Lambros Lambrou

Rowing Australia and Aon have announced a four-year partnership that will see the global risk and people advisers become major sponsors of the Australian Rowing Team and Rowing Australia. The national deal also appoints Aon as the exclusive risk and insurance partner of the national body.

Chairman and President of Rowing Australia Rob Scott expressed the national body’s delight to be able to announce a long term partnership with such a respected and global brand in Aon.

“In our discussions with Aon over the past year, there was a clear alignment between what the Australian Rowing Team stands for and Aon’s core values. Put simply, we are always in the constant and unrelenting pursuit of excellence and this is also what Aon strives for everyday”, Mr Scott said.

Chief Commercial Officer Katherine Ginbey said that this strong connection provides a solid foundation to build a sustainable commercial partnership.

“Rowing touches local clubs, schools, universities and workplaces across our country and brings together a diverse cross section of our community. Rowers, particularly at the elite level, exemplify the characteristics of hard work, determination, team work and the pursuit of excellence that we share with partners like Aon.

“We are incredibly proud that Aon, who also support our rowing neighbours in New Zealand, have understood the clear commercial opportunity in rowing and we can now work together to build value across the quadrennial and hopefully beyond.”

The partnership will see Aon become the naming rights sponsor of rowing’s marquee annual event, the Sydney International Rowing Regatta, as well as providing a number of engagement and activation rights to connect with the broader rowing community throughout the year.

Aon Risk Solutions Australia CEO Lambros Lambrou, said: “Aon globally has had a very strong and successful record of supporting elite sports and athletes. In Australia, we are making the same commitment and we are thrilled to be embarking on this journey with the Rowing Australia family.

“Aon’s core values are very closely aligned to Rowing Australia’s, which includes integrity, diversity, collaboration and high performance. Our partnership allows us to extend our shared values to the wider rowing community in Australia to not only reach its full potential, but also to make social impact at a grass roots level.

“Specifically, this partnership will see us use our expertise in risk, retirement, talent and health to empower Rowing Australia.”

This partnership signals another step forward commercially for Rowing Australia. The last 12 months have seen rowing secure partnerships with Hancock Prospecting and the Georgina Hope Foundation, Tempur and now Aon. Rowing Australia will also be announcing two new partnerships in the equipment and apparel categories in the coming weeks.

The post Aon empowers the Australian Rowing Team as it trains for Tokyo appeared first on AdviserVoice.

Lambros Lambrou

Aon has signed a three year corporate partnership agreement with York Butter Factory (YBF). Through the deal, Aon will bring its leading risk management, brokerage and insurance capabilities to Australia’s bourgeoning technology start-up community.

The partnership forms part of Aon’s strategic plan to stay ahead of the disruptive forces of the FinTech movement as start-ups continue to reshape the financial services market.

YBF is the destination point and open innovation platform for Australia’s innovative technology start-ups, corporates and early-stage investors. It focuses on B2B start-ups in the areas of FinTech, Big Data & Analytics, SaaS, New Media and HealthTech.

While the agreement with YBF offers new commercial opportunities for Aon, it also presents scope to establish mutually beneficial partnerships with start-up companies and talent in the FinTech world.

Lambros Lambrou, Chief Executive Officer, Aon Risk Solutions Australia, said the partnership is a significant step for Aon, its clients and the Australian start-up community.

“We are thrilled to be collaborating with York Butter Factory, as a leader in the Australian startup ecosystem. This partnership will allow us and our clients to tap into a network of entrepreneurs and corporates as we move into the new era defined by FinTech,” he said.
A recent study released by PwC estimates that by 2033 technology start-ups will contribute 4 per cent of Australia’s GDP, and over half a million jobs will be created in the sector by 2033.
“No matter what stage a start-up is in, they will face challenges, just like any other business. We recognise that there is a role we can play as trusted advisors in helping these businesses manage risk they have come across or will come across in their lifecycle. We are also excited to be bringing our other key capabilities, in the areas of talent and retirement planning, to the ecosystem,” Mr Lambrou said.
Stuart Richardson, co-founder of York Butter Factory commented, “We are delighted to announce the formalisation of our partnership with global risk management and insurance leader, Aon.
“Aon joins a distinguished cohort of ASX200 and Fortune1000 companies working together with YBF to support Australia’s best and brightest entrepreneurs to realise their potential in global markets.
“The partnership between YBF and Aon provides Australian start-ups with the opportunity to explore and experiment with new business models with the creation, integration and distribution of new risk products.”

The post Aon signs corporate partnership agreement with York Butter Factory appeared first on AdviserVoice.

Launched yesterday by Aon Risk Solutions, the global risk management business of Aon plc, in partnership with The Risk Advisory Group, the map provides insight for business aiming to reduce risk exposures.

Nine developed economies (Australia, Belgium, Canada, Denmark, Estonia, France, Germany, Ireland and Norway) are all rated at increased risk. Many of these rises are largely due to increased terrorism threats, most of which stem from the rising influence of Islamic State (IS) as well as the ongoing threat from Al-Qaeda affiliates and supporters.

Top risks for business include increased terrorism threats across developed economies, and a progressively uncertain and dangerous geopolitical environment, where the risk of armed conflict is growing amid changing and unstable regional balances of power.

Scott Bolton, Director, Business Development and Network Relations at Aon Risk Solutions said “The Aon Terrorism and Political Violence map is a key analytical source which helps our clients understand terrorism risk exposures across the globe. It is interesting that Europe is at significantly greater risk from the rise of the Islamic State. Businesses need to understand how they can mitigate against this risk in affected countries as well as build terrorism insurance programmes that align more closely with their exposure.”

The map shows a mixed picture, with a net reduction on country risk ratings worldwide, but with political violence and terrorism risks concentrating and intensifying around a smaller number of countries. The risk rating was reduced in 21 countries and increased in just 13. The global picture is also one of marked polarity, with clusters of concentrated risk across South Asia (namely Afghanistan and Pakistan), North Africa and the Middle East.

Commenting on the findings, Henry Wilkinson, Head of Intelligence & Analysis at The Risk Advisory Group, says: “This data highlights that terrorism and geopolitical uncertainty are risks that businesses cannot ignore – and they are as relevant to developed economies as to emerging markets. In a hyper-connected world faraway problems can affect local threats and political violence can spread rapidly with little warning. However a high level of risk doesn’t automatically mean that these areas are closed for business. Companies can exploit the opportunities in any market with high quality intelligence and analysis, and a strategy to navigate and manage the risks.”

The post Western countries facing increased terrorism threat says Aon appeared first on AdviserVoice.

Lambros Lambrou

Aon has announced the launch of its Entrepreneurs in Residence (EIR) program in Australia, a community-driven initiative for high-growth companies led by women. This is Aon’s second instalment of the EIR Program; The U.S. launched the first program in July 2014.

Driven by Aon’s ongoing commitment to workplace diversity, the EIR program sees Aon partnering with Springboard Enterprises to select a female-led, high growth business that will benefit from Aon’s and Springboard’s networks and business expertise.

In its first year in Australia, EIR has named IntelligenceBank its first partner. IntelligenceBank is a business process management company, which delivers software as-a-service applications to end-users. It offers digital asset management solutions to clients from varied industries, including the energy, financial services and technology sectors.

“The EIR program highlights Aon’s commitment to fostering diversity and inclusiveness in the workplace,” said Lambros Lambrou, Chief Executive Officer, Aon Risk Solutions Australia. “Combining our expertise, resources and tools with Springboard’s expansive support network, we believe this program can have a meaningful impact on up and coming companies.”

Topaz Conway, Chair of Springboard Enterprises Australia, said the EIR program will demonstrate to the corporate community what women-led companies can achieve and realise the commercial opportunities possible through the partnership.

“Our goal is to help female entrepreneurs realise their full potential by providing them with suitable opportunities and instilling that ambition for growth,” Ms Conway said. “We help women achieve their potential by surrounding them with the right kind of networks, the right kind of coaching and the right kind of information they need to become investable companies.”

In the coming year, IntelligenceBank will receive direct and ongoing access to business support and solutions. The partnership with Aon will be led by Eric Lowenstein, client Manager, Financial Services Group, Aon Risk Solutions.

IntelligenceBank CEO and director Tessa Court is a successful entrepreneur who completed Springboard Enterprises’ first Australian accelerator program in 2013. She said the Entrepreneurs in Residence program will offer her company access to immeasurable business insights and experience.

“Partnering with Aon on the EIR program will allow us to share best practice learnings and insights, helping us to understand how we can bring a different perspective to clients. It will be an illuminating experience,” Ms Court said.

The post Aon launches Entrepreneurs in Residence program in Australia appeared first on AdviserVoice.

Jason Disborough

Local economic conditions have trumped regulatory and legislative policies as the most prominent risk facing Australian businesses in 2014/2015, according to Aon’s most recent Australian Risk Survey.

Regulatory and legislative change, the top risk identified last year (2013/2014), still represents a key concern for business leaders across the region, ranking second in this year’s results. However, downbeat growth and inflation forecasts have elevated concerns of domestic economic slowdown as an obstacle to business growth and recovery.

The survey, now in its 13^th year, spans a sample size of 579 C-Suite Executives and Risk Managers, is the most comprehensive to date, and provides meaningful risk management insights on 15 industry segments (with a detailed overview of six industry sectors, including  energy, power, mining, health, construction and real estate).

Top 10 Risks to Australian Businesses:

1. Local Economic Conditions
2. Regulatory and Legislative change
3. Brand and Image
4. Increasing Competition
5. Global Economic Conditions
6. People Risk
7. Human Resources
8. Business Interruption and Supply Chain Risk
9. Property Damage
10. Corporate Governance

The survey draws a strong parallel to findings over the last two years, with 80 per cent of risk concerns centred on diminishing business confidence and political and regulatory uncertainty. As ‘brand and image’, ‘increasing competition’ and ‘global economic conditions’ round out the top five risk concerns, it is clear that an inability to grow underscores this year’s risk concern rankings.

“Local economic conditions have been on an upward trajectory through the top ten risks over the last number of years. However, its top position this year signifies a critical need for organisations to identify and confront local economic threats in order to achieve sustainable growth and better compete on a global scale,” said Jason Disborough, Managing Director – Global & Corporate, Aon Risk Solutions.

“While the current state of the market presents a very real challenge to Australian businesses, it also presents an opportunity for insurers to innovate around these soft risks, a provision currently deficient in the Australian market,” he added.

According to the report, Australian businesses currently maintain a good level of preparedness against risk. ‘People risk’ and ‘human resources,’ risk currently occupy positions six and seven in the top 10. This confirms the endurance of an industry-wide ‘war for talent’, renewing emphasis on the challenges of attracting and retaining a committed and knowledgeable talent pool as an organisational risk.

Of noticeable importance, business interruption and supply chain risk, as well as property damage and corporate governance mark new entrants in this year’s top 10 risks. These results indicate a greater need for organisations to invest in structures and procedures designed to protect both physical and organisational assets.

The risks facing Australian businesses broadly align with those identified globally via other Aon risk surveys in other geographies; although the survey identified two primary differences. Significantly, where cyber security continues to be a key concern in other countries, only 13 per cent of risk managers identified it as a significant risk in Australia. Similarly, terrorism remains relatively overlooked, indicating that Australian companies consider themselves less susceptible in comparison to their international counterparts.

“Changing trading conditions, the weakening of the Australian dollar and the evolving political landscape, aligned with relatively high unemployment and an ongoing skills gap in some of Australia’s most pertinent industry sectors, have presented a challenging risk environment for organisations to try and manage” comments Mr. Disborough.

“It is, therefore, more critical than ever for organisations to develop efficient and effective risk management solutions, while remaining flexible and responsive to changes in both the local and global economy. Without such support it will be impossible for Australian industries to innovate successfully to overcome such challenges,” he concluded.

About Aon’s 2014/2015 Australian Risk Survey

Aon’s 2014/2015 Australian Risk Survey collates 13 years of risk insight to provide a deeper understanding of today’s key risk concerns. In doing this, it provides Australian organisations with a snapshot of how their risk management practices measure up against industry peers and competitors, and can be used as a tool to help predict and manage their risk profiles more effectively.

The primary objective of this survey is to provide assistance to those working in risk management functions in assessing how their organisation manages risk compared to others, and to measure the costs incurred in delivering a risk management and financing strategy.

The report provides insights and analytics on:

• Key risk concerns
• Risk management trends and strategies
• Insurance market trends
• Total Cost of Insurable Risk (TCOIR)

The post Local economic conditions: Primary risk for Australian businesses appeared first on AdviserVoice.

Jason Disborough

Aon has announced the launch of Connect, an online destination created to facilitate and elevate conversations about risk.

The online location will house up-to-the minute content from subject matter experts, delivering industry insights for the evolving risk landscape.

Following extensive research with over 200 stakeholders from the Australian business community, Connect was developed in order to meet the needs and interests of organisations across the country. Connect will deliver insights specifically tailored for individual industries, providing access to information about the latest emerging risk issues and intelligence about the way peers manage risk.

Jason Disborough, Managing Director – Global & Corporate, Aon Risk Solutions, said the Connect program was launched in order to meet the business community’s appetite for local, industry-specific risk insights.

“We spent months speaking to Australian organisations about the challenges they face when it comes to sourcing information about risk,” Mr Disborough said. “Connect is an industry leading initiative that will allow us to effectively deliver relevant thought-leadership content to local businesses. All materials on Connect will be tailored to assist business leaders in having more meaningful and informed conversations about risk.”

Connect aims to facilitate conversations between business leaders and risk experts, through both webinars and small, intimate roundtable events. The site will also host additional content, including news articles, research and industry reports, insurance market updates, and case studies.

In preparation for its launch, Connect already houses a range of materials, including insights on cyber, extortion and hostage crises and weather risks; business case studies; and industry reports for a range of sectors, including energy, healthcare and construction. In the coming weeks, Connect will host its first webinar on extortion and hostage risks, focusing on learnings drawn from the recent Sydney siege.

While currently offering insights from Aon risk subject matter experts, Mr Disborough said Connect will eventually host contributions from a range of business partners.

“This is not an exercise in branded marketing. Our vision is for Connect to become an online conversation channel for subject matter experts in relation to risk – irrespective of the company they work for – and those who want to find out more information,” Mr Disborough said.

Connect can be accessed via an online, password protected location. Interested individuals can apply for membership by visiting www.connect-aon.com.au.

The post Aon launches Connect to offer up-to-the minute risk information appeared first on AdviserVoice.

The stark difference in profitability between companies with advanced risk management practices and those with less mature systems should sound a loud warning to boards and senior executives, according to Aon Risk Solutions (ARS) Australia, a business of Aon plc.

This warning comes on the heels of the release of the 2014 Aon Risk Maturity Index Insight Report, developed by Aon in conjunction with The Wharton School of the University of Pennsylvania, which includes ground-breaking findings about links between board’s oversight of risk, financial performance and the volatility of a company’s share price.

“The evidence is clear: there is a direct positive correlation between advanced risk maturity, an organisation’s understanding of risk management practices, and enhanced financial performance when considering key metrics such as Return on Equity and Return on Assets. This in turn speaks directly to directors’ obligations to maximise shareholder value,” said Marcus Vaughan, Regional Lead, Aon Risk Maturity Index.

As Mr Vaughan went on to explain, the latest Risk Maturity report for the first time also linked greater board oversight of risk management with higher profit – and lower volatility.

“Board oversight, particularly the assignment of risk responsibilities across board roles rather than solely within committees, has a positive effect on the maturity of risk management practices throughout the organisation. This oversight promotes a more consistent understanding of the top risks facing the organisation, greater insight into existing risk management activities and a stronger consensus and communication between the board and the management reporting team regarding risk management strategies.

The research is showing that getting oversight of Risk structured correctly at Board level, is having positive flow on effects for the organisation’s level of risk maturity, subsequently linked to enhanced financial performance.”

The report found that companies with a 5.0 Risk Maturity on the Index, the highest rating, experienced share price volatility 34% lower than those with the lowest Risk Maturity rating of 1.0. A 5.0 rating also resulted in a 42% return on equity performance compared with a negative return of -23% for companies with a 1.0 rating.

“Aon’s Risk Maturity Insight Report also shows that companies with more sophisticated risk-based forecasting and planning in place, exhibit lower levels of volatility in factors such as cash flow, earnings, sales and share prices. In other words, risk management translates into very real benefits for companies and their shareholders.”

The research based on the Risk Maturity Index has also highlighted how advanced risk maturity assists organisational resilience in real life global scenarios such as the Lehman default. Using findings from the Risk Maturity Index and the Bloomberg Scenario (modelling) Function, companies with the highest risk maturity during the Lehman collapse exhibited a stock price performance of -18% compared with -28% percent for those with a 1.0.

Australian organisations are leading the way when it comes to making the effort to understand and manage risk at the appropriate level.

“Looking at global participation in the Aon Risk Maturity Index, Australia is still leading the way on a per capita basis. This reflects an appetite for local organisations to understand their level of Risk Maturity, and establish robust plans to enhance it, often above and beyond what is required from a regulatory point of view.

“We’re also seeing more organisations use the index across various levels organisation including board, the executive and senior management to identify any disconnects that may exist in the execution of risk management”. “Gaining a line of sight on these ‘hot spots’ is empowering organisations to address some of the underlying cultural issues that may be inhibiting the organisation from achieving the risk management agenda endorsed by the board.” said Mr Vaughan

The post Boards in the driver seat on risk management and shareholder returns, new results show appeared first on AdviserVoice.

