307 words...a minute and a half read

Risk Insurance Management Society (RIMS) members and risk managers from around the globe gathered earlier this year in Atlanta for the 2023 RISKWORLD Conference to connect and share solutions for risks top of mind for organizations today.

Highlights from Aon leaders at RIMS 2023 include:

• Lambros Lambrou, CEO of Human Capital and Commercial Risk Solutions at Aon, discussed how clients who’ve had challenges in the catastrophe bond market are looking to differentiate themselves: “At a time when clients were thinking about coming out of COVID-19, coming out of three or four years of challenging market conditions, and moving to an environment where they felt much better about what they will be able to achieve in the marketplace in terms of limit, price and coverage, we now find ourselves in a situation where we still have complications in the marketplace.” View the full interview in The Insurer TV.
  • Additional insights from Lambrou on the impacts of Hurricane Ian were highlighted in The Wall Street Journal Morning Risk Report. Learn more here.
• Joe Peiser, commercial risk leader for North America at Aon, spoke about innovation in the insurance industry, parametric coverage and the promise of data analytics and predictive modeling. You can watch his full interview from RIMS 2023 in Insider Engage and listen to “On Aon” podcast episode 53 where he shares insights from the conference.
• Michael Gruetzmacher, head of alternative risk transfer and innovation in Aon’s Commercial Risk Solutions, addressed the protection gap – losses not covered by insurance - and parametric insurance solutions: “The increase in natural catastrophe activity makes it essential for risk managers and business leaders to make better decisions to navigate climate-related events. Strategic access to capital is a must and we must find new ways to meet clients’ needs in these increasingly volatile times.” Read more in this RIMS Daily Show piece.