients need to think about what they can do today to better prepare and withstand the impacts of extreme weather events.” — Natalia Moudrak
HR leaders are considering how new and emerging capabilities, like AI, will transform benefits, personalization, and access to care and treatment. Host and Aon’s Senior Vice President, Healthcare Industry Vertical, Sheena Singh, is joined by Aon’s Global Analytics and Actuarial Leader, Health Solutions, Doug Melton, for a discussion on the impact of technology on the future of health and benefits.
- [1:44] Three facets of Doug’s passion for optimizing employee health
- [3:28] Defining new technologies and their impact on healthcare
- [6:48] Key differences between new technology and traditional analytic approaches
- [8:53] The value of healthcare technology advancements for employers
- [11:50] Aon’s collaborative strategies for utilizing these technologies to support clients
- [13:51] Ensuring data security while maximizing technology benefits
Additional Resources:
Aon’s website
How Technology Will Transform Employee Benefits in the Next Five Years
How Data and Analytics Can Optimize HR Programs
Four Ways to Increase the ROI of Your Benefits Strategy With Technology
Tweetables:
- “The new technologies matter for the employer because they should make the employee experience better.” — Doug Melton
- “Aon is helping our clients' employees with innovative solutions depending on what their needs are.” — Doug Melton
- “We’re tackling this new learning together and applying it to other clients who have the same situation.” — Doug Melton
- “[Data security] is a top priority and area of focus for us at all times.” — Doug Melton
Climate is a major risk amplifier for supply chains and building resilience into the supply chain should be a priority now and in the future. On this episode of the On Aon Insights podcast, host and Aon’s Chief Marketing Officer, Reinsurance Solutions, Alexandra Lewis, is joined by Aon’s Global Head of Climate Risk Consulting, William Bruce. They discuss how supply chains and climate risk are increasingly linked together and what strategies can be used to make supply chains more resilient in the face of climate risk.
- [1:00] The intersection of climate risk and supply chains
- [2:39] The need for organization changes when considering climate risk
- [3:55] Why resilience is key to success in all aspects of the supply chain
- [5:33] Steps to identify and increase supply chain resilience
- [6:15] Strengthen supply chains by including climate as a key factor
- [6:54] A recap of climate risk and supply chain strategies
Additional Resources:
El Niño and the Storm Brewing in Supply Chains
The Climate Crisis is Driving Supply Chains to Adapt
ESG Data: How Businesses Can Use Data to Gain an Edge
On Aon Insights Season 2, Episode 1: What Does “ESG” Really Mean?
On Aon Insights Season 2, Episode 2: Climate Science Through Academic Collaboration
Aon’s website
Tweetables:
- “Climate, when we think about it from a physical risk and from a transition risk perspective and all the other considerations, whether it's reputation or legal liability or anything like that, is an ever-evolving constant.” — William Bruce
- “We're never going to fully fix [climate] and it's always going to evolve and it's always going to change.” — William Bruce
- “Climate is a factor that is going to decrease and it's going to increase some of the existing risks that have already been identified.” — William Bruce
- “Assessing a supply chain’s exposure is the first step in building resilience.” — William Bruce
While companies around the world increase their focus on mental health in the workplace, the stigma surrounding mental health continues to challenge leaders and employees alike. In the fifth episode of our Better Being series, host and Aon’s Chief Wellbeing Officer, Rachel Fellowes, is joined by mental health consultant and founder of Breaking the Silence, David Beeney, for a conversation about mental health and why creating a kinder work culture is so important.
- [3:04] David’s personal experience with mental health and his focus on helping employers create a kinder workplace
- [6:04] David’s unique perspective on his career and mission
- [7:21] Defining and overcoming the stigma around mental health in the workplace
- [15:24] Practical tips for engaging with greater kindness
- [22:22] Gender role statistics and stigmas
- [25:47] A five year look at the future of wellbeing in the workplace
- [27:24] David’s key takeaways and advice for improving workplace kindness
Additional Resources:
This epsiode contains sensitive topics surrounding mental health, resources are available below.
Aon’s website
Aon’s 2022-2023 Global Wellbeing Survey
Rachel Fellowes LinkedIn
Better Up Mental Health Blog
David Beeney Resources
- Breaking The Silence Website
UK Mental Health Support/Contacts
- Samaritans.org
- The Calm Zone
- Mind.org
- Tommy’s
- Child Bereavement UK
US Mental Health Support/Contacts
- Mental Health First Aid
- Childhood Bereavement US
Tweetables:
- “My life changed for the better when I first outed myself about my mental health.” — David Beeney
- “We don’t know how to talk about mental health without fear.” — David Beeney
- “Unless you create a kind culture in the workplace, you will never optimize performance from your people.” — David Beeney
- “When you create a kinder culture at work, your best people are less likely to leave.” — David Beeney
- “The language we use around the workplace is very important in creating a kinder culture.” — David Beeney
- “If you don’t create a culture where people feel safe to put their hand up and say ‘I need help,’ all this effort will go to waste.” — David Beeney
- “Where we share vulnerability, we inspire people.” — David Beeney
Amid the volatility of climate risk, research with academic institutions may help provide better data and clearer pictures for organizations looking to understand their exposure. On this episode of the On Aon Insights podcast, host and Aon’s chief marketing officer, Reinsurance Solutions, Alexandra Lewis, is joined by Aon’s global head of Climate Risk Advisory, Liz Henderson, for a discussion on the value of collaborating with academic institutions to further our understanding of the impact of climate on how we live and work.
- [1:00] The value of partnering with academic institutions when improving climate risks
- [3:07] Insights into the increasing losses associated with climate change
- [4:48] Crafting a robust data prediction program
- [6:20] Strategies that use the knowledge gained from academic research partnerships
- [8:06] A summary of climate risk insights and strategies
Additional Resources:
Decarbonizing Your Business
El Nino and the Storm Brewing in Supply Chains
On Aon Insights Season 2, Episode 1: What Does “ESG” Really Mean?
Aon’s website
Tweetables:
- “We're trying to help our clients understand when you're doing forecasting in this active area of research, that there isn't really one right answer.” — Liz Henderson
- “You have to have an end-to-end kind of risk program that helps you understand the data going into the different models, the methodologies that they take, the data that's coming out, and the sources of volatility that the models don't account for at all.” — Liz Henderson
- “Over time, the tools we have will get much better and much more refined, to predict that kind of medium and long-term planning.” — Liz Henderson
- “What does the climate risk program actually need to look like to account for all of that uncertainty that's there?” — Liz Henderson
ESG has become a top business priority in recent years, but fully understanding it in today’s volatile world is a complicated task. The second season of the “On Aon Insights” podcast series explores the world of climate and ESG (Environmental, Social and Governance) issues. In this episode, host and Aon’s chief marketing officer, Reinsurance Solutions, Alexandra Lewis, is joined by Aon’s head of ESG and Human Sustainability, Laura Wanlass, for a discussion on how to better understand the role of ESG in company decision-making.
- [1:20] The complicated task of defining ESG
- [2:12] The three elements that make up ESG
- [3:14] Maintaining a focus on ESG in a volatile market
- [4:38] Responding to political pushback and stakeholder expectations
Additional Resources:
Aon’s website
Episode 49: On Aon's ESG Impact with Leslie Follmer
ESG Data: How Businesses Can Use Data to Gain an Edge
Tweetables:
- “Oftentimes instead of saying, ‘What is environmental and social governance and what does it mean to the company?’ it's more like, what's material to your company and to your stakeholders?” — Laura Wanlass
- “You have to really sit back and look at who you are as a company, what industries or markets do you operate within to set your strategy and to know what you want to do on the risk side and the opportunity side of ESG.” — Laura Wanlass
- “But on the governance side, I would say, especially if you're public, there's some pretty universal things that are expected in terms of board governance.” — Laura Wanlass
- “Employees really care [about ESG], and that's not going to go away.” — Laura Wanlass
Current workplace trends have put intense pressure on managers to engage and retain high-caliber talent while navigating constant change. This week’s host and Director of Communications for Aon Business Services, David Allard, is joined by Partner and Aon’s Head of Assessments in the UK, Talent Solutions, Charlotte Schaller, for a look into training and reskilling managers so that they are prepared to meet the rapidly evolving demands of the workplace.
- [1:57] Recent trends and events impacting the training and reskilling of managers
- [4:38] Evolving demands for training in technology, diversity and hybrid work
- [6:28] Tactics for forward-thinking management training exercises
- [11:06] Building a culture of learning within an organization
- [13:28] Charlotte’s approach to wellbeing
Additional Resources:
Aon’s website
Aon Insights: How AI Will Impact Human Capital in the Technology, Media and Communications Industry
On Aon Insights: Resilience Across Industries
On Aon Insights: Building Belonging in the Workplace
On Aon Insights: Training the Manager for the Future of Work
Tweetables:
- “There is a clear trend showing that the manager role has evolved.” — Charlotte Schaller
- “As the workplace becomes more diverse and inclusive, managers will need to exhibit higher EQ — emotional intelligence.” — Charlotte Schaller
- “[Training and retraining] has to be a personalized journey. It’s not going to be a one-size-fits-all.” — Charlotte Schaller
- “When managers participate in training and demonstrate their commitment to learning, they set a positive example to their teams.” — Charlotte Schaller
- “Employees will feel more valued when they see their organization investing in their professional growth.” — Charlotte Schaller
With the increasing frequency of cyber events, risk management and security is a complex, multi-faceted challenge for banks around the globe. The task of keeping up with changing technologies while attracting and retaining talent who can mitigate cyber security risk has reached unprecedented levels. This week’s host and Partner in Aon’s Talent Solutions, Peter Keuls, is joined by Partner in Aon’s Talent Solutions, Chris Blain, and Aon’s Head of Cyber Solutions in the UK, Spencer Lynch, for a discussion about the intersection of talent and cyber security for financial institutions.
- [3:03] The latest trends that are raising the cyber security stakes for banks
- [11:54] Recent talent recruitment adjustments made by banks
- [13:43] Tactics for assessing organizational vulnerabilities and strengthening protections
- [18:00] Monitoring bank investments in cyber risk mitigation
- [23:40] Advice for effectively managing organizational-level cyber security efforts and talent
Additional Resources:
Aon’s website
Aon’s 2023 Cyber Resilience Report
On Aon Episode 58: On Aon’s Approach to Helping Organizations Build Cyber Resilience with Joe Martinez and David Damato
On Aon Episode 42: On Aon’s Innovative Approach to Cyber Resilience with Nitai Mandhyan and Scott Swanson
Tweetables:
- “As we see more cyber attacks and more breaches, banks are grappling with trying to ensure that they retain their people with those skills and try to attract that talent as well.” — Chris Blain
- “The majority of cases that we see start with a person; it’s a people problem, usually not a technology problem.” — Spencer Lynch
- “The level of investment around cyber for the typical bank is enormous… and it’s very important that they get the cost balance right.” — Chris Blain
- “Cyber security is a business problem, not a technology problem.” — Spencer Lynch
Grief is rarely discussed at work, yet it affects all of us at some point. In the fourth episode of our Better Being Series, host and Aon’s Chief Wellbeing Officer, Rachel Fellowes, is joined by psychotherapist, author and podcaster Julia Samuel for a discussion about the impact of grief in the workplace. Together, they discuss ways managers can support their grieving team members, the power of leaning into collective grief and resources to help anyone experiencing or supporting others through the grieving process.
- [2:08] Julia’s personal experience with grief and how it shaped her professional life
- [5:02] Defining grief and loss in both life and death
- [7:07] The individual and universal aspects of the grieving process
- [12:13] The role of work and structure in managing grief
- [21:36] The value of compiling resources to help with the grieving process
- [22:43] Collective grief as it affects the individual and a group
- [28:25] Additional resources to help support anyone through times of grief
Additional Resources:
Aon’s website
Aon’s Human Sustainability Index (HSI)
Rachel Fellowes LinkedIn
Julia Samuel’s Additional Resources:
- Julia Samuel’s website
- About Julia Samuel
- Grief Works: Self Care & Love app
- Therapy Works podcast
Julia Samuel’s Books:
- This Too Shall Pass: Stories of Change, Crisis and Hopeful Beginnings
- Every Family Has a Story: How We Inherit Love and Loss
- Grief Works: Stories of Life, Death and Surviving
Tweetables:
- “In our family, we talked about everything that didn’t matter and, it turns out, nothing that did matter. And that shaped me profoundly.” — Julia Samuel
- “We need to understand what grief is so that we’re able to manage ourselves when it does happen to us.” — Julia Samuel
- “Work and structure is actually a really useful and important part of how we manage grief.” — Julia Samuel
- “In collective grief, it is very important to allow our differences.” — Julia Samuel
- “When someone dies, the thing that matters to us and supports us the most is the love of others.” — Julia Samuel
- “Grief often feels like fear and a sense of overwhelm… and the thing that most helps with that is exercise.” — Julia Samuel
Cyber threats are constantly evolving, posing challenges to businesses. In this episode of On Aon, Aon’s Global Chief Trust Officer, Cyber Solutions, Kate Kuehn, is joined by Aon’s Chief Security Officer, Joe Martinez, and Aon’s Chief Information Security Officer, David Damato, for a conversation about the findings and takeaways of Aon’s 2023 Cyber Resilience Report. Together, they examine the importance of addressing global trends, including supply chain resiliency, critical attack factors and risk management needs, as well as tactics for educating leaders and organizations on how to manage cyber risk from the C-suite.
- [1:16] Joe Martinez and David Damato highlight what inspires them in their cyber security roles
- [5:15] The value of cyber resilience in a constantly changing environment
- [7:42] A holistic approach to cyber security that results in engineered resilience
- [9:37] Collaborations in leadership that will support cyber resilience
- [12:10] Educating board of directors about the potentially catastrophic impact of cyber attacks
- [15:25] Approaching a culture that is protected against insider threat
- [19:45] Key takeaways in preparing for cyber attacks
- [24:45] The critical differences between risk and threat
Additional Resources:
Aon’s website
Aon’s 2023 Cyber Resilience Report
Aon’s Global Risk Management Survey 2021
Aon Insights: Buyer-Friendly Cyber and E&O Market: How to Take Advantage
Tweetables:
- “In cyber security, things are always different and always new.” — Joe Martinez
- “In what other field can you track criminals globally and defend against their tactics?” — David Damato
- “If we’re engineering resilience systems correctly, they are resilient. They’re meant to withstand failures from a security perspective as well.” — David Damato
- “You can’t hide your way out of risks. You must always have a plan.” — Joe Martinez
- “Practicing cyber resilience does help to sharpen your response and your ability to be on point in managing these scenarios.” — Joe Martinez
- “Understanding your business is the first key to managing cyber resiliency.” — David Damato
Different industries approach workforce resilience in different ways, and both the technology and finance industries have seen the increased demand for workforce resilience in recent years. Organizations that embrace making connections and adopting a whole-business approach to workforce resilience are able to attract and retain talent, respond to change and create a happier, healthier and more productive workforce.
This episode of the “On Aon Insights” podcast series features host Sheena Singh, senior vice president in Aon’s healthcare industry vertical, and expert Ishita Goel, director in Aon’s Talent Solutions. Together, they explore the journey of workforce resilience in these two industries, including how to approach the transformative power of AI and the tactics that result in the greatest impact in workforce resilience plans.
- [1:15] How varying priorities affect an industry’s approach to workforce resilience
- [3:05] Key strategies the tech industry can take from the financial industry regarding workforce resilience
- [4:44] Examples of the importance of workforce resilience in the tech industry
- [5:40] Effective responses to the increasing demand to build a resilient workforce
- [7:06] A summary of workforce resilience in different industries
Additional Resources:
Aon Insights: Workforce Resilience
The One Brief: What Does a Resilient Workforce Look Like?
On Aon Insights Ep 1: Workforce Resilience as a Concept
On Aon Insights Ep 2: Reskilling and Upskilling Talent
On Aon Insights Ep 3: Training the Manager for the Future of Work
On Aon Insights Ep 4: Building Belonging in the Workforce
Aon’s website
Tweetables:
- “For all organizations, the ability to be able to consistently drive growth while taking into consideration the nuances of the changing external dynamics, the workforce compositions, how and where to attract talent from, the different kind of challenges that organizations are facing today, it's important for them to continue to focus on building workforce resilience. It's not one action to be taken at a particular point in time, but a series of actions.” — Ishita Goel
- The technology industry until last year was the employees’ choice as the place to work; however, they have started to understand the complexity of building workforce resilience.” — Ishita Goel
- “We’ll start to see upskilling and reskilling of the workforce becoming extremely important with talent pools shrinking and this war for talent so that organizations can continue to build on workforce resilience.” — Ishita Goel
- “Workforce resilience is not one thing or an end state. It's a journey to build resilience, agility and belonging to withstand change, navigate that change and build sufficient belonging for employees to repeat the process of change.” — Ishita Goel
The happiness and wellbeing of team members is critical to the success of any organization. But many leaders struggle to know how to measure wellbeing in ways that provide insights and inspire change. In the third episode of the Better Being Series, host and Aon’s Chief Wellbeing Officer, Rachel Fellowes, is joined by Nic Marks, The Happiness Expert, CEO and founder of Friday Pulse, for a conversation about happiness data and why measuring wellbeing in organizations is a critical first step to improving it.
- [2:20] The genesis of Nic’s interest in happiness and wellbeing.
- [5:00] The desire to achieve happiness is a global one.
- [7:17] Key distinctions between individual and collective happiness.
- [9:28] Metrics that provide insights into individual and group happiness and wellbeing.
- [13:01] The expected ROI on team happiness and success.
- [14:53] Advice for leaders who want to increase their team’s happiness.
- [20:40] Nic reveals his vision for a future filled with happiness.
- [23:26] Advice for leaders who are seeking increased wellbeing for their team.
Additional Resources:
Aon’s website
Aon’s Human Sustainability Index (HSI)
Rachel Fellowes on LinkedIn
On Aon’s Better Being Series – Part 1: Human Sustainability with Rachel Fellowes and Lisa Stevens
On Aon’s Better Being Series - Part 2: Physical Wellbeing and Resilience with Rachel Fellowes and Daniel Scott
Additional resources from Nic Marks:
- Friday Pulse
- Friday One
- Nic Marks’ Website
- The Happy Planet Index
- The Happy Planet Ted Talk
Tweetables:
- “We are born into this world designed for relationships.” — Nic Marks
- “Great teams are both happy and successful.” — Nic Marks
- “Bringing together a team to work on a common goal and project is really important. The human side of it is really important.” — Nic Marks
- “If you measure weekly team happiness, you’ve got a metric you can talk about every week.” — Nic Marks
- “Ironically, happiness is more engaging than engagement because it’s more appealing to people.” — Nic Marks
- “Value is not only financial, it’s about the wellbeing of the population of the people and the planet and future generations.” — Nic Marks
Today, companies know that helping employees feel their best benefits the overall health of the organization. A sense of belonging allows people to feel connected in the workplace. This episode of the “On Aon Insights” podcast series features host Sheena Singh, senior vice president in Aon’s healthcare industry vertical, and expert Suzanne Courtney, associate partner for Aon's Talent Solutions in EMEA. Together, they highlight the critical role that a sense of belonging plays in individual health and wellbeing and how an increased focus on belonging benefits both workforce resilience and business performance.
- [1:13] How a sense of belonging increases connectivity in the workplace
- [2:25] Research highlights the importance of a strong sense of belonging
- [2:55] Overcoming the challenges of building belonging into company culture
- [3:55] Inclusive recruiting and eliminating bias can be supported with AI assistance
- [5:01] First steps for cultivating a culture of belonging
- [5:55] A summary of building greater belonging in the workplace
Additional Resources:
Aon Insights: Belonging at Work: How Employers can Strengthen DE&I
Aon Insights: Workforce Resilience
Diversity, Equity, Inclusion and Belonging (DEIB) in the Workplace
On Aon Insights Ep 1: Workforce Resilience as a Concept
On Aon Insights Ep 2: Reskilling and Upskilling Talent
On Aon Insights Ep 3: Training the Manager for the Future of Work
Aon’s website
Tweetables:
- “Belonging is all about the individual, that no matter who you are, your characteristics, your life stage, that you feel included, that you feel valued, that you feel like people are listening to you, that you are important.” — Suzanne Courtney
- “Culture is often the hardest thing to change in a business, so they need time to implement it and also look at any cultural obstacles or accelerators to make it as successful as possible.” — Suzanne Courtney
- “With staffing challenges, a focus on belonging can also help companies with retaining current talent and recruiting new.” — Sheena Singh
“If we know whether people are wired for belonging, it can actually help us build more resilience in the workplace.” — Suzanne Courtney
Retirement plans are continually evolving as businesses look for ways to help employees close retirement savings gaps. Many companies are turning to multiemployer plans to maximize resources, minimize liability and offer retirement solutions that have not been traditionally available. This week’s host and Aon’s Head of U.S. Retirement, Jennifer Brasher, welcomes a team of Aon experts for a look at strategies that can potentially improve retirement outcomes and increase retirement savings by up to two years of additional retirement income. Global Chief Commercial Officer, Wealth Solutions, Byron Beebe; Head of Aon PEP (U.S.), Wealth Solutions, Rick Jones and Defined Contribution Solution Leader, EMEA, Tony Pugh, share their insights and advice regarding the benefits and impact of multiemployer plans.
- [1:52] Career advice and the inspiring elements of their profession.
- [4:44] Global trends among defined contribution and multiemployer plans.
- [10:56] The impact of the current market on retirement outcomes.
- [16:06] Addressing the internal challenges of transitioning to a multiemployer plan.
- [20:33] Evaluation standards for determining which plan is best.
- [25:38] Long-term impacts of multiemployer plans on retirement benefits and participants.
Additional Resources:
Aon’s website
The Aon Pooled Employer Plan: An Inflation Fighter
Five Reasons to Consider a Pooled Employer Plan as Part of Your 401(k) Benefits Strategy
Is a Pooled Employer Plan Right for Your Organization?
Why Pooled Retirement Plans are Changing the 401(k) Market
Aon Pooled Employer Plan Reaches $1 Billion in U.S. Plan Assets and Commitments
Tweetables:
- “All the work we do every day by building better DC solutions for our clients actually translates into real benefits and better future lives.” — Tony Pugh
- “As clients further outsource responsibilities, we give them the options they need, and the bandwidth is created for them to focus on their core business.” — Rick Jones
- “Think about what you want to control. You can still control those things when you join a multiemployer arrangement.” — Byron Beebe
- “When you’re doing this evaluation, it isn’t just about cost.” — Byron Beebe
- “This will only improve outcomes for individual retirees and improve American businesses.” — Rick Jones
Reskilling and upskilling are critical in helping people adapt to the changing workplace. But how does that translate to the role of a manager? In the third episode of the “On Aon Insights” podcast series, series host Sheena Singh, senior vice president in Aon’s healthcare industry vertical, explores the evolving needs of the workforce and how managers must manage people differently than before.
Charlotte Schaller, partner and head of assessment in the UK for Aon’s Talent Solutions, offers insights into the role a manager plays while adapting to remote and hybrid work, tactics for navigating current workforce trends and advice for how managers can support employees on a daily basis.
- [1:16] Trends that are increasing the complexity of the manager’s role.
- [2:05] The value of expanding management’s engagement with employees.
- [2:45] The key to finding and keeping talent and building a resilient workforce.
- [3:37] Overcoming resistance to and challenges of upskilling and reskilling.
- [4:51] Tactics for approaching careers for managers and employees.
- [6:07] A summary of upskilling and reskilling for managers.
Additional Resources:
How Reskilling and Upskilling Can Help Close Future Skills Gaps
The Great Resignation? Retaining Talent in a Job-Hopping World
Aon Insights: Workforce Resilience
On Aon Insights Ep 1: Workforce Resilience as a Concept
On Aon Insights Ep 2: Reskilling and Upskilling Talent
Aon’s website
Tweetables:
- “It’s really important that organizations embrace a personalized learning journey for each person where possible.” — Charlotte Schaller
- “There's been this shift in terms of directing others versus instructing others. The manager's role, it's more around being a champion of learning versus instructing others.” — Charlotte Schaller
“When managers see their own leaders adapting their management style and creating safe spaces to learn and grow, they’re more likely to look at learning as an exciting opportunity.” — Sheena Singh
In the second episode of the “On Aon Insights” podcast series, series host Sheena Singh, senior vice president in Aon’s healthcare industry vertical, explores the fundamental changes in today’s workplace and the importance of adapting to remain both relevant and resilient.
While both pose unique challenges, reskilling and upskilling are essential components of organizational growth, and employers that make learning new skills part of their culture also make themselves more resilient. Sheena highlights the expertise of Tarandeep Singh, global head of assessments for Aon’s Talent Solutions (formerly Human Capital Solutions), who shares his insights on the importance of reskilling and upskilling, the role AI will play in future learning and what employers can expect when increasing their focus on these areas.
- [1:25] The pressure to close skill gaps in 2023.
- [2:32] Increasing skill levels also increases resilience and success.
- [3:10] Defining upskilling and reskilling.
- [5:00] Challenges associated with the demanding task of reskilling.
- [6:08] The opportunities and risks of AI in reskilling.
- [7:19] The importance of a top-down focus on company culture.
- [8:34] A summary of upskilling and reskilling insights.
Additional Resources:
How Reskilling and Upskilling Can Help Close Future Skills Gaps
The Great Resignation? Retaining Talent in a Job-Hopping World
Navigating the Future of Work with AI50 percent of all employees would need reskilling by 2025Jobs held by women are at greater risk of elimination due to technological advances than those held by menAon Insights: Workforce Resilience
On Aon Insights Ep 1: Workforce Resilience as a Concept
Aon’s website
Tweetables:
- “What is resilience? As Aon defines it, it is persistence, it's adaptability to change while at the same time maintaining composure, calmness, emotional stability and learning new skills. — Tarandeep Singh
- “Reskilling requires organizations to behave very differently in future state than probably upskilling does.” — Tarandeep Singh
“If one wants to drive a culture which is inbuilt with learning, then it needs to be part of individual leaders’ and managers' goals as well.” — Tarandeep Singh
Resilience has a major impact on mental health, productivity, agility and sense of belonging, which is why the Better Being series aims to address the actions we can take to build both team and individual resilience. In this second episode of the Better Being series, host and Aon’s Chief Wellbeing Officer, Rachel Fellowes, is joined by former Aon Partnerships Marketing Intern and now NFL Indianapolis Colts Safety, Daniel Scott, for a conversation about physical wellbeing and resilience. Together, they discuss the importance of focusing on your physical and physiological health, the value of intentional rest and practical tips for developing a stronger mindset.
- [1:55] Introducing Daniel Scott and his journey to the NFL.*
- [3:46] Daniel’s approach to each of the three layers of wellbeing as an athlete.
- [7:53] The value of rest in achieving optimal performance.
- [11:00] Practical physical health tips and habits, including intentional recovery.
- [24:48] Daniel’s advice for building resiliency and a stronger mindset.
*Please note, this episode was recorded prior to the NFL draft and before Daniel Scott’s signing with the Indianapolis Colts.
Additional Resources:
Aon’s website
Episode 51: On Aon’s Better Being Series – Part 1: Human Sustainability with Rachel Fellowes and Lisa Stevens
Aon’s Human Sustainability Index (HSI)
Daniel Scott's social media handles: LinkedIn, Twitter, Instagram
Indianapolis Colts Website:
- Colts select California safety Daniel Scott with No. 158 pick in 2023 NFL Draft
- Colts Roster
Tweetables:
- “In order to reach any of my goals, I have to stay as healthy as possible for as many days as possible.” — Daniel Scott
- “You need to have a team around you that can help you with being resilient.” — Daniel Scott
- “When I think of resiliency, I think of having a warrior mindset.” — Daniel Scott
The new “On Aon Insights” podcast series aims to take a deep dive into the issues that matter to the world’s business leaders. From traditional areas like managing volatility, retirement and health to new challenges like Environmental, Social and Governance factors and technological and digital disruption, this series will bring together Aon thought leaders, industry subject matter experts and senior business professionals to offer clarity and confidence to make better decisions.
Sheena Singh, senior vice president in Aon’s healthcare industry vertical, offers a first look at what to expect in season one and upcoming episodes, including insights into workforce resilience and the challenges of helping employees reach their full potential. She highlights the expertise of Stephanie DeLorm, new solutions development leader for Aon’s Health Solutions for multinationals segment, regarding workforce resilience, including holistic tactics and strategies for a more successful long-term approach.
- [:10] Introducing the “On Aon Insights” podcast series.
- [1:47] Defining workforce resilience in today’s demanding environment.
- [3:02] Successful workforce resilience requires a holistic approach.
- [4:05] The importance of evaluating what works now and what will in the future.
- [5:13] A summary of workforce resilience insights.
Additional Resources:
Mental Health Plays a Crucial Role in Building a Resilient WorkforceQuiet Quitting and Burnout: Why it’s Essential to Focus on Wellbeing in a RecessionCOVID-19 Has Permanently Changed the Way We Think About WellbeingESG Data: How Businesses can use Data to Gain an EdgeDE&I in Benefits Plans: A Global PerspectiveAon Insights: Workforce ResilienceAon’s website
Tweetables:
- “When we think about resiliency, it's really around bouncing back. And when we think about agility, it's bouncing forward.” — Stephanie DeLorm
- “If you can create high-performing teams that are happy and healthy and engaged, that’s going to drive business performance.” — Stephanie DeLorm
“Focusing on what matters most to employees and investing in transparent employee communications is really important.” — Stephanie DeLorm
Institutional investors in today’s market face a host of unprecedented challenges in managing their investment programs. Organizations are seeking ways to effectively govern and implement their strategies, but how can they better understand the opportunities and risks as well? In this episode of the “On Aon” podcast, host and Aon’s Senior Partner and Global CIO, Russ Ivinjack, welcomes Aon’s Senior Partner and U.S. Head of Solutions and Sales Bryan Ward and Aon’s Senior Partner and Non-Profit Solutions Leader Heather Myers for a discussion about navigating volatile markets. They also examine the role of the Outsourced Chief Investment Officer (OCIO).
- [1:58] Heather and Bryan each highlight their roles and responsibilities at Aon.
- [4:20] Major challenges currently facing institutional investors.
- [6:54] The benefits and difficulties of the evolving role of investment consultants.
- [9:01] Appreciation of the role of an OCIO in non-profit organizations.
- [10:41] Strategies for better understanding risk exposures and identifying potential areas for increased diversification.
- [13:30] Opportunities for a broader market focus and improvements in the near future.
Additional Resources:
Aon’s website
Retirement and Investment Insights--North America
The Optimal Outsourced Chief Investment Officer
The One Brief: An OCIO Can be the Answer in Volatile Times
Tweetables:
- “We need to work really closely with our clients in order to understand their level of risk tolerance.” — Heather Myers
- “As we go through periods with a lot of uncertainty and economic stress in the system, you get a lot of regulatory and legislative impacts to the markets too.” — Bryan Ward
- “The investment industry has not gotten any easier. It’s so much more complex than it was even a decade ago.” — Heather Myers
- “We’re dealing with a market environment right now that many have not experienced before.” — Bryan Ward
- “Where there are risks, there are opportunities.” — Heather Myers
More than ever before, the world is looking to the risk management community for strategies to ease disruption. Risk management society (RIMS) members and risk managers from around the globe recently gathered at the 2023 RISKWORLD Conference to connect and share solutions. On this episode of the “On Aon” podcast, host and Aon’s head of Commercial Risk Solutions, North America, Joe Peiser, sits down with Jennifer Santiago, president of RIMS, to discuss insights from this year’s annual RISKWORLD Conference. Together, Jennifer and Joe discuss the energy at the conference, tools that support the insurance industry’s response to increased volatility and risk, and new and innovative ways that risk managers are addressing workplace shortages and talent retention.
- [1:30] Jennifer’s most memorable moment of the 2023 RISKWORLD Conference.
- [4:53] Risk managers are proving they are ready for a new way of finding solutions.
- [6:57] The value of bringing risk managers into the C-suite.
- [10:27] Tools that support the insurance industry’s response to increased volatility and risk.
- [13:35] Insights into RIMS’ and Aon’s work together and innovation from the client’s perspective.
- [17:05] How is RIMS addressing cyber risks, data breaches and workplace shortages?
- [20:18] Jennifer reveals her favorite non-work-related activities.
Additional Resources:
Aon’s website
The Wall Street Journal: The Morning Risk Report: Natural Disasters, Geopolitics Confront Execs at This Year’s Riskworld
Risk & Insurance: Aon’s Joe Peiser on How Better Use of Data and Parametrics Can Help Carriers Bridge the Protection Gap
The Insurer TV: Aon’s Lambrou: Frustrated Clients Look to Differentiate Themselves in Challenging Cat Market
Insider Engage: On Location at RIMS 2023: Joe Peiser, Commercial Risk Leader for North America, Aon
RISKWORLD 2023
Tweetables:
- “There is this momentum around the industry post-COVID that is just incredible.” — Jennifer Santiago
- “To me, the broker-client-customer relationship is super critical and valuable.” — Jennifer Santiago
- “Certain things can be replaced by machines and AI, but we really need talent.” — Jennifer Santiago
As pressure and competition continue to mount for businesses globally, attracting and retaining the right talent remains a top priority. How can leaders make the right recruitment and promotion decisions to future-proof their business? On this episode of the “On Aon” podcast, host and Aon’s Global Partnerships Leader, Taylor Strick, is joined by Aon’s CEO of Human Capital Solutions, Michael Burke, and LPGA Senior Director of Athlete Policy and Development, Blake Henderson, for a conversation about players’ personality traits, future potential and how high-performing employees can help increase an organization’s resilience – based on findings from Aon’s recent Epson Tour and LPGA Tour study.
- [2:12] The Aon and LPGA Tour partnership and the Aon Risk Reward Challenge.
- [3:50] How the idea of Aon and Epson Tour working together off the golf course came to life.
- [6:12] The key components of supporting athletes’ data-driven strengths.
- [7:33] Aon’s assessments can help businesses across industries identify their potential for success.
- [10:41] The value of taking a quantitative approach to making better workforce decisions.
- [12:00] Leveraging the results from the study and connecting to the athlete development program.
- [15:10] How this program helped to increase the LPGA’s resilience.
- [17:06] Business insights from the LPGA’s innovative approach.
- [20:33] Blake’s perspective on women's professional golf happenings and upcoming events.
Additional Resources:
Aon’s website
Aon’s PGA and LPGA Tour Partnership
Aon Risk Reward Challenge
Forbes: Professional Golf’s Equality Push
Fortune: Building a resilient workforce: What the LPGA has learned can apply to all businesses and organizations
Aon’s Adaptive Employee Personality Test
On Aon Ep 24: On Aon’s Commitment to Gender Equity in Sports with Mollie Marcoux Samaan and Hannah Green
Tweetables:
- “It’s a really great opportunity for our players that really speaks to Aon’s commitment to equity.” — Blake Henderson
- “Motivating a team where you know everyone intimately is very different for a large organization but there are many things each can learn from one another.” — Michael Burke
- “This helps to connect all of our associated programs and resources within our athlete development program.” — Blake Henderson
- “This program is helping our players get the most out of their talents and abilities.” — Blake Henderson
- “A data-driven approach to understand, develop, attract, retain, maintain and sustain a workforce is really important, and making better decisions around that can have a profound impact on an organization and the individuals within that organization.” — Michael Burke
Only 30 percent of employees identify as resilient in the workplace, which has a huge impact on productivity, mental health, agility and sense of belonging. In this episode of the “On Aon podcast,” host and Aon’s Chief Wellbeing Officer, Rachel Fellowes, kicks off the Better Being series, which is focused on the actions we can all take to build and support resilience in the workplace. Rachel is joined by Aon’s Chief People Officer and Global Head of Human Capital Solutions, Lisa Stevens, to discuss the Human Sustainability Index (HSI) and key insights into Aon’s efforts into increased resilience for both colleagues and clients.
- [1:37] Lisa highlights her professional and personal life
- [4:12] The language of resilience and what it means at Aon
- [6:15] The market response to organizational resilience
- [9:16] Key points of Aon’s wellbeing strategy for colleagues and the HSI
- [16:49] Rachel’s insights into the eight pathways of the HSI
- [19:44] Lisa’s experience with leaning on her community through grief
- [23:05] Lisa shares a glimpse of the next episode of the Better Being series
Additional Resources:
Aon’s website
On Aon Ep 50: On Aon's 2022-2023 Global Wellbeing Survey with Stephanie Pronk
Aon Human Sustainability Index (HSI)
Aon’s Webinar (UK and EMEA): Do You Know How Resilient Your Workforce Is? Building Your Wellbeing Baseline For 2023
Aon’s Webinar (North America): How Resilient Is Your Workforce?
Aon’s 2022 - 2023 Global Wellbeing Survey
Aon’s Insights: Get Ready for the Top 5 HR Trends in 2023
Tweetables:
- “This is about personal sustainability and human sustainability and collectively coming together with team resilience.” — Lisa Stevens
- “As leaders and managers, what are we doing to enable resilience?” — Lisa Stevens
- “We are so complex as human beings…and at Aon, we are trying to figure this all out together.” — Lisa Stevens
On the 50th episode of the “On Aon podcast”, host and Aon’s Senior Vice President, National Healthcare Industry Practice, Sheena Singh, welcomes Aon’s Senior Vice President, National Health Transformation Team Leader, Stephanie Pronk, to discuss the findings of Aon’s 2022-2023 Global Wellbeing Survey as well as celebrate two years of the “On Aon” podcast.
- [1:10] Stephanie’s inspiring work in helping employers improve population health and wellbeing.
- [2:35] The focus and measurements of Aon’s 2022-2023 Global Wellbeing Survey.
- [5:05] 46 countries and 27 languages are represented in the survey.
- [7:03] Defining the 5 dimensions of wellbeing as a priority in the context of the survey.
- [9:45] The benefits of a holistic wellbeing strategy in attracting and retaining talent.
- [13:01] What were the findings on the impact of wellbeing on business performance?
- [18:30] Stephanie reveals the surprising findings from the survey.
- [21:27] How does Stephanie make wellbeing a priority in her workday?
Additional Resources:
Aon’s website
Aon’s 2022-2023 Global Wellbeing Survey
How to Help your Business Thrive in the Workforce of the Future
On Aon Ep. 46:On Aon’s Approach to Helping Clients Navigate DE&I in the Workplace with Dr. Avneet Kaur
Aon’s 2022 Global DE&I Survey
Tweetables:
- “We are focusing on the performance of both the individual and the organization.” — Stephanie Pronk
- “Wellbeing can play a very vital role not only in the people management of an organization but also the business performance aspect.” — Stephanie Pronk
- “We need to think a little bit differently about how we’ve been doing things in the past and bring them to the forefront in terms of where we need to go in the future.” — Stephanie Pronk
- “As we go forward, we have to meet the needs of the business and we have to meet the needs of the people.” — Stephanie Pronk
On this week’s episode of the On Aon podcast, host and Aon’s Head of Corporate Governance and ESG Advisory Laura Wanlass is joined by Aon’s Head of Investor Relations and ESG Leslie Follmer for a conversation about the firm’s 2022 Environmental, Social and Governance (ESG) Impact Report. They discuss the need for strong goals and embedding ESG in the firm’s culture and emphasize the importance of having a firm-wide strategy that contains ESG elements.
- [1:50] Leslie explains her Investor Relations and ESG roles at Aon.
- [4:55] How does Aon define ESG?
- [8:10] Setting goals and providing context to stakeholders is key in Aon’s strategy.
- [9:50] Embedding ESG into the culture of the firm.
- [11:48] Examples of how Aon operationalizes sustainability for clients and colleagues.
- [15:10] What are investors curious about when it comes to Aon and ESG?
- [18:24] Leslie shares a book recommendation and Laura reveals her energy-conscious weekend plans.
Additional Resources:
Aon’s website
Aon’s 2022 ESG Impact Report
ESG Data: How Businesses can use Data to Gain an Edge
On Aon Ep. 48: On Aon's Game Plan for Switching from Defense to Offense in Managing Risk with Greg Case
Tweetables:
- “The ESG focus is core to what we’ve been doing from a business perspective.” — Laura Wanlass
- “Ultimately, these issues and opportunities around people and the environment are really essential elements of our strategy.” — Leslie Follmer
- “Master your people strategy and you’ve probably already made good progress toward having a good ESG profile.” — Laura Wanlass
On this week’s episode of the On Aon podcast, Aon’s Chief Marketing Officer Andy Weitz is joined by Aon’s CEO Greg Case for a discussion about themes impacting the firm, clients and colleagues. They also explore the risks leaders will continue to face in 2023 and how Aon is helping turn those risks into opportunities.
- [1:05] Looking back on how Aon has evolved since last year.
- [3:35] Managing decision fatigue while moving forward.
- [5:09] Three key steps to help Aon’s clients transition from offense to defense when managing risk.
- [8:03] Specific examples of how Aon is helping organizations mitigate climate change impacts and risks.
- [11:45] Maintaining resilience through talent acquisition and retention challenges.
- [19:10] Key opportunities for Aon in 2023.
- [21:36] Greg shares inspiration from his favorite historical figures.
Additional Resources:
Aon’s Website
On Aon Ep. 21: On Aon’s Conversation with CEO Greg Case
Aon’s 2022 Executive Risk Survey
New Aon Research Shows Prepared Leaders Embrace Risk And Make Better Decisions During Economic Uncertainty
Aon: Global Insured Losses From Natural Disasters Exceeded $130 Billion In 2022, Driven By Second-Costliest Event On Record
2023 Weather, Climate and Catastrophe Insight
On Aon Ep. 47: On Aon's Insights on Navigating and Preparing for Catastrophes with Michal Lörinc and Dominic Probyn
2022-2023 Global Wellbeing Survey
The One Brief: Greg Case: How Business Leaders Are Preparing for the “Great Volatility”
Tweetables:
- “Every decision we make is becoming more and more important.” — Greg Case
- “Climate challenges are not a possibility. They’re here and now.” — Greg Case
- “Resilience and transition alone are not enough.” — Greg Case
- “You have to tailor your approach to support your colleagues in the best way possible to drive strategy going forward.” — Greg Case
- “We’ve never had a more substantial opportunity to help our clients succeed than we do today.” — Greg Case
With over $330 billion in damage from natural disasters in 2022, direct economic losses from weather events last year were remarkable. This week’s host and Aon’s Chief Marketing Officer, Reinsurance Solutions, Alexandra Lewis, is joined by Aon’s Head of Catastrophe Insight, Reinsurance Solutions, Michal Lörinc, and Aon’s Head of Climate Strategy, Dominic Probyn, for a discussion about the findings from Aon’s 2023 Weather, Climate and Catastrophe Insight Report and what Aon is doing to help organizations make better decisions, manage volatility and enhance global resilience against climate-related risks.
- [2:47] Steps to making a positive impact on climate today.
- [4:02] Surprising trends and lessons learned from Aon’s 2023 Weather, Climate and Catastrophe Insight Report.
- [8:54] How Aon manages significant amounts of climate data.
- [10:33] The role and mission of Aon’s new Climate team.
- [12:34] Where companies can effectively start mitigating climate risks.
- [17:56] The key role of the insurance industry in the climate transition.
- [20:14] Dominic and Michal reveal their preferred pastimes.
Additional Resources:
Aon’s Weather, Climate and Catastrophe Insight Report
Aon: Global Insured Losses From Natural Disasters Exceeded $130 Billion In 2022, Driven By Second-Costliest Event On Record
Reuters: Natural disasters caused $313 bln economic loss in 2022 - Aon
Aon’s website
Tweetables:
- “It only takes one storm to completely change the statistics.” — Michal Lörinc
- “Every job is a climate job.” — Dominic Probyn
- “Climate change is about much more than just physical risk. The transition itself brings forth many challenges.” — Dominic Probyn
“Setting and executing a climate change strategy is a transformational task for many of our clients.” — Dominic Probyn
From benefits and training to compensation and talent development, organizations around the globe are striving to embed diversity, equity and inclusion (DE&I) into their offerings and policies. This week’s host and Senior Vice President, Chief Broking Officer and National Leader of Growth and Client Engagement for Health Solutions at Aon, Joey Raheb, welcomes Aon’s Head of Advisory and Specialty Practice for EMEA Health Solutions, Dr. Avneet Kaur, for a conversation on DE&I in the workplace and what Aon’s 2022 Global DE&I Survey uncovered about how effective DE&I efforts are and where they still need to improve.
- [2:16] Career advice for a younger Dr. Kaur
- [3:16] An overview of the findings from Aon’s 2022 Global DE&I Survey
- [5:45] The three key components of the survey’s structure
- [15:44] Unique findings from the survey based on geography
- [20:15] Dr. Kaur’s latest book recommendation
Additional Resources:
Aon’s 2022 Global DE&I Survey
Global Aon Survey Shows Positive Correlation Between Employee Engagement And Diversity, Equity And Inclusion Policies
Unleash: D,E&I policies must include older workers
HR Dive: Highly engaged companies have broader DEI programs, study says
Aon website
Aon’s 2022 Executive Risk Survey includes insights from over 800 CEOs and provides an in-depth look at business leaders’ view on risk. This week’s host and Aon’s President Eric Andersen is joined by Aon’s CEO of Commercial Risk Solutions, Lambros Lambrou, and Aon’s CEO of Enterprise Clients, Lori Goltermann, for a conversation about the findings of the survey, a potential recession and how leaders can best prepare for the interconnected risks of today, as well as those on the horizon.
- [1:38] Leaders that inspire Lambros and Lori.
- [4:00] Top Executive Risk Survey takeaways for managing risk as we enter 2023.
- [8:13] Three components of effective climate change management.
- [10:43] How prepared leaders are focusing their investments on climate change.
- [14:25] Understanding the interconnectivity of risks.
- [19:15] How Aon is helping clients make better risk management decisions in 2023.
- [25:15] The last book that Lori read and Lambros’ typical morning routine.
Additional Resources:
Aon’s 2022 Executive Risk Survey
Forbes: Sustainability In Times Of Volatility - What Aon’s 2022 Executive Risk Survey Means For Your Business
On Aon Podcast Episode 39: On Aon’s View on Challenging Economic Times – Part One with Eric Andersen and Leslie Follmer
The One Brief: Greg Case: How Business Leaders Are Preparing for the “Great Volatility”
Aon’s website
Tweetables:
- “Embracing risk in uncertain times is the only option.” — Lambros Lambrou
- “Addressing risk isn’t a choice, it’s a matter of survival.” — Lambros Lambrou
- “Risk management is a real differentiator and competitive advantage when navigated appropriately.” — Lori Goltermann
- “Climate is a good example of where we see prepared leaders continuing to focus their investments over the long term.” — Lambros Lambrou
- “The commitments that we’re making to transparency and disclosure are so much deeper today than it ever has been before.” — Lori Goltermann
Together We Can Be The Dream. Welcome to this new podcast series, brought to you by AON and Liberty Mutual. This podcast centers on the inclusion and diversity perceptions, promises and practices in corporate America. This week’s host, Insurance Business’s recent America’s 2022 Rising Star Award recipient and Director of External Engagement at Spencer Educational Foundation Tandeka Nomvete welcomes Jamal Evans, Temple University senior majoring in Risk Management and Insurance and Austin Raymond, senior at the Honors College at Towson University majoring in mathematics with an emphasis in Actuarial Science and Risk Management. Together they discuss some of Dr. Martin Luther King’s famous quotes as they apply in the setting of preparing for the interview, internship, and employment process in the risk management industry.
- [1:27] Introducing Jamal and Austin and their impressive resumes.
- [4:53] “Faith is taking the first step even when you can’t see the whole staircase.”
- [6:37] Preparing for the interview process and creating a tailored approach to each company.
- [9:47] Techniques for approaching interview questions confidently.
- [13:32] “I still have a dream.” Handling rejection in ways that can still benefit your future efforts.
- [14:47] Lessons learned from a disadvantaged interview.
- [19:29] “If you can’t fly, run.” Moving forward regardless of the obstacles in your way.
Additional Resources:
Aon’s website
Tweetables:
- “My philosophy about interviews is that they are a two way process, so I spend a lot of my time actually learning about the company.” — Jamal Evans
- “Your network is a great tool to leverage when you are in the interview process.” — Jamal Evans
- “I’ve had to prepare for each of my interviews a little differently based on the type of company that it was.” — Austin Raymond
- “Make sure the company you interview with is a good fit for you and that they are able to meet your needs deeper than just somewhere to work.”— Jamal Evans
- “If I see someone that looks like me at higher levels, what the company is telling me without telling me is that there is space for me to grow into those higher leadership positions.” — Tandeka Nomvete
- “When something doesn’t go well in an interview, take the time to reflect on your performance, identify what went wrong, and brainstorm what you can do differently the next time.” — Austin Raymond
This week’s host and Aon’s North America Chief Operating Officer Kevin Johnson is joined by Partner and Co-Lead, Global Life Sciences Vertical, Aon, Meaghan Piscitelli and Co-Lead, Global Life Sciences Vertical, Aon, Lars Sørensen for a conversation about the various ways Aon is helping companies within the life sciences sector become more resilient and agile as they navigate volatile market conditions. They also discuss how companies can use this period of economic uncertainty to continue to innovate for their clients.
- [2:21] Meaghan and Lars reveal what they enjoy most about their roles at Aon.
- [4:40] The three major challenges facing the life sciences sector.
- [8:24] The potential impact of cyber threats in life sciences.
- [12:41] The challenges of attracting and retaining talent in life sciences.
- [14:14] Actions and opportunities for companies to drive innovation and increase resiliency.
- [22:09] Meaghan and Lars reflect on Aon’s future impact on the life sciences industry.
Additional Resources:
Aon Industry Insights
What’s Ahead for Life Sciences? These Five Trends Are Shaping the Industry
Aon’s 2021 Global Risk Management Survey
Aon’s website
Tweetables:
- “Volatility is one of the few constants in the life sciences industry.” — Meaghan Piscitelli
- “Having a disruption in production in life sciences is really very costly compared to other industries.” — Lars Sørensen
- “Companies now more than ever really need to work to build a resilient workforce in order to grow and thrive.” — Meaghan Piscitelli
As cyber attacks become increasingly more sophisticated and costly, organizations will face new challenges in mitigating their cyber risks.
This week, host and Engagement Management Leader for Cyber Solutions, Stroz Friedberg, an Aon company, Rachel Ratcliff, is joined by Aon’s Managing Director, Cyber Solutions, Nitai Mandhyan, and Aon’s Practice Leader, Cyber Solutions, Scott Swanson, for a conversation about how organizations can withstand and respond to potential cyber risks. They discuss the importance of developing a cyber resilience strategy and participating in regular adversary simulation exercises to help build resistance to cyber attacks.
- [1:32] Staying passionate about the dynamic field of cyber security
- [3:26] What makes cyber security so important today
- [4:41] The macro and micro implications of cyber security
- [6:21] Key tactics to developing cyber resilience
- [8:55] Adversary simulation — what it is and what it offers organizations
- [11:56] The learnings that an adversary simulation provides
- [13:28] The value of adversary simulation data for companies
- [16:46] Scott’s and Nitai’s hidden skills
Additional Resources:
On Aon’s Cyber Threat Hunt with Samantha Billy and Jonathan Rajewski
E&O and Cyber Market Review – Midyear 2022
Stroz Friedberg Incident Response, Named A Leader In The Forrester Wave™: Cybersecurity Incident Response Services, Q1 2022 Report
Aon’s 2021 Global Risk Management Survey
Making Better Decisions in Uncertain Times: Aon’s 2022 Executive Risk Survey
Aon’s website
Tweetables:
- “Cyber security is such a dynamic field, no two days are alike.” — Nitai Mandhyan
- “Cyber attacks are so much more frequent now - they are targeted, sophisticated and extremely expensive for our clients.” — Nitai Mandhyan
- “Cyber security needs to be driven right through the core of an organization.” — Scott Swanson
- “Resiliency goes hand in hand with cyber security.” — Scott Swanson
- “Given the current threat landscape, I really don’t see why every organization isn’t considering regular adversary simulation exercises to enhance their cyber resistance and resilience.” — Scott Swanson
Over the course of three weeks, we’ll hear from Aon colleagues on how economic challenges are impacting all solutions, clients and colleagues in a special edition takeover of the “On Aon” podcast.
This week, host and Aon’s U.S. President, Charles Philpott, welcomes Head of Human Capital Solutions, North America, Brooke Green; Large Market Segment Leader for Health Solutions, North America, Kim Hurst and Head of U.S. Retirement, Jennifer Brasher; to discuss the challenges that HR leaders are facing given increased economic volatility.
- [2:39] The key challenges that today’s economy has caused HR leaders.
- [4:53] The unexpected ripple effect that economic volatility has on the market at large.
- [7:29] The main factors causing change in the retirement landscape.
- [10:30] HR considerations as we enter 2023.
- [12:54] How Aon is supporting clients in these uncertain times.
- [15:32] Ideas to help employees think about saving for retirement.
- [21:26] Jennifer, Brooke and Kim share one word to inspire HR managers navigating these challenging times.
Additional Resources:
New Aon Research Shows Prepared Leaders Embrace Risk And Make Better Decisions During Economic Uncertainty
Inflation is Influencing Business Risk Management — Take Steps to Mitigate its Impact
Aon 2021 Global Wellbeing Survey
38: On Aon’s Balancing of Inflation and Employee Benefits with Dave Guilmette
39: On Aon’s View on Challenging Economic Times – Part One with Eric Andersen and Leslie Follmer
40: On Aon’s View on Challenging Economic Times – Part Two with Joe Peiser
Aon’s website
Tweetables:
- “What we know from previous recessions is that companies start to take a look at what and who they’re spending money on.” — Brooke Green
- “More and more employers are asking their employees what they value.” — Kim Hurst
“Employer communication and education is key to get employee savings to the right amount for retirement.” — Jennifer Brashe
Over the course of three weeks, we’ll hear from Aon colleagues on how economic challenges are impacting all solutions, clients and colleagues in a special edition takeover of the “On Aon” podcast.
This week, Aon’s U.S. President, Charles Philpott, and Aon’s North America Commercial Risk Leader, Joe Peiser, discuss insights from risk markets and clients, and what risk managers should be thinking about when facing increased economic volatility.
- [2:00] The impact of the economic landscape on insurers
- [5:35] The main client concerns in the face of inflation
- [9:32] Steps risk managers can take to mitigate losses
- [13:53] Actions for the future of key lines of insurance
- [20:15] The impact of natural disasters on the market forecast
- [29:14] Joe’s and Charles’ optimistic look at the end of 2022
Additional Resources:
New Aon Research Shows Prepared Leaders Embrace Risk And Make Better Decisions During Economic Uncertainty
Aon's Global Market Insights Report Q2 2022
Making Better Decisions in Uncertain Times: Aon’s 2022 Executive Risk Survey
Inflation is Influencing Business Risk Management — Take Steps to Mitigate its Impact
Aon’s website
Tweetables:
- “For insurance companies, rising interest rates, in the long run, is a good thing. But in the short run, it’s a problem.” — Joe Peiser
- “It’s time for experienced risk managers to take a more holistic approach to their risk financing program.” — Joe Peiser
- “It’s a great time to be in our business and a great time to be a risk manager.” — Joe Peiser
Over the next three weeks, we’ll hear from Aon colleagues on how economic challenges are impacting all solutions, clients and colleagues in a special edition weekly takeover of the “On Aon” podcast.
This week, Aon’s President, Eric Andersen, and Aon’s Head of Investor Relations and ESG, Leslie Follmer, sit down with host and Aon’s North America CEO, Jennifer Bell, for a conversation about the challenges that organizations are facing given increased economic volatility.
- [2:20] Volatility in 2022 and key market indicators
- [5:03] Reasons for and results of slowing growth expectations
- [6:45] Aon’s strategy for rising inflation
- [11:30] Indicators of recession and Aon’s response
- [17:30] Client solutions and innovative efforts
- [21:37] Leslie and Eric’s optimistic outlook for the end of 2022
Additional Resources:
New Aon Research Shows Prepared Leaders Embrace Risk And Make Better Decisions During Economic Uncertainty
Making Better Decisions in Uncertain Times: Aon’s 2022 Executive Risk Survey
Increasing Inflation: Key Considerations for Employers Looking to Provide Better Support
The Impact of Inflation on Employee Benefits and Considerations for Businesses
Inflation is Influencing Business Risk Management — Take Steps to Mitigate its Impact
Aon’s website
Tweetables:
- “We’ve gone from really strong growth around the world last year to a market this year where you’ve got growth expectations slowing down a lot.” — Leslie Follmer
- “The topic of inflation is such a real-world topic in terms of its impact on our clients, our colleagues and our business decisions.” — Eric Andersen
- “There is so much happening in our business, we want to make sure we’re investing in the future.” — Eric Andersen
As we emerge from the COVID-19 pandemic, the health and wellbeing of employees is top of mind for employers, with many looking for ways to enhance their benefits programs. With inflation and rising costs, employers are faced with the challenge of balancing those costs and employee wellbeing.
On episode 38, host and Aon’s Senior Vice President, Chief Broking Officer and National Leader, Growth and Client Engagement, Joey Raheb, sits down with Aon’s Chief Executive Officer, Health Solutions, Dave Guilmette, for a conversation about the impact of inflation on employee benefits.
- [1:46] The impact of the pandemic on the employment market and benefits.
- [5:26] Transitioning from benefits as an expense to an investment.
- [10:10] Inflation’s impact on employee benefits.
- [11:51] Tactics for balancing healthcare inflation with employee wellbeing.
- [17:06] Supporting employees in the face of rising business costs.
- [20:46] Dave’s optimistic view of Aon’s future.
Additional Resources:
2021 Global Wellbeing Survey
2022 Global Medical Trend Rates Report
Inflation is Influencing Business Risk Management — Take Steps to Mitigate its Impact
Q&A: As Inflation Surges, New Business Strategies Emerge
Aon’s website
Tweetables:
- “We’re seeing from employers a very strong level of interest around the resiliency of their workforce.” — Dave Guilmette
- “We have a significant and serious affordability gap in healthcare.” — Dave Guilmette
- “Retain what’s working, potentially even invest in those parts, and start to take out the parts that are not working.” — Dave Guilmette
Cyber incidents are becoming more frequent, targeted, sophisticated and costly, with a projected $10.5 trillion annual global cost by 2025. To better understand the evolution of cyber attacks and their impact on organizations, host and Engagement Management Leader for Cyber Solutions, Stroz Friedberg, an Aon company, Rachel Ratcliff welcomes Aon’s North American Head of Incident Response and Digital Forensics Incident Response Practice Leader for Stroz Friedberg, an Aon company, Jonathan Rajewski and Aon’s VP and U.S. Broking Growth Leader for Aon’s Cyber Solutions, Samantha Billy, for a conversation about the what, when and why of the proactive approach to this costly problem — cyber threat hunting.
- [1:26] Samantha and Jonathan highlight their responsibilities at Aon.
- [2:47] The evolution of cyber attacks and their impact on organizations.
- [5:15] How the changing threat landscape has impacted the cyber insurance marketplace.
- [7:29] What is a threat hunt and when should organizations consider conducting one?
- [11:51] How can threat hunting work to achieve cyber resilience?
- [17:42] The impact of threat hunts on insurance coverage and renewals.
- [19:15] Achieving cyber resilience starts with proactive efforts.
Additional Resources:
E&O and Cyber Market Review – Midyear 2022
Threat Hunting For COVID-19: Leveraging Threat Intelligence To Drive Cyber Security Defenses
Stroz Friedberg Incident Response Named A Leader In The Forrester Wave™: Cybersecurity Incident Response Services, Q1 2022 Report
Aon Completes Acquisition Of Risk Management Firm Stroz Friedberg
Aon’s website
Tweetables:
- “Cyber attacks continue to not only evolve, but they’re becoming more frequent, targeted, sophisticated and costly for organizations of all sizes.” — Jonathan Rajewski
- “Threat actors have evolved, and they have very sophisticated techniques. They’ve grown and scaled their operations to be able to impact global organizations.” — Jonathan Rajewski
- “The landscape has changed the cyber insurance marketplace to be much more hardened.” — Samantha Billy
- “Cyber threat hunting is a great instrument for organizations to use to demonstrate if their existing cyber resilience is actually working.” — Jonathan Rajewski
- “Threat hunting is one of the best tools that can minimize a company’s exposure from top to bottom.” — Samantha Billy
- “Cyber resilience is a culture.” — Samantha Billy
Wellbeing has become an increasingly important topic for businesses to address, but many may not understand what wellbeing actually means for employees. The thoughtful message of wellbeing to both employees and future talent is more important to address now than ever before.
This week’s host, Nicole Presperin, Aon’s head of global growth strategies and planning, Reinsurance Solutions, is joined by Rachel Fellowes, Aon’s chief wellbeing officer, and Lucy Bousfield, Aon’s head of global talent acquisition, for a conversation about wellbeing at Aon and how the firm is addressing the wellbeing needs of colleagues.
- [1:55] Rachel and Lucy highlight their roles in wellbeing initiatives at Aon.
- [4:28] Defining the layers and language of wellbeing.
- [10:00] Aon initiatives that prioritize wellbeing.
- [14:35] The importance of setting and honoring boundaries.
- [16:45] Tips for managers to shift the mindset around wellbeing.
- [20:10] Considerations for enhancing team and leadership wellbeing.
- [23:05] Sharing the sustainable wellbeing message with everyone.
- [24:25] A look into Rachel and Lucy’s wellbeing practices.
Additional Resources:
Aon’s website
Rachel Fellowes Named Aon’s Chief Wellbeing Officer
Aon Health and Wellbeing Resources
On Aon Podcast Episode 26: On Aon’s Approach to Wellbeing With Anthony Scattone and Kelli Clark
HR Executive: Meet Aon’s first chief wellbeing officer
Tweetables:
- “How can we help our Aon colleagues, and their families, really consider their wellbeing through their Aon life?” — Rachel Fellowes
- “Wellbeing is now becoming a real key candidate driver.” — Lucy Bousfield
- “The strength of your wellbeing strategy can really deliver that message out to candidates and colleagues.” — Lucy Bousfield
- “We need to think about better understanding the human experience and orienting all of our resources accordingly.” — Rachel Fellowes
In face of growing impacts and risks caused by climate change, as well as rising population projections, the food, agribusiness and beverage industry has to innovate to ensure it’s addressing these emerging challenges.
To help understand the work that Aon is doing to help clients in the global food, agribusiness, and beverage industry make better decisions and address new risks, host Shelly Brown, Aon's Diversity Solutions leader, is joined by Ciara Jackson, food, agribusiness and beverage enterprise client leader. Together they examine the impact that supply chains, inflation, climate change, the COVID-19 pandemic and a host of other factors have on this industry.
- [1:28] A look at the future of the food, agribusiness and beverage industry.
- [2:17] The impact of supply chains, inflation and climate change on the industry.
- [6:13] The role that Aon plays in helping clients make better decisions.
- [8:33] Transformational risk within the ESG conversation.
- [12:23] The power of uniting together for a common goal to solve big problems together.
- [14:03] Ciara’s hidden talent coaching a popular Irish sport.
- [15:18] Ciara’s advice to anyone that is considering a career with Aon.
Additional Resources:
Inflation’s Impact: A Closer Look at Three Industries
Q2 2022 Global Market Insights Report
Aon Insights: Food, Agribusiness and Beverage
Aon Insights: The Russia-Ukraine Conflict Will Have a Major and Long-Lasting Impact on Global Food Supply
The Aon One Brief: Beyond Logistics: Product Recall Risks and How to Avoid Them
Aon’s website
Tweetables:
- “The industry is in the process of having to fundamentally change the production system and to increase productivity at the same time.” — Ciara Jackson
- “In this industry, it’s all about supply chain.” — Ciara Jackson
- “A lot of our clients are getting concerned about security of supplies and the affordability of those supplies as well.” — Ciara Jackson
- “We’re all working together to try and solve this immense challenge that our clients are facing.” — Ciara Jackson
On this special edition episode of On Aon, we hear from host Andy Weitz, Aon’s chief marketing officer, as he chats with PGA TOUR professional and this year’s Aon Risk Reward Challenge Champion, Scottie Scheffler. Together, they discuss how better information and better advice led to Scottie’s success on the TOUR this year.
- [0:26] An overview of the Aon Risk Reward Challenge.
- [1:40] Scottie’s impressive victories and his thoughts on his winning season.
- [2:45] How Scottie and Ted Scott prepare to perform in a high-level environment together.
- [4:50] What has propelled Scottie to his next-level success this season?
- [8:10] What mindset does Scottie have when he is doing well in a personal best round?
- [9:16] Scottie reveals his techniques for calming down after a bad shot.
- [10:25] How does Scottie’s balance of risk and reward vary by event?
- [11:52] The impact that Scottie aims to have on those whom he inspires.
- [13:21] A look at the future of golf and how it is continually evolving.
- [14:56] Scottie’s advice for improving your short game.
Additional Resources:
Aon’s website
Scottie Scheffler Wins The Aon Risk Reward Challenge And $1 Million Prize
Aon’s Risk Reward Challenge Recognized For Providing Equal Opportunity To PGA And LPGA Tour Members
Aon Risk Reward Challenge
Aon Announces First-Of-Its-Kind, Season-Long Golf Competition In Partnership With PGA TOUR And LPGA
Hurricane season is here, and Aon is proactively working to ensure that clients are prepared for the impacts these storms could have on their businesses. This week’s host, Aon’s SVP for Health Solutions, Healthcare Industry Vertical, Sheena Singh, is joined by Managing Director of Aon's U.S. Property Risk Consulting Group, Jill Dalton, and Aon’s Global Practice Leader of Property Risk Control and Engineering, Michael Panfil, for a conversation about how they’re advising clients in the face of this year’s hurricane season and how their advice is changing with the effects of climate change.
- [1:19] An overview of trends in this year’s hurricane season.
- [4:14] The biggest risk that hurricane season poses to Aon clients.
- [5:40] The intensity of storm development has become a major concern in recent years.
- [6:32] Non-physical risks and impacts of hurricanes on organizations.
- [9:58] Advising clients during hurricane season in the face of climate change.
- [12:25] Understanding the hazards of current and future threats.
- [14:51] Michael and Jill each share how they spend time outside of the workplace.
Additional Resources:
Hurricane and Natural Catastrophe Planning and Response Site
2021 Weather, Climate and Catastrophe Insight Report
Tech Radio: Catastrophe analysis with Aon’s Steve Bowen
Global Catastrophe Recap: 1H 2022
Tackling Climate Change
Sign up for Weekly Cat Alerts
Aon’s website
Tweetables:
- “With our clients, we are doing our best to assess both river and flash flood exposures.” — Michael Panfil
- “I think what's something that's got us a bit concerned lately is how quickly and differently storms are developing and intensifying than we've seen in the last few years.”— Jill Dalton
- “The impact of hurricanes is felt at work and at home.” — Michael Panfil
- “Being prepared today is the best way to deal with this stuff when it happens tomorrow.” — Michael Panfil
Aon’s 2021 ESG Impact Report highlights the many ways Aon continues to advance its ESG strategy, capabilities and solutions to enable better decisions that help build a better world. This week’s host, Aon’s Chief Marketing Officer, Andy Weitz, joins Aon’s Head of Investor Relations and ESG Leslie Follmer and Aon’s Chief People Officer and Head of Global Human Capital Solutions Lisa Stevens for a conversation about the report and Aon’s ESG initiatives.
This episode was recorded live on June 8, in front of a live virtual audience, during Aon’s Global Impact Week. A special thank you to all colleagues who tuned in live to watch!
- [1:46] What is included in the 2021 ESG Impact Report?
- [3:33] Lisa highlights some standout moments in social impact at Aon.
- [6:50] Insights into Aon’s approach to environmental impact.
- [10:50] Opportunities for colleagues to partner with Aon to have a meaningful impact.
- [14:02] We are all responsible for telling the Aon story and for ownership of our ESG strategy.
- [16:43] The multidimensional challenges of ESG risks.
- [19:10] Leslie, Lisa and Andy each reveal how they spend their time when not at work.
Additional Resources:
Aon’s website
2021 ESG Impact Report
Better Decisions For A Better World: Aon’s 2021 ESG Impact Report
Aon Announces the Aon United Growth Ownership Plan For Colleagues
HR Executive: Meet Aon’s first chief wellbeing officer’
Tweetables:
- “What we’re doing with ESG isn’t what we do on the side, it’s absolutely embedded in how we operate.” — Leslie Follmer
- “We’re giving people a lot of opportunities to manage their own footprint because that’s incredibly important to colleagues.” — Leslie Follmer
- “There is so much value that people bring when we collectively come together.” — Lisa Stevens
- “No one has to be an expert in everything, but we all have the responsibility to figure out how we all connect to get answers and greater value.” — Lisa Stevens
- “The way we win is to win together, and the strategy we have around the Aon story does that.” — Lisa Stevens
This year marks 70 years of Queen Elizabeth II reign, Queen of Great Britain, Northern Ireland and the Commonwealth. This exciting milestone brings the chance to reflect on how life would've been very different in 1952, especially as we think about technology, and the progress it has made.
Together, host Alexandra Lewis and Aon’s Chief Operating Officer James Platt discuss how far technology has advanced since Queen Elizabeth first took the throne. They also talk about how Aon is prioritizing innovation and digitization to help support clients and colleagues, as well as how Aon is building its technology operations to help support innovation at a larger scale.
- [2:20] While the smartphone has certainly revolutionized our life, James tells us that the Nespresso coffee machine is one of his favorite technological advancements.
- [2:39] Has the world of business kept pace with the consumer sector when it comes to technology?
- [4:14] James and Alexandra discuss how Aon has added applied technology and digitization in a way that serves colleagues and clients.
- [4:51] How Aon Business Services builds shared operations and technology capabilities across the firm for both colleagues and clients.
- [6:04] How does Aon help accelerate innovation on a larger scale? Alexandra and James discuss GRIP, the Global Risk Insight Platform.
- [10:03] How has Aon helped colleagues and clients get more comfortable and confident in working with artificial intelligence?
- [12:11] James talks about how he sees technology and data modeling help make predictions and recommendations in the future.
Additional Resources:
Aon’s website
Aon completes acquisition of CoverWallet, the leading digital insurance platform for small and medium-sized businesses
Aon’s James Platt On How Data Can Drive Business Growth
The One Brief: The Details of Data: Using Technology for Better Analysis
Tweetables:
- “If asked to say what the technology is that I really believe will transform how we operate and how many other financial service firms will operate? It’s really artificial intelligence and machine learning.” - James Platt
- “There’s a huge amount more we can do, but we’ve made some real progress.” - James Platt
- “We’re bringing fantastic people and brilliant data tools together to really make an impact for our clients. As the world evolves, we see new risks emerging and new ways of working at the same time.” - James Platt
Employee retention has become a matter of critical focus in the wake of the COVID-19 pandemic, as the Great Resignation continues to impact every industry. With insights into key elements that build a workforce for the future and how Aon is advising clients on supporting more resilient and agile employees, today’s guest understands that being Aon United is more important today than ever before.
Innovative solutions to skills shortages, effective rescaling and more valuable employee propositions are all part of the work of Aon’s Human Capital Strategy Lead Marinus van Driel. He has joined this week’s host, Aon’s North America Chief Operations Officer Kevin Johnson, to discuss employee retention and the results from Aon's 2022 Global HR Pulse Survey.
- [1:30] Dreaming about the best elements of Aon’s Human Capital practices.
- [2:40] Three key elements that build a workforce for the future.
- [6:08] Aon’s steps to reimagining a more agile workforce.
- [8:25] Megatrends in skills that are driving employee retention.
- [11:04] Emerging best practices among clients.
- [12:35] Key findings from Aon’s Global HR Pulse Survey.
- [15:49] Marinus reflects on what excites him most about his Aon career.
Additional Resources:
Aon's 2022 Global HR Pulse Survey
Video: How Are Companies Addressing the Great Resignation?
Four Strategies to Win and Retain Talent Amid the Great Resignation
LinkedIn Article around the Great Resignation
Reflecting on the Biggest HR Challenges of 2021 and Looking Ahead to 2022
Aon’s website
Tweetables:
“Employee resilience is more important now than ever before.” — Marinus van Driel
“Every day we’re having conversations with clients about supporting their employees in better ways.” — Marinus van Driel
“Our goal is to address any of our client’s biggest challenges in relation to retaining talent.” — Marinus van Driel
In 2021, Jillian Slyfield was appointed Aon’s Chief Innovation Officer to further build the firm’s Innovation at Scale strategy and help address growing unmet client needs around increased volatility, access to capital, underserved markets and resilient workforces. Today, she’s reflecting on her time in the role so far and how innovation continues to be a core component of the Aon United Blueprint.
This week’s host, Aon Senior Vice President, Health Solutions, Joey Raheb is joined by Jillian for a conversation highlighting the ways that the firm is working to overcome the challenges of a volatile global market and what the future of innovation at Aon looks like.
- [2:54] Insights into Aon’s Chief Innovation Officer role.
- [6:45] What does innovation mean at Aon today?
- [8:25] Overcoming current challenges in the insurance industry.
- [12:45] Highlighting the future of innovation at Aon.
- [14:20] Jillian’s tips for anyone who wants to join the Aon team.
Additional Resources:
Aon appoints Jillian Slyfield as Chief Innovation Officer
Silicon Republic: Aon’s chief innovation officer wants to tackle ‘complex’ challenges with tech
Jillian recently spoke at Future Human. Silicon Republic shared highlights from session.
Aon’s website
Tweetables:
“We’ve really established this track record of capabilities and solutions inside of Aon.” — Jillian Slyfield
“There’s no shortage of great ideas at Aon.” — Jillian Slyfield
“The volatility in our market and what’s happening in the world today requires all hands on deck.” — Jillian Slyfield
“Innovation is more relevant now than ever before.” — Jillian Slyfield
Aon’s Global Pro Bono Initiative, launched in 2014, is part of the firm’s commitment to making an impact around the world using the skills and experience of its people. As part of this initiative, in 2021, nine colleagues from Aon’s Law and Compliance team assisted with the Jim Crow Juries Project – a project dedicated to rectifying a set of criminal justice rules created by earlier jury practices in Louisiana formed during slavery.
This week’s host, Aon’s Head of Colleague Experience, North America, Andrea O’Leary welcomes Aon’s Global Law and Compliance Leader, Reinsurance Solutions, Peter Banick, for a conversation highlighting the Jim Crow Juries Project’s history as well as other Aon pro bono efforts and accomplishments.
- [2:19] How Aon’s pro bono team determines which causes to support
- [3:40] Historical insights into Aon’s contributions to the Jim Crow Juries Project
- [10:32] Aon’s inspiring role in the project
- [17:30] Highlights of Aon’s “Celebrate: Pro Bono and Social Responsibility Program”
- [19:50] The vision behind Aon’s non-profit advisory practice and skills-based volunteering
- [23:18] What Peter wishes more colleagues understood about Aon’s pro bono work and how others can get involved
Additional Resources:
2021 U.S. Insurance Awards: Aon, Community Outreach Project of the Year (Pro Bono and Volunteer)
Aon’s chief innovation officer wants to tackle ‘complex’ challenges with tech
Jim Crow Juries: The Promise of Justice Initiative
Aon’s website
Tweetables:
“This isn’t about us individually as lawyers, it’s about what we can do as a department to support this effort.” — Peter Banick
“This program has been a truly united and global effort at Aon.” — Peter Banick
“We aim to provide the best value we can to those who need it most….and the best way we can do that is in an Aon United manner.” — Peter Banick
Aon’s Early Careers programs provide unique opportunities for learning, growing and working in a collaborative environment. From internships to the Aon Apprenticeship program, Aon’s Early Careers programs offer students the chance to explore career opportunities and gain real-life professional experience and on-the-job learning.
To highlight some of the benefits of these programs, including professional networking and personal development, this week’s host, Aon’s Diversity Solutions Director Robert Simpson is joined by Aon Reinsurance Specialist Juawana Allen and Aon Associate Investment Consultant Ben Evans for a look at their experiences as a part of Aon’s Early Careers programs and the impact it has had on their careers and lives.
- [2:23] Juawana and Ben reflect on the community at Aon and the global nature of the firm.
- [6:31] Unique opportunities that come with Aon’s Apprenticeship program.
- [8:23] Building professional networks and personal relationships.
- [12:14] The impact of Aon’s Early Careers programs outside of the office.
- [18:23] Surprising aspects and benefits of these programs.
- [23:52] How these bright colleagues spend their time at the end of a good day at work.
Additional Resources:
Aon Summer Internship Program
Aon Apprenticeship Program
Launch: Aon’s Early Career Program
“On Aon” Episode 22: On Aon’s Diverse Talent Initiative with Meghan Parrilla and Josh Williams
Aon’s website
Tweetables:
“Having the opportunity to grow in a place where people are rooting for your development truly gave me the courage and motivation that it took to complete the program.” — Juawana Allen
“You’re able not only to build professional networks in the business but personal relationships with those who you will progress through the business
The past two years have been a challenge for everyone, not just physically, but also mentally. Many people’s lives look a lot different than they did two years ago, increasing the need for mental health support and assistance. To highlight some of the programs and benefits that Aon has implemented to promote colleagues’ mental health and wellbeing, this week’s host, Diversity Solutions Senior Leader of Global Spend Management Shelly Brown welcomes Chief Culture Officer Kelli Clark and Deputy Chief People Officer Anthony Scattone. Together, they discuss best practices for supporting colleagues in a virtual environment and some of the benefits of Aon’s multi-dimensional wellbeing programs.
- [2:01] How Anthony and Kelli are coping with the COVID-19 pandemic, two years in.
- [5:32] Evolving team management in a virtual workplace.
- [8:09] The role of flexibility and personal connections in supporting your team.
- [12:55] Aon’s multi-dimensional wellbeing programs.
- [14:48] Global holidays, physical wellbeing benefits and Mental Health first aid.
- [17:45] Highlights of Aon’s financial wellbeing program.
- [19:16] Aon’s Global United in Kindness Challenge.
Additional Resources:
2021 Global Wellbeing Survey
Ep 6: On Aon’s 2021 Global Wellbeing Survey with Stephanie Pronk
The Rising Resilient
The One Brief: The Pandemic Has Left Us All Burned-Out — Here’s How Employers Can Help
The One Brief: Why Workforce Wellbeing is Vital to Company Performance
Aon’s website
Tweetables:
“Pandemic or not, a priority is driving and establishing connections across the team.” — Kelli Clark
“Real people connections… are an overall contribution to our sense of wellbeing.” — Anthony Scattone
“To a greater and greater extent, we recognize the importance of the emotional and mental health aspect of employee wellbeing.” — Anthony Scattone
Many people are dealing with levels of inflation that they have never experienced before. However, in some countries, inflation has been a way of life for years. To explore the realities of what living in an inflationary economy is like, this week’s host, Aon’s Chief Operating Officer James Platt is joined by CEO of Aon’s South Cone, Franco Di Lucca. Franco discusses how inflation is a normal phenomenon in Argentina and shares six key steps for managing high levels of inflation.
- [1:10] The aims of the newly appointed regions of Aon LATAM.
- [3:50] Franco’s expertise in inflation.
- [4:49] Everyday realities in an inflationary environment.
- [7:18] Franco’s successful de-risking business strategy.
- [10:00] How does inflation affect Aon clients and how can we help them?
- [13:57] Six key steps to managing a business in an inflationary environment.
Additional Resources:
The One Brief: 2021’s Top 10 Risks: The Pandemic Shines a Spotlight on Interconnected Risks
Aon’s website
Tweetables:
“We are trying to take advantage of all of the skills we have in different countries.” — Franco Di Lucca
“The best thing you can do today is to be clear and honest with your clients.” — Franco Di Lucca
“You need to be faster than inflation. If you’re ahead of inflation, you’re doing good.” — Franco Di Lucca
The Aon Risk Reward Challenge is a unique, season-long competition across the PGA TOUR and LPGA Tour that highlights the game’s best players while celebrating the achievements of both men and women. On this special episode of the “On Aon” podcast, Aon’s Chief Executive Officer, North America, Jennifer Bell has an important conversation with Mollie Marcoux Samaan, commissioner, LPGA Tour, and Hannah Green, LPGA Tour professional and 2021 Aon Risk Reward Challenge winner, about gender equity in sports and how Aon’s Risk Reward Challenge is bringing attention to this issue.
- [1:31] Highlights of the Aon Risk Reward Challenge
- [3:00] Hannah’s plan for the million-dollar prize money
- [3:56] Aon’s inspiring focus on inclusion and gender equity in sports
- [6:57] Data points that call attention to the disparity between genders in sports
- [9:20] Changes that need to take place in the world of women's sports
- [12:01] Looking ahead to the 2022 Aon Risk Reward Challenge and all that is on the horizon for the LPGA
Additional Resources:
Aon’s Risk Reward Challenge
Hannah Green Wins The LPGA Tour Aon Risk Reward Challenge And $1 Million Prize
LPGA's Carlota Ciganda Joins Brooks Koepka As Inaugural Winner Of The Aon Risk Reward Challenge And Takes Home $1 Million Prize
Aon Announces First-Of-Its-Kind, Season-Long Golf Competition In Partnership With PGA TOUR And LPGA
Aon’s Risk Reward Challenge Recognized For Providing Equal Opportunity To PGA And LPGA Tour Members
Aon’s website
Tweetables:
“Sometimes in sports it’s just accepted that women will get paid less, and Aon has really stepped up and asked why?” — Mollie Marcoux Samaan
“It’s really nice that Aon has stepped up and finally made a move in helping all of us women.” — Hannah Green
“What are other things that we can do to provide great opportunities for these remarkable athletes and get people changing their mindset?” — Mollie Marcoux Samaan
Natural disasters are increasing in frequency and severity. Aon’s 2021 Weather, Climate and Catastrophe Insight Report evaluated how these disruptive events are resulting in global economic losses and outlined how leaders can address and assess these risks.To walk us through what businesses can do to build resilience and prepare for the inevitable impact of catastrophes, Aon’s President, Eric Andersen, has a discussion with host Alexandra Lewis about how Aon is working to protect and enrich lives around the world against the threats of extreme weather and natural catastrophes. They discuss Aon’s work to mitigate the impact of catastrophic events and the key findings from Aon’s 2021 Weather, Climate and Catastrophe Insight Report.
- [1:28] The key catastrophic events that have shaped Eric’s career focus.
- [3:20] The value of Aon’s report to clients.
- [4:42] Which findings from the report were the most surprising?
- [6:24] What can businesses do to protect themselves against catastrophic events?
- [8:15] The next key steps on Aon’s innovation agenda.
- [9:45] Tips for finding roles and building a meaningful career with Aon.
- [11:15] How Eric spends his limited free time.
Additional Resources:
Climate Change is Also Having an Impact on Everyday Health and Wellbeing - The One Brief
Aon: $343 Billion In Global Weather-, Catastrophe-Related Economic Losses Reported In 2021, Up From $297 Billion In 2020
Aon’s 2021 Weather, Climate and Catastrophe Insight Report
Ep 10: On Aon's Analysis of Climate and Catastrophic Events with Meteorologist Steve Bowen
Employment Opportunities at Aon
Aon’s website
Tweetables:
“People tend to downplay the risk or the significance of natural disasters and climate issues.” — Eric Andersen
“The goal with a report like this is to give our clients information that they can act on.” — Eric Andersen
“Clients are looking to us to help them think through how to manage all the aspects of climate risk or any real impact to their business.” — Eric Andersen
Aon’s Diverse Talent Initiative was created to diversify the candidate pool during the recruitment process. As part of this initiative, Aon is working with six universities, five of which are Historically Black Colleges and Universities (HBCUs), to create new opportunities and programs for students. Most recently, Aon, Brooklyn College’s Murray Koppelman School of Business and The Spencer Educational Foundation announced they will develop a series of cutting-edge risk management courses and programs at the undergraduate level to better prepare students for a career in risk management, insurance, finance and other professions. For an insider perspective on the impact of this initiative, host Kevin Johnson, Aon’s North America Growth Enablement Leader, is joined by Meghan Parrilla, Aon’s VP, Global Early Careers – Growth and Partnerships, and Josh Williams, Aon’s Early Careers Diversity and Partnership Lead. They discuss the highlights of Aon’s Diverse Talent Initiative and the effect it will have not only on Aon and the participating schools, but on the community at large.
- [1:40] Meghan and Josh each share what excites them most about their roles at Aon.
- [3:08] The role that Aon’s Diverse Talent Initiative plays in strengthening relationships with HBCUs.
- [5:45] What was the inspiration behind Aon’s Diverse Talent Initiative?
- [7:44] How Aon identified the six colleagues and universities for this initiative.
- [8:58] The opportunity with Brooklyn College and The Spencer Educational Foundation.
- [11:51] The impact of this collaborative program, including tuition awards, on Aon and on the community at large.
- [14:50] Josh shares his favorite non-work activity and Meghan reveals her morning must-haves.
Additional Resources:
Diversity & Inclusion at Aon
Aon Early Careers
Aon, Brooklyn College And Spencer Educational Foundation Launch Efforts To Support Diversity In Business
Inside P&C: Aon partners with Brooklyn College to promote diversity in business
Brooklyn Daily Eagle: New Academic Programs Offer Scholarships
Aon’s website
Tweetables:
“We’re forming partnerships and genuine relationships on a level that is much deeper than we usually do.” — Meghan Parrilla
“To see these relationships grow with each campus that we’re involved with has been so rewarding.” — Josh Williams
“We have had some amazing engagement from our colleagues and it’s so great to see them really get behind and care about it.” — Meghan Parrilla
“This is really a collaborative partnership and we’ve seen this opportunity to impact students' lives beyond just the academic and career opportunities.” — Meghan Parrilla
“We want to be able to impact the communities behind these universities as well as meet students at a place where they can succeed.” — Josh Williams
We are joined this week by Aon CEO Greg Case, who shares his thoughts on how Aon is heading into 2022 with more momentum than ever before. Greg discusses how the firm has expanded its ability to help clients and innovate at scale to address their emerging needs in an increasingly complex and interconnected world. Greg dives into the importance of inclusive people leadership and how creating an environment that fosters accountability and transparency is crucial to the success of Aon. He shares why he is inspired by Aon colleagues coming together to support each other during the COVID-19 pandemic and notes how this only proves the concept of Aon United – working together as one firm to shape decisions for the better and drive sustainable growth.
- [2:01] Greg shares a few of his biggest takeaways as the CEO of Aon.
- [4:08] What is Aon United, and why can it help us tackle the idea of “momentum never sleeps”?
- [7:00] With such an uncertain 2020 and 2021, why is Greg excited for what 2022 will bring? What does he look forward to in 2022 and beyond?
- [10:05] Greg shares how Aon is well positioned to help clients in 2022 and beyond, with greater opportunity, momentum and passion .
- [10:42] Why is inclusive people leadership so vital to the success of the firm?
- [14:02] What are the most important things our firm should be focused on to better serve our clients in 2022, as clients face more volatility and risk than ever before?
- [20:28] Greg discusses how distributed problems require integrated solutions.
- [22:07] What are some of the personal and professional takeaways Greg has come upon throughout the pandemic?
Additional Resources:
The One Brief
Aon United Blueprint
Overview of Aon client needs
Aon’s website
Tweetables:
- “Momentum never sleeps.” - Greg
- “You’ve got to be actively leading, working together and supporting each other to strengthen the firm, or your firm doesn't grow.” - Greg
- “Leading organizations foster and nurture individual development and excellence, but they also celebrate collective achievement in so many ways.” - Greg
- “Aon is in the business of better decisions. We’re literally helping clients address a very complex world and make better decisions because we can provide insight and guidance that no one else can to support their businesses.” - Greg
- “We see the power of inclusion; we see what it can mean for us.” - Greg
As we look ahead to 2022, we asked several colleagues at Aon what trends clients should be thinking about heading into the New Year. From the importance of Environmental, Social and Governance (ESG) considerations, to heightened climate change impacts and cybersecurity risk, the final episode of 2021 offers some predictions for the new year and guidance on how to prepare for what is to come.
- [:36] Christine Williams, Global Financial Lines and Professional Services Leader for Aon’s Commercial Risk Solutions, on the importance of prioritizing cybersecurity in the new year.
- [2:14] Jennifer Richards, Head of Aon Australia, shares how ESG positioning is crucial for companies in 2022.
- [4:08] Proactive planning can influence companies’ talent pipelines and corporate resilience, according to Violetta Ostafin, Global Chief Operating Officer, Health Solutions.
- [6:03] Rory Moloney, Chief Operating Officer and Head of Strategic Client Advisory for Aon’s Large Account Segment, shares how this year’s Global Risk Management Survey is impacting the trends that he’s keeping an eye on in 2022.
- [8:08] Steve Bowen, Managing Director and Head of Catastrophe Insight, and Christina Hopper, President, Aon Affinity Consumer Solutions Group, are helping clients brace for the impacts of climate change in 2022.
Additional Resources:
2021 Global Risk Management Survey
2021 Cyber Security Risk Report
The One Brief
Aon’s website
Tweetables:
“We do anticipate a more stable marketplace in 2022 for our clients, with the exception of cyber.” — Christine Williams
“ESG is presenting enormous challenges, as well as opportunities, for those who can get it right.” — Jennifer Richards
“I expect to continue to see runway in relevance as employers look at how to best shape the right programs, benefits and support options for their employees.” — Violetta Ostafin
“It’s really important to look at the holistic corporate portfolio, new and old, and make better decisions based on the information you have.” — Rory Moloney
“It’s highly likely that we’ll continue to see more of these very unusual types of weather events, which are leading to even greater levels of damage than we’ve seen before in the past.” — Steve Bowen
“The short answer is that for 2022, we expect an extension of the trend we saw in 2021, and that is that insurance continues to become more relevant to more individuals than it has in the recent past.” — Christina Hopper
The results of Aon’s Global Risk Management Survey showcase the main risks that businesses are facing today. This year’s results highlighted the interconnectivity of risk, and the impact that the COVID-19 pandemic has had across all threats. With more reliance on technology than ever before, cyber risk reached its highest rank since the inception of the survey, as the #1 concern among risk managers. The findings of this survey not only shed light on the risks that are top of mind, but also how Aon can help clients address and mitigate them. In this episode of “On Aon,” host and Senior Vice President, Health Solutions Joey Raheb welcomes Chief Operating Officer and Head of Strategic Client Advisory for Aon’s Large Account Segment Rory Moloney for a look at the results of the study and the impact it has on Aon.
- How the Global Risk Management Survey is conducted and what it has helped Aon uncover. [:55]
- Why is cyber at the top of the survey findings this year? [5:28]
- The biggest surprises in the results of this year’s survey. [8:25]
- Key considerations regarding the future of ESG and climate change. [10:23]
- How does Aon work to support clients with partially insurable or uninsurable risks? [13:05]
- The ripple effects from the pandemic are clear in the findings of this survey. [17:30]
- Rory’s favorite (non-pandemic) pastime. [20:18]
Additional Resources:
2021 Global Risk Management Survey
2021 Global Risk Management Survey Press Release
2021 CEO Better Decisions Research
Aon’s website
Tweetables:
“This survey has helped shape our Aon United approach to helping clients manage those connected risks.” — Rory Moloney
“What you don’t want to do is wait until you have enough events so that you understand the risk.” — Rory Moloney
“The ripple effect of the pandemic has been both direct and indirect and it’s shaping our concerns of the future.” — Rory Moloney
Organizations around the world are increasingly focusing on the impact of environmental, social and governance issues, commonly called ESG. At its core, ESG is all about risk. From climate change and supply chain to reputation and brand, ESG topics are central to executive and board-level discussions at every firm. Historically, ESG was a lens through which socially conscious investors could evaluate investment opportunities. Today, more and more firms are considering environmental, social and governance risks, opportunities, impact and stakeholders in their daily operations. In this episode of “On Aon,” host Andrea O’Leary, Chief People Officer for Enterprise Clients and Innovation, is joined by Aon’s Head of Investor Relations and ESG Leslie Follmer for a discussion about Aon’s approach to ESG, as well as how broader ESG trends are shaping Aon’s work with clients, counseling better decisions.
- Leslie’s professional inspiration comes from the people she interacts with daily. [:58]
- Defining ESG and its importance and impact at Aon. [2:46]
- Aon’s current firm-wide strategies regarding environmental, social and corporate governance. [6:05]
- Aon’s commitment to net-zero emissions by 2030 is a keystone of our environmental efforts, but how exactly are we working to achieve it? [9:25]
- The success of the social aspect of Aon’s ESG efforts can be seen through the lens of our clients, our culture and our investors. [11:03]
- Details regarding Aon’s corporate governance efforts. [12:52]
- How exactly ESG fits in as one of the five pillars of the Global Inclusive Leadership Council. [14:11]
- Leslie’s main aims in her role leading ESG at Aon. [16:58]
- What insider tip would Leslie offer to anyone who is looking to join Aon? [19:22]
Additional Resources:
Aon’s website
Aon’s 2020 Impact Report
ESG intersects with our client work and company culture. For continued listening, check out our past episodes on our climate commitment (ep. 1), our inclusion and diversity efforts (4), climate and catastrophic events (10), and our apprenticeship program (16).
Global Special Report: Helping Organizations Chart a Course to The New Better
Tweetables:
“ESG is ultimately about risk.” — Leslie Follmer
“If you’re really thinking about ESG in the right way, it really impacts what your company is doing across your strategy.” — Leslie Follmer
“If you take care of your people, they take care of your clients, and that takes care of your business.” — Leslie Follmer
“The ESG commitment is not just about what we’re saying, it’s about what we’re doing.” — Leslie Follmer
Merger and acquisition (M&A) transactions are increasing – in frequency and complexity, according to Aon’s M&A C-Suite report and insights. Dealmakers have rarely experienced a period like this; each quarter since late 2020 seems to set new records in terms of global deal value or volume, as recovery in M&A activity from the lows of the COVID-19 pandemic continues. In this episode of “On Aon,” host Julia Olivares, Head of Internal Communications, Aon Australia, is joined by Aon’s Global Co-CEO of M&A and Transactions Solutions Alistair Lester for a discussion about Aon's M&A and Transaction Solutions and Aon’s recent report. Together they review the key values and risks associated with M&A, the main factors that have contributed to the growing complexities in the M&A space and how the ways in which dealmakers define and calculate “value” have evolved.
- Alistair highlights the key values and risks of M&A, including background on Aon’s due diligence practice and building insurance instruments. [1:06]
- The three main factors that have contributed to the growing complexities in the M&A space. [4:35]
- Rethinking M&A starts with a focus on value for clients. [6:44]
- Key takeaways from the recent M&A C-suite study regarding ESG and digitalization. [9:24]
- The widespread and long-lasting impact of COVID-19 on the M&A landscape. [14:11]
- Surprising transactions in recent M&A activity. [17:41]
- A look at what is coming up next for Alistair at Aon. [19:28]
Additional Resources:
Don’t miss the full M&A C-Suite series, and press release.
Find more M&A and Transaction Solutions insights here.
ICYMI, episode 8 featured Lewis Lee, CEO of Aon’s Intellectual Property Solutions, discussing intellectual property valuation. Listen here.
Aon’s website
Tweetables:
“We’re bringing the huge capital of the insurance industry to bear in a slightly different context by deploying insurance instruments in M&A deals.” — Alistair Lester
“These are issues that are affecting policies, whether they’re doing a multi-billion-dollar transaction or a single figure, million-dollar transaction.” — Alistair Lester
“We believe ESG due diligence will become as important as financial due diligence in the very near future.” — Alistair Lester
What does it take to find and attract the next generation of talent? In a world where talent is distributed equally across the board but opportunities aren’t, Aon is working hard to bring the greatest talent into the company (and the broader workforce) with their award-winning apprenticeship program. In this episode of “On Aon,” host Alexandra Lewis, Chief Marketing Officer, Reinsurance, welcomes Marc Armstrong, Managing Principal and Dawn Spreeman-Heine, Managing Director of Commercial Risk for a conversation about the ways that corporate apprenticeships can expand access to incredible talent and create family-sustaining careers that strengthen our communities. They cover ways to build a resilient workforce and the power of apprentices in boosting diversity and attracting and retaining quality talent.
- Marc highlights the importance of Aon apprenticeships in an increasingly difficult talent acquisition and retention world. [1:16]
- The expansion of the Aon U.S. Apprenticeship Program to six additional cities. [4:00]
- What benefits and training can new apprentices expect from this widely successful program? [5:52]
- Aon’s work to increase awareness of and interest in the apprentice program – and what other employers can do. [7:10]
- How this effective talent strategy creates great opportunities in cities around the country. [9:45]
- Key benefits for the employers who take advantage of the program. [11:32]
- The impact of the apprentice program on Dawn’s professional and personal life. [13:04]
- The satisfaction of bringing this program to Marc’s hometown and the lessons he’s learning from the apprentices. [14:01]
Additional Resources:
Aon’s website
More information: for potential Aon apprentices and employers interested in launching an apprenticeship program.
In 2021, Aon launched programs in Houston, New York, Northern California, Minnesota, Philadelphia and Washington, D.C.
Aon was recently named to Fortune’s Change the World List for its apprenticeship program, and won a 2021 TARGETjobs National Graduate Recruitment Award for a similar program in the UK.
Tweetables:
“We know that when we have a more diverse group of colleagues sitting around the table working on client problems, we come up with better solutions.” — Marc Armstrong
“The return on this investment has proven to be well worth it.” — Dawn Spreeman-Heine
“This program is a game changer for our apprentices.” — Marc Armstrong
“Talent is equally distributed throughout the population but opportunities are not.” — Marc Armstrong
“I’m full of optimism and hope, and I’m going to attribute much of that to this program.” — Dawn Spreeman-Heine
Depression is the top cause for ill health around the world, and yet mental health rarely receives the attention and support that is needed to improve wellness. Aon is working to change that. In this special episode of “On Aon,” host Lisa Stevens, Chief People Officer and Head of Global Human Capital Solutions at Aon, is joined by Shekhar Saxena, Professor of Global Mental Health at Harvard, to discuss how we talk about mental health in the workplace, how to be on the lookout for those in need and more. Saxena is a psychiatrist by training, and he spent several decades at the World Health Organization and authored more than 300 academic papers. They discuss the importance of focusing on mental health, the impact that the COVID-19 pandemic has had on mental health around the world, the responsibility that organizations have to provide a mentally healthy and safe environment for their employees and how organizations can help and support employees who are struggling to maintain their mental health.
- Saxena’s professional journey in the practice and science of global mental health. [1:36]
- “Mental health is health” -- why you need to keep your mental health healthy. [4:02]
- Every organization should be focusing on the mental health of their employees. [6:14]
- How can we increase and improve conversations about mental health? [7:08]
- Early signs of declining mental health in yourself and your colleagues. [10:48]
- Three strategies to improve mental health and decrease burnout. [14:20]
- Insights into the future of the workplace and mental health. [18:40]
- Aon’s newly revealed values and activity to support mental health in the workplace. [22:35]
Additional Resources:
Learn more about Shekhar Saxena below, and read through his research and material here
Learn more about One Mind at Work
“Depression: let’s talk” says WHO, as depression tops list of causes of ill health
Aon’s 2020 Health Survey explores the impact of COVID-19 on employee wellbeing, and how employers can support their people. And in case you missed it, check out “On Aon” episode 6, focused on Aon’s 2021 Global Wellbeing Survey
Aon’s The One Brief: The Impact of Mental and Emotional Health on Employee Wellbeing
Looking for more? The Well One app provides Health & Wellbeing Resources to support individual and employee health
Aon’s website
More on Shekhar Saxena:
Shekhar Saxena is the Visiting Professor of Global Mental Health at the Harvard T.H. Chan School of Public Health.
A psychiatrist by training, he was in the faculty of AIIMS, New Delhi before he joined the World Health Organization (WHO) in 1998. From 2010 to 2018, he was the Director of the Department of Mental Health and Substance Abuse at the WHO. Author of more than 300 academic papers, he was an editor of the Lancet Commission on Global Mental Health and Sustainable Development in 2018. His expertise includes providing evidence-based advice and technical assistance to policy makers, businesses and civil society on mental health promotion and prevention and management of mental, developmental, neurological and substance use disorders and suicide prevention.
More on Lisa Stevens:
Lisa Stevens is Aon’s Chief People Officer (CPO) and Head of Global Human Capital Solutions. As CPO, she is responsible for creating, implementing and leading the strategies that empower Aon’s 50,000 colleagues serving clients in over 120 countries to fully align with the client-centric Aon United mission. Stevens leverages her ability to deliver business results as she leads the People Organization, including culture & change, talent, rewards and diversity, equity & inclusion strategies and their global functions. Reporting to the CEO, Stevens plays a critical role in overseeing the coaching and executive talent development and succession planning strategies for Aon. In addition to her CPO role, Stevens leads Aon’s Global Human Capital Solutions, which provides clients with a powerful mix of data, analytics and advice to help them make better workforce decisions. With 2,000 colleagues across 30 countries, the team includes Rewards, Talent Assessment, Corporate Governance, Environmental, Social and Governance consulting and performance & analytics practices.
Stevens joined Aon in 2018 as Executive Vice President of Aon United Operations, where she led the Delivering Aon United strategy and adoption to accelerate client value creation and drive growth by increasing collaboration across geographies and solution lines.
Her leadership objective is for colleagues around the world to be inspired by the Aon United mission, committed to professional development and work as a unified global team to build and be a part of a firm that consistently delivers great outcomes for clients, and even greater impact in the communities we serve around the world.
Tweetables:
“Especially during the COVID-19 time, I am very interested in seeing to it that organizations do better for the mental health of their employees and staff.” — Shekhar Saxena
“Mental health has to be very clearly differentiated from mental illness and disorders.” — Shekhar Saxena
“We should create an environment… where we can talk freely about our own mental health and emotional wellbeing.” — Shekhar Saxena
“Be kind to others while being kind to yourself.” — Shekhar Saxena
“Organizations have a responsibility to provide a mentally healthy environment.” — Shekhar Saxena
What motivates Aon colleagues to show up for their clients every day? Why do we do what we do and what do we deliver to our stakeholders? How do we bring solutions to life for our clients? The answers to these big questions can be found in the exciting recent announcements that galvanize around Aon’s strategic future. In this episode of “On Aon,” host Fernanda Joaquim welcomes Aon’s Chief Culture Officer Kelli Clark and Global Head of Brand Stuart Green for a conversation about Aon’s efforts to shape decisions for the better to protect and enrich the lives of people around the world. They discuss Aon’s longstanding tradition of excellence, recent changes and exciting announcements about ways that Aon is working to elevate the purpose, proposition and people shaping Aon's brand experience.
- If Aon didn’t exist, would it need to be created? [1:46]
- Articulating the value that Aon offers its clients. [4:01]
- The three-step process that aims to maximize the colleague experience at Aon. [5:10]
- The origin story of Aon’s values illustrates what motivates our colleagues. [6:26]
- What is a brand? + the evolving visual identity of Aon’s global presence. [9:37]
- Celebrating and signaling this shift with fellow colleagues. [12:13]
- Amidst exciting announcements, the underlying essence of Aon hasn’t changed. [14:57]
- Focusing on your people is the right path to choose. [17:01]
- Stuart’s hidden (“terrible”) skill and Kelli’s grounding purpose in every day. [17:58]
Additional Resources:
Aon’s website, featuring the new brand
Learn more about Aon’s purpose and values here: Who we are
Watch our Aon Story video
Report: Helping Organizations Chart a Course for the New Better
Dive into our recent survey of 800 global C-Suite leaders, “A New Approach to Volatility: The Importance of Making Better Decisions.”
More on the Aon United Growth Ownership Plan for colleagues
Tweetables:
“In many ways the relevance of Aon should be stronger than ever.” — Stuart Green
“Our colleagues are passionate about serving clients.” — Kelli Clark
“We aim to present Aon to the world in a way that amplifies our purpose and proposition.” — Stuart Green
“It’s incredible to see how far we’ve come… but we’re really only at the beginning as we continue this evolution.” — Kelli Clark
There is no golfing event quite as significant and unique as the Ryder Cup. From the unusual team selection to Aon’s awarding of the inaugural Nicklaus-Jacklin Award, this event is highly anticipated and thoroughly enjoyed around the world. In this special edition of “On Aon,” Aon’s CEO of EMEA, Eduardo Dávila, welcomes two special guests: Aon Ambassador, former PGA TOUR and U.S. Ryder Cup Team caddie and NBC Sports Commentator Jim “Bones” Mackay, as well as Irish professional golfer and Ryder Cup former Team member and Past Captain Paul McGinley. They talk about sportsmanship, partnership, making better decisions and the Ryder Cup—happening this week at Whistling Straits.
- Paul and Bones detail their experiences with the Ryder Cup. [:55]
- The significance of the Nicklaus-Jacklin Award presented by Aon. [3:05]
- Key differences between the Ryder Cup and other major golfing events. [7:03]
- Insights into the player-caddie relationship in this unique competition. [8:43]
- The impact that data and analytics have on team selections and other considerations. [10:51]
- “Always remember to make the big thing the big thing.” [14:30]
- Mealtimes, bedtimes and other cultural differences between U.S. and European teams. [15:12]
- Ryder Cup predictions from the world’s most renowned caddie. [17:23]
- Factors that might give the European team the advantage at this year’s Ryder Cup. [19:43]
About the Nicklaus-Jacklin Award:
The Nicklaus-Jacklin Award presented by Aon commemorates the famous Nicklaus-Jacklin Ryder Cup ‘concession’ in 1969. The award recognizes a player from both the U.S. and European Ryder Cup teams who best embodies the spirit of the Ryder Cup and better decision-making. Recipients of the inaugural award will be selected by a committee consisting of Jack Nicklaus, Tony Jacklin, other past European and U.S. Ryder Cup Captains, representatives from Sky and NBC Sports and Carlo Clavarino, Executive Chairman, International, Aon. Learn more.
Additional Resources:
History of the Sept. 20, 1969 concession.
More information on: Jack Nicklaus, Tony Jacklin, Bones Mackay and Paul McGinley
And meet Eduardo Dávila, CEO of EMEA at Aon.
Aon also sponsors the Aon Risk Reward Challenge, a season-long competition across the PGA and LPGA Tours that highlights golf’s best strategic decision makers. Learn more about Aon’s golf partnerships.
Aon’s website
Tweetables:
“I’ve got nothing but really good experiences and memories of my Ryder Cup career.” — Paul McGinley
“My one goal was to caddie in a Ryder Cup.” — Bones Mackay
“It’s easy to go down rabbit holes and look for marginal gains…but we mustn’t lose sight of what the big factors are.” — Paul McGinley
“At Aon we try to caddie for our clients. We are trying to advise them and be the trusted advisor that they will follow.” — Eduardo Dávila
Companies today are faced with the staggering task of developing return-to-office plans while navigating the ever-changing threat of COVID-19. What are the right return-to-office policies regarding vaccination requirements and in-person work exemptions that will best ensure the safety of the community at large? To help understand these evolving guidelines, on this episode of “On Aon,” host Andrea O'Leary, Aon’s Senior Director of Culture and Change, welcomes Aon’s Chief Medical Officer, Dr. Neal Mills. They discuss the challenges and possibilities that are still facing all of us as businesses respond to the latest developments in the COVID-19 pandemic.
- What about his business and health profession most inspires Neal? [1:19]
- Key considerations when returning to the office in today’s uncertain pandemic environment. [2:07]
- How are companies enforcing return-to-office policies, if at all? [6:12]
- The ever-changing and cascading decisions that employers are tasked with making. [9:28]
- What are the important things to know about COVID-19 right now? [11:12]
- Insight regarding vaccine boosters. [13:45]
- Neal offers his best guess on when the pandemic will actually end. [16:00]
- Neal reveals his next big global project at Aon. [18:35]
Additional Resources:
Aon’s website
COVID-19 Pulse Survey: U.S. Vaccination Trends
COVID Isn’t Gone: What Employers Need to Know About the Delta Variant
Aon Webinar: Tactical and Logistical Planning for COVID-19 Vaccinations
Looking for more from Dr. Mills? He shared insights on The One Brief about Delta and other COVID-19 variants. Dr. Mills and many other Aon clinicians have also played integral roles in the global Work, Travel and Convene coalitions.
See Dr. Mill’s recent media coverage in Fortune, The New York Times, Wall Street Journal, The Business Journals, CNBC Make It and CBS News.
Tweetables:
“This pandemic situation is so dynamic. There is so much information changing and it’s all happening in real time.” — Dr. Neal Mills
“We need to be more vigilant right now than we have ever been.” — Dr. Neal Mills
“The work and innovation that is going to come out of this collaboration is going to be staggering.” — Dr. Neal Mills
From canceled once-in-a-lifetime vacations to bringing home a furry new family member, the COVID-19 pandemic presented an unprecedented need for Aon to protect what matters most. At Aon Affinity, this meant diving deep into the shifting needs of consumer clients and providing products and solutions when they were needed most. On this episode of “On Aon,” host Sheena Singh, Senior Vice President for Aon’s National Healthcare Industry Vertical in Health Solutions, is joined by Christina Hopper, President of the Consumer Solutions Group within Aon Affinity, for a conversation about consumer trends over the past two years. They cover pets, travel, TikTok, pandemic parenting, shifting to a remote work environment, weddings—and the coverage Aon offers consumers through Aon Affinity.
- The encouraging career advice that Christina would give herself if she were entering the workplace today. [:55]
- What products and services are offered by Aon Affinity? [2:38]
- The changing needs of clients in light of the pandemic and subsequent product changes at Aon Affinity. [5:23]
- Surprising trends around pandemic puppies and pet insurance. [9:35]
- Which industries were most impacted by the pandemic and will take the longest to recover? [14:00]
- Some emerging pandemic trends just might be here to stay. [15:42]
- Christina’s once-in-a-lifetime chance to experience her family. [17:34]
Additional Resources:
Aon’s website
Aon Affinity
Interview: Beth Godlin, President of Aon Affinity’s Travel Practice
Tweetables:
“We have to get very deep and specialized into the industries that we support.” — Christina Hopper
“We think deeply about the industries and our customers and then we build the products they need.” — Christina Hopper
“It’s clear that people want to protect what they cherish.” — Christina Hopper
“COVID-19 was a lesson in not knowing what we didn’t know, but knowing we want to be protected when that next thing happens.” — Christina Hopper
Hurricanes and polar vortexes and drought, oh my. In 2020 alone, global natural disasters caused more than $268 billion in economic damage. Aon is constantly working to prepare clients for catastrophic weather events and the impact of climate change. On this episode of “On Aon,” host Maria Harshbarger, Health Solutions Chief Client Officer at Aon, is joined by Aon’s Head of Catastrophe Insight, Steve Bowen, for a conversation about extreme weather events and helping clients prepare for long-tail risks.
- The force of nature that attracted Steve to the field of meteorology. [1:10]
- How do meteorologists begin the process of predicting catastrophic weather events? [2:32]
- The effect that changes in weather patterns have on client relationships. [4:42]
- Helping clients prepare for the impact of climate change starts with effective communication. [6:47]
- Why do we view disasters in a different light now than we did in the past? [9:18]
- Steve recalls his favorite concert from his favorite band. [12:45]
Additional Resources:
Aon’s website
NOAA: The National Oceanic and Atmospheric Administration
What can we learn from 2020’s natural catastrophes? Access the latest Global Catastrophe Recaps from the Aon team here.
Learn more about Steve and his role in his “I’m From Aon” feature video.
As Aon’s unofficial Chief Meteorologist, Steve frequently speaks with media about catastrophic weather events. See past materials on: floods, derechos, hailstorms, wildfires, climate change and, well, 2020.
A podcast veteran, Steve was a guest on the Weather Geeks podcast in 2019.
Meteorology and Metallica tweets @SteveBowenWx
Tweetables:
“The weather is critical for basically everything that we do.” — Steve Bowen
“It’s becoming more and more obvious that climate change is having a real impact on day-to-day weather events.” — Steve Bowen
“The climate change train has really started to roll and it’s not going to be stopping once it’s going down the tracks.” — Steve Bowen
As cyber ransomware attacks soar (they increased 485 percent in 2020), only 31 percent of organizations report having adequate business resilience measures in place to deal with ransomware threats, according to Aon data. No segment or industry is immune from these attacks, which makes the work of navigating and mitigating cyber risk more important than ever. Cyber insurance products have become a key component of insurance portfolios, growing to a $7 billion global industry and taking the need for Aon’s expertise to critical levels.
In this episode of “On Aon,” Joey Raheb, Senior Vice President of Health Solutions & Large Market Sales Leader, is joined by Christian Hoffman, CEO of Aon's Cyber Solutions, North America, for a conversation about the evolution of cyber risk over the past 20 years. They discuss what organizations need to be focusing on today and unpack the findings from Aon’s recently released 2021 Cyber Security Risk Report.
- Christian recalls the unsettling events that led to his work in the field of cyber risk. [0:55]
- A look at all that has changed in cyber risk over the last 20 years. [3:52]
- The evolution of the focus on cyber security from the C-suite down. [6:25]
- The impact of the COVID-19 pandemic on the cyber risk landscape. [7:29]
- Key findings from Aon’s 2021 Cyber Security Risk Report. [9:44]
- What is preventing organizations from taking the next needed step toward increased security? [12:25]
- Main considerations when approaching greater cyber security. [14:45]
- Christian shares what gets him up and moving in the mornings. [15:58]
Additional Resources:
Aon’s Cyber Solutions
Aon’s 2021 Cyber Security Risk Report
CyQu: Cyber Quotient Evaluation from Aon
The Insurer: Combatting cybercrime requires consequences, capital and collaboration – contributed editorial from Aon’s Catherine Mulligan and James Trainor
Mulligan and Trainor also dove in deeper in a video interview with The Insurer
Aon’s website
Tweetables:
“The cyber insurance product is now such a key component of our clients’ insurance portfolios.” — Christian Hoffman
“All departments need to be connected and collaborating around the topic of cyber security.” — Christian Hoffman
“There is still tremendous work and enhancement and maturity for organizations in the cyber security space.” — Christian Hoffman
“Taking a holistic approach and aligning stakeholders ultimately will provide the best results for organizations.” — Christian Hoffman
Over the last 40 years, the global economy has evolved to one that values and prioritizes innovation. Intangible assets today account for 90% of the S&P 500's total market value, up from 17% in 1975. Every business today views innovation as critical, and so now the question for companies is how do you optimize conversion of that innovation into an asset class that can then be leveraged to make companies more valuable? Enter intellectual property.
On this episode of “On Aon,” host Sheena Singh speaks with Lewis Lee, CEO of Aon’s Intellectual Property Solutions about Aon's ground-breaking work identifying, valuing and protecting intellectual property (IP)—and finding ways to convert that IP into non-dilutive capital.
- Lewis shares the inspiring mission of his work with innovation and intellectual property. [1:00]
- What is the value of understanding and unlocking the potential of a company’s IP portfolio? [4:40]
- The key connection between innovation and intellectual property. [7:20]
- Strategic steps companies need to take to articulate their IP value. [9:49]
- Aon knows how to help clients monetize their IP value. [12:35]
- Creating solutions that keep up with the constantly increasing speed of innovation. [15:02]
- How is Aon focusing on inclusion and diversity in the inventor and market space? [16:51]
- Lewis shares the market disruptor that he wants to have a hand in inventing. [20:00]
Additional Resources:
Aon’s website
An overview of Aon’s IP Solutions and IP Liability Insurance
Insights and thought leadership content from Aon's IP Solutions team
Business Insider: How Aon is redefining the value of intellectual property
Deanna Emery, a Lead Data Scientist at Aon, shares more information on Aon’s work building out diversity solutions for inventors and creators
Press release: Aon's New Quality of Intellectual Property Solution Helps Companies Realize Full Value of their IP Portfolio
Tweetables:
“We live in an incredible economy that is innovation-driven.” — Lewis Lee
“Today every business is under disruption because of the technology revolution, and that’s great.” — Lewis Lee
“IP is the real classification of how you take innovation and make it into something tangible.” — Lewis Lee
“The more diverse your inventorship teams are, the better the assets you have coming out the other side.” — Lewis Lee
Governments around the world are becoming increasingly aware of the power of partnering with private sector companies such as Aon to combat pandemics, climate change, cyber attacks and more. On this episode of “On Aon,” host Alex Lewis welcomes Aon’s Public Sector Partnership CEO Joe Monaghan for a discussion about the critical value of joining private and public sector forces to make a real impact. Joe shares a high-level view of the opportunities that these partnerships create as well as the key to Aon’s successful delivery of their most innovative initiatives.
- Joe shares the inspiring work that Aon is doing to make the world a better place. [1:02]
- Lessons learned from collaborations between government and the private sector. [2:48]
- The impressive impact these collaborations have on governments and their communities. [5:33]
- The two keys to Aon’s successful delivery of these initiatives. [8:03]
- Overcoming the obstacles that prevent making the most of these opportunities. [10:12]
- How is Aon creating innovative solutions that make dollars — and sense — for the government? [14:00]
- Joe’s tips for keeping cool when the work gets hard. [15:27]
Additional Resources:
Aon’s website
Hear Joe in another Aon podcast, Aon’s “Public Affairs Update.”
The Insurer: Public bodies’ insurance interest spikes as Covid-19 bites budgets
Public Sector Partnership Pandemic Fraud Video
More on Aon’s Public Sector Partnership and Aon’s Public Sector Solutions page
Tweetables:
“My biggest inspiration is the opportunities that we have here at Aon.” — Joe Monaghan
“We’re thinking very critically about how we can develop new tools and new solutions to create impact on behalf of governments.” — Joe Monaghan
“One of the critical elements in terms of finding solutions here is finding ways to align all the incentives.” — Joe Monaghan
“We’re working as an insurance industry to help the government analyze the cost benefit in a way that is meaningful and credible.” — Joe Monaghan
Over the course of the COVID-19 pandemic, one topic has been front and center in the minds of many employers — the mental health and wellbeing of employees. Employee wellbeing is key to business performance, and maintaining it needs to be a critical component of company DNA. On this episode of “On Aon,” host Nico Page, Global Program Manager for Aon Business Services, and Aon’s Senior Vice President of Commercial Risk and Health Solutions Stephanie Pronk, delve into Aon’s 2021 Global Wellbeing Survey.
- Stephanie shares her personal approach to wellbeing and stress reduction at work. [1:06]
- Does employee wellbeing affect company performance? [2:21]
- Business success metrics and predictive analytics used in Aon’s wellbeing survey. [3:43]
- Effective mitigation strategies to maintain wellbeing and business performance. [7:05]
- A successful wellbeing strategy starts with these two key points. [10:21]
- The evolution of the workplace and employee support as a result of COVID-19. [12:18]
- Three areas of employee wellbeing that employers need to focus on moving forward. [15:55]
- Stephanie shares her professional challenges and triumphs. [18:11]
- The surprising rural hobby that keeps Stephanie active. [20:03]
Additional Resources:
Aon’s website
Aon’s 2021 Global Wellbeing Survey
“The Benefits of Psychological Safety at Work, and How to Foster It”
“Aon: Survey finds direct connection between employee well-being, business performance”
Tweetables:
“If you have leadership support and a strategy in place, it will lead to high wellbeing performance that will lead to business outcomes.” — Stephanie Pronk
“Wellbeing is more than a program. It’s a people and performance strategy.” — Stephanie Pronk
“There are a lot of opportunities here for employers to focus on the healthy living aspect that will keep all of us productive and performing.” — Stephanie Pronk
In the race against time to vaccinate the world’s population, Aon has been working on an innovative industry collaboration that is making a positive impact on the biggest global health crisis of our time. On this episode of “On Aon,” host Maria Harshbarger, Chief Client Officer at Aon, is joined by Aon’s Co-Leader of Global Specialties and CEO of Global Marine Lee Meyrick for a conversation about Aon’s work to ensure the safe delivery of global COVID-19 vaccine shipments.
- Lee’s take on the successful vaccination rollout in England. [1:29]
- His tasteful hidden talent. [2:59]
- How Aon is using cargo insurance and advanced technology to protect the vaccines. [3:50]
- The impressive collaboration necessary to deliver 10 billion vaccines worldwide. [6:20]
- How did technology enable this fast-paced vaccine delivery? [9:45]
- The positive impact that improved risk management has had on vaccine delivery efforts. [12:39]
- Details regarding Aon’s plan to donate 100% of 2021 revenue from the solution to the COVID-19 Solidarity Response Fund within the WHO Foundation. [13:50]
Additional Resources:
Aon’s website
Press release: Aon Launches Innovative Industry Collaboration to Protect Global COVID-19 Vaccine Shipments
Press release: Aon's New Vaccine Supply Chain Solution to Benefit Response Fund for the World Health Organization
More on the COVID-19 Solidarity Response Fund
Tweetables:
“We just wanted to ensure that the successful rollout of the vaccines wasn’t hampered due to insurance.” — Lee Meyrick
“Everybody stepped up and really wanted to get involved. They wanted to be able to do the right thing in the rollout of the vaccine.” — Lee Meyrick
“We really want to be part of the ongoing effort to bring vaccines to as many people as possible.” — Lee Meyrick
For Aon to do its best work on behalf of clients, colleagues must be able to work, express, be and live in a way that is true to themselves. With that in mind, in 2020 Aon formed the Global Inclusive Leadership Council (GILC). One year after the establishment of the Council, GILC Co-Chairs Jennifer Bell and Eduardo Dávila join the latest episode of the “On Aon” podcast for a conversation about the present state and future plans for inclusion and diversity (I&D) at Aon. Andrea O'Leary, Senior Director, Culture and Change at Aon and herself a member of GILC, hosts.
- What inspires the co-chairs of Aon’s Global Inclusive Leadership Council? [1:27]
- Highlighting business resource groups (BRGs) and Aon’s GILC as champions for inclusion and diversity. [3:27]
- Five pillars that are embedding inclusion and diversity into Aon’s culture. [6:09]
- Current and upcoming efforts of various BRGs in advancing the work of the GILC. [8:55]
- GILC accomplishments and highly inspiring efforts. [14:01]
- Actionable steps anyone can take to be an I&D ally. [16:32]
- Would you like to dance? [19:49]
Additional Resources:
Aon’s website
Inclusion and Diversity at Aon
More information on the Global Inclusive Leadership Council
HR Director media coverage: “Role models are essential to change perceptions”
Tweetables:
“When you think about what we’re trying to accomplish as a firm, it really revolves around action and impact.” — Jennifer Bell
“We are working together to make Aon an even more inclusive and diverse place of work.” — Eduardo Dávila
“Inclusion and diversity are at the heart of our mission and what we’re trying to accomplish.” — Eduardo Dávila
“We’re connecting to the GILC globally to continue to collaborate, partner and accelerate where we want to be as a firm.” — Jennifer Bell
“Make intentional connections by getting involved in at least one BRG today.” — Eduardo Dávila
- Defining Grey Swan events such as the Covid-19 pandemic. [2:11]
- How cognitive biases influence the ways businesses view research and data. [6:48]
- The impact of Grey Swan events and crises on a company’s financial performance. [8:38]
- Five key focus areas that determine whether a business will weather a Grey Swan event or not. [10:33]
- The critical role of organizational resilience during Grey Swan events. [13:05]
- The most important question on this podcast. [19:50]
Additional Resources:
Aon’s website
Respecting the Grey Swan compiled by Pentland Analytics
Mentioned on the episode:
- 2007 book The Black Swan: The Impact of the Highly Improbable by Narssim Nicholas Taleb
- 2015 TED Talk “The next outbreak? We’re not ready” by Bill Gates
Tweetables:
“The vast majority of these scenarios are Grey Swan events. The companies knew they could potentially occur, they just weren’t prepared for them” — Jason Disborough
“If you’ve had a major crisis and you don’t get it right, the impact that can have on your organization and shareholder value can be immense.” — Jason Disborough
“The way to build organizational resilience through these Grey Swan scenarios is with practice.” — Jason Disborough
“There is a future and it’s potentially bright if we work our way through this in the most responsible and positive way.” — Jason Disborough
Resiliency is one of today’s hottest topics, and rightly so in today’s constantly changing landscape. Today’s “On Aon” episode features host Alexandra Lewis and Aon’s Managing Director within the Talent, Rewards and Performance practice Marinus van Driel. Together they examine what resiliency means, why it is more essential now than ever before, and steps you can take to improve resiliency going forward.
- The importance of resiliency in today’s uncertain workplace. [1:08]
- Key strategies for increasing personal and professional resilience. [2:45]
- Shifting trends toward more effective and efficient work environments. [5:26]
- Striking the balance between effective ways of working and organization wellbeing. [7:34]
- Tips for staying motivated and energized on a personal level. [9:03]
- Marinus shares his post-pandemic travel plans. [11:40]
Additional Resources:
Aon’s website
Aon’s Human Capital Solutions page
The Rising Resilient, including a whitepaper and self-assessment
Additional whitepapers on the future of work and remote working:
- Accelerate Your Workforce into the Future
- Defining How and Where People Should Work
Tweetables:
“Resiliency comes down to a simple concept — the ability to bounce back amid adversity and to provide the baseline conditions for helping people thrive in the long run.” — Marinus van Driel
“How can we continue doing the things that we were doing really great in the past, but how can we do it in a new way and maintain our organization’s cultures?” — Marinus van Driel
“It’s critical to make sure that folks keep on doing well, and that organizations keep doing well by doing good for their people.” — Marinus van Driel
“On Aon” is a new podcast featuring conversations between colleagues about current happenings and key topics at Aon. Our first episode features host Maria Harshbarger and Aon’s Global Head of Public Policy Bridget Gainer as they delve into Aon’s ambitious 2030 climate commitment. As a leader in the risk industry, Aon is committed to addressing climate risks now. Maria and Bridget examine the increasing importance of focusing on climate change in today’s environment and what it will take for Aon to reach the ambitious goal of being Net-Zero by 2030.
- The importance of focusing on climate change now. [1:17]
- An overview of Aon’s 2030 climate commitment and its subsequent impact on the environment. [2:53]
- Steps that will aid in achieving Aon’s goal of reducing its carbon footprint. [4:55]
- Opportunities for a mindset shift that will bring greater results. [7:57]
- What is the impact of this initiative on Aon clients? [9:31]
- Bridget’s passion project is increasing possibilities and making a lasting difference at Aon. [13:55]
- The hidden skill that has greatly benefitted Bridget’s career. [16:45]
Additional Resources:
Aon’s website
Aon’s 2020 Impact Report
- CEO Letter from Greg Case
- More details on Aon reducing its carbon footprint
More on Aon’s Work, Travel, Convene coalitions
Global Special Report: Helping Organizations Chart a Course to The New Better
More on Aon’s Apprenticeship Program
Tweetables:
“We’re incorporating more ideas and more perspectives in a way that builds our relationships with each other and potentially helps us solve big problems.” — Bridget Gainer
“This is an opportunity for clients to tap into Aon’s innovation across the board.” — Bridget Gainer
“We are able to lead by example across the country to show what is possible when you are willing to open your mind and change your habits.” — Bridget Gainer
Each episode of “On Aon” will feature people, solutions, innovations and news that define Aon’s unique culture. Delve into our global firm through conversations between colleagues.