Lambros Lambrou

The global risk management and insurance landscape has changed forever as the implications of big data continue to impact broking, underwriting and reinsurance markets and disrupt accepted business models.

This is the new reality driven home by global and local risk specialists at the Aon Advanced Risk Finance Conference held in Melbourne earlier this month. The Conference was attended by over 300 representatives of industry giants from all sectors of risk management.

Speaking about the lessons to be learned from specialists in the field, Lambros Lambrou, CEO of Aon Risk Solutions Australia, challenged conference attendees and the broader business community as to whether they possess the skills needed to compete and succeed in an environment undergoing fundamental change.

“There is no doubt that big data has changed our industry forever, and industry participants must take the necessary steps to understand its implications if they wish to remain competitive,” he said.

“For example, data scientists and actuaries, often from non-insurance backgrounds, are now at the very centre of insurance markets, and the risk community needs to accept the change and leverage their skills in big data and analytics,” he added.

And it’s not just big data driving change. The annual conference also tapped into Aon’s global expertise in research and analytics to highlight some of the other pressing issues facing businesses today. Sessions chaired by global specialists offered a glimpse into the future and revealed insights into how businesses can and should respond to a variety of risks in order to achieve the results they are aiming for.

These areas included:

Returning to the theme of big data, Mr. Lambrou stressed that companies have nothing to fear from it. In fact, those willing to get on board have a great deal to gain.

“Harnessing big data and interpreting it to develop fact-based insights does require specialist skills, but those insights can be used to improve every aspect of the industry, from pricing efficiency to policy construction and risk financing strategies,” he said.

“Brokers and other insurance industry players have much to gain, among many others. And, far from minimising relationships with clients as some may fear, relationships based on science and robust data and insight, as well as trust, are likely to be deeper and longer lasting,” Mr. Lambrou said.

He concluded by saying that the Aon conference brought home the revelation that the power of big data lies in its ability to drive smarter business decisions.

“Which brings me to Aon’s ultimate aim – to use our unique global strengths and expertise to raise the industry benchmark and empower results, helping our clients understand the dynamics of the risk management industry they are in today, and ultimately to partner with them to fuel superior outcomes tomorrow,” he said.

The post Data and analytics will power future business success: Aon appeared first on AdviserVoice.

Lambros Lambrou

According to Aon, the leading global provider of risk management and human resource solutions (NYSE:AON), many of the risks that businesses list as their most pressing are uninsurable within current policy structures, which is both disappointing and cause for real concern. To remain sustainable and support clients, the risk industry must find ways of staying relevant as traditional risks get bigger and non-traditional risks pose new threats.

Lambros Lambrou, CEO for Aon Risk Solutions in Australia, made these comments in the wake of this year’s Aon Advanced Risk Finance Conference, while warning that the future of risk financing will look very different from that of the past.

“Our industry is very sophisticated in handling smaller risks, such as health, vehicle and even safety. There is a wealth of data and experience around these risks which informs decisions at all levels of the value chain,” Mr. Lambrou explained.

“However, when something goes wrong outside established “comfort zones”, while it may be less frequent, it is more likely to be catastrophic. And the truth is that the risk industry has struggled to develop strategies relevant to clients’ needs in the catastrophic risk space.”

Mr. Lambrou explained that part of the problem is that the risk industry tends to look at the past as a guide to future decisions, a practice that can lead to a failure to innovate as required to address new or changing risks which fall outside of what is routinely offered.

“Changes such as the increased connectivity between individuals, the accelerating accumulation of data and the speed at which information is sent digitally around the globe mean that all companies are now borderless and all risks are global,” he said.

“And that means the risk industry must stay ahead of clients and develop risk mitigation and financing strategies if they are to continue offering value and relevance,” Mr. Lambrou explained.

Stephen Cross, Chairman of Aon Global Risk Consulting and Aon Centre for Innovation & Analytics in Dublin, said that cyber risk is a prime example of a new and changing risk requiring innovation on the part of the industry in order to help companies understand and address cyber risk – before it’s too late.

“Cyber risk is to our industry what asbestos was to the building industry, a ticking time bomb just waiting to explode,” Mr. Cross said.

He also cited the hyper connectivity that now underpins the functioning of our world as a factor that, if not effectively addressed, may affect the very structure of the risk industry.

“Insurers and brokers alike should take a long hard look at the traditional distribution model we’ve lived with for years. Peer-to-peer lending, peer-to-peer sharing of risk and even crowd-sourcing of insurance policies and capital could change the way we do business forever.”

Mr. Cross concluded by saying that while some of the changes to the industry are profound, responding to them on behalf of clients requires the industry to stay alert and take advantage of the research and analytics available.

“The Aon Centre for Innovation & Analytics is dedicated to data analytics and innovation with the sole purpose of anticipating and responding effectively to the needs of our clients.

“Our real aim is to help our clients, insurers and our brokers look to the future of risk armed with fact-based data and insights,” Mr. Cross said.

The post Aon to Insurers: innovate or perish appeared first on AdviserVoice.

Lambros Lambrou

Most companies understand that they must address risk to remain competitive and grow their business. However the real challenge for business lies in understanding and developing the tools and solutions necessary to succeed in the face of the ever-accelerating change and complexity of today’s risk landscape.

So said Lambros Lambrou, CEO of Aon Risk Solutions Australia, a risk management business of Aon plc (NYSE:AON) ahead of the tenth annual Aon Advanced Risk Finance Conference, which kicks off in Melbourne on 8 October. The theme of this year’s conference, “Ten Years of Risk Financing Insights”, will drive home Mr. Lambrou’s point, highlighting that risks which now appear high on many organisations’ agendas barely existed 10 years ago.

According to Mr. Lambrou the breadth and variety of risks businesses now face requires them to mitigate against a wider range of issues than ever before, from white-collar crimes to cyber risk.

Mr. Lambrou highlighted cyber risk as a significant hazard in a technology driven environment that often flies under the radar: “The potential ramifications of cyber risk, which has been described as “the asbestos of risk”, are widely underestimated, particularly here in Australia where we are demonstrably behind the curve when it comes to even a basic understanding of the issues. This applies not only when it comes to individuals’ privacy, but for the integrity of entire organisations. That includes major liability issues at the Board and Director level right through to the very real threat that cyber risk poses to undermining everyday operational capability.”

The underlying theme of the conference focuses on the importance of ‘big data’ in shaping the future of risk management and helping businesses address issues like cyber risk in a more sophisticated way.

“The risk management industry has become the poster child for resolving the vexed question of how to put big data to use, and in so doing has transitioned from being a relationship, intuition-based industry to one that is increasingly truly data driven,” said Mr. Lambrou. “As our industry plays a vital role in promoting global economic growth, we must use the data and technology available to us to evolve faster than our clients on their risk and people issues to support them in meeting the challenges in the future. This conference is an ideal forum in which to do this.”

In addition to looking at global and local insurance and reinsurance trends, the conference will examine another important economic issue: risk and people – and, more specifically, how they interrelate.

“An organisation’s people is its most valuable asset. People risk is often at the heart of our conversations with clients, and rightly so. Failing to properly mitigate against this risk will have catastrophic outcomes for any business,” said Mr. Lambrou.

The Aon Advanced Risk Finance Conference 2014 will highlight the following issues:

• Shareholder value and risk maturity – the strong correlation between a company’s risk preparedness and its financial performance
• Big data – developing tools to harness its power to make better risk management and financing decisions
• Global insurance and reinsurance markets – the effect of the flow of capital from alternative sources such as pension funds and the need to use this capital to innovate
• People risk – the so-called ‘soft science’ that hits hardest on the bottom line
• The psychology of the white-collar criminal
• The “asbestos” of today’s risk management world: cyber risk

The conference unites global specialists from Aon’s London, Chicago, Singapore, Ireland and Beijing offices to share latest industry trends and data and offer risk management and financing insights to an audience of leading Australian and multinational companies.

Conference sessions will be delivered by key Aon executives from across the world, in conjunction with some of Aon’s major clients, including Coca Cola-Amatil, Lend Lease and Tesco, along with a range of experts from academia, the insurance industry and the corporate world.

Mr. Lambrou concluded: “While organisations have a surplus of information, which is growing exponentially, they also often have a shortage of insight. Understanding that information as it relates to risk and how to mitigate it can have an extraordinary effect on the growth and bottom line fortunes of any organisation.

“Risk and insurance go hand-in-hand, but our conference agenda goes beyond the surface to drill into the hard data and trends that underpin the way every single industry should be looking at managing the countless risks they face.”

The post Aon says: it’s time to act on charting changing risk landscape appeared first on AdviserVoice.