A well managed business understands the risks to which it may be exposed and manages them on a daily basis. Organisations finance these risks by either retaining or transferring them and insurance remains a key risk transfer tool. However, ensuring you have quantified the risks appropriately is crucial. A comprehensive risk analysis empowers you to decide how best to optimise your organisation's risk financing strategy. Buying too much insurance may result in inefficient use of capital; buy too little insurance and an organisation may place its financial viability in jeopardy.
Aon's Analytical Services team has the capability and actuarial tools to undertake an insurable risk profiling exercise to ensure you have the right information to make informed decisions. We can assist your organisation in the following areas:
The benefits of risk analysis:
To find out more about our global analytics consulting offerings, contact Aon today.