On Aon

Aon

"On Aon" offers conversations between Risk Capital and Human Capital experts and guests about the Risk and People issues impacting businesses around the world. Each episode provides unique insights to help industry experts make better decisions across Trade, Technology, Weather and Workforce.

  1. The New Risk Capital Playbook for Today’s Business Leaders

    17 HR AGO

    The New Risk Capital Playbook for Today’s Business Leaders

    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.”

    21 min
  2. Stablecoin Explained: What Business Leaders Need to Know

    3 DAYS AGO

    Stablecoin Explained: What Business Leaders Need to Know

    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?”

    13 min
  3. Building Resilient Supply Chains in Mining and Natural Resources

    26 FEB

    Building Resilient Supply Chains in Mining and Natural Resources

    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.”

    14 min
  4. Talent Shifts Powering Business Performance

    19 FEB

    Talent Shifts Powering Business Performance

    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, AonChris Tanana — US HCS Rewards Solutions Partner, North America, AonTanaz Moazami — US HCS Rewards Solutions Partner, North America, AonEphraim Edelman — Head of Talent Data Solutions, