Aon Risk Solutions, the global risk management business of Aon plc (NYSE: AON), today announced that its Interactive Political Risk Map has been named a recipient of Business Insurance magazine’s 2014 Innovation Awards. These awards, presented during the magazine’s annual Risk Management Summit, recognize leadership and innovation in new products and services for risk managers.

Aon’s online interactive map complements the print map, and was launched in partnership with Roubini Global Economics to expand the suite of tools offered to clients. It draws on 15 years of emerging market data collection to measure political risks in 163 countries and territories to help companies assess the risk levels of exchange transfer, legal and regulatory risk, political interference, political violence, sovereign non-payment, supply chain disruption, risks to doing business, banking sector vulnerability and risks to financial stimulus.

The interactive map features two analytical tools that enable Aon’s clients to better understand the factors at play when making strategic and financial decisions: the Exposure Calculator allows clients to measure their financials exposures against country risk, while the Map Analysis allows clients to measure countries against each other over time. 

“The Political Risk Map is an excellent tool for institutions to track their specific risk exposures when doing international business, particularly in emerging markets,” said Michael O’Connor, CEO of Aon Risk Solutions. “We are honored to receive an Innovation Award from Business Insurance for this unique risk management tool. The award recognizes the work of our colleagues who empower results for clients on their risk and people challenges, and help turn those challenges into opportunities."

Winners were selected from around the world by an independent panel of judges comprising active risk managers. Nominees were judged on innovation and originality, as well as effectiveness in solving problems in the risk management process.

Winners were announced at Business Insurance magazine's Risk Management Summit on March 12.

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About Aon

Aon plc (NYSE:AON) is the leading global provider of risk management, insurance and reinsurance brokerage, and human resources solutions and outsourcing services. Through its more than 66,000 colleagues worldwide, Aon unites to empower results for clients in over 120 countries via innovative and effective risk and people solutions and through industry-leading global resources and technical expertise. Aon has been named repeatedly as the world’s best broker, best insurance intermediary, reinsurance intermediary, captives manager and best employee benefits consulting firm by multiple industry sources. Visit www.aon.com for more information on Aon and www.aon.com/manchesterunited to learn about Aon’s global partnership and shirt sponsorship with Manchester United.

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Meg Connolly    
+1.224.383.6007
meg.connolly@kemperlesnik.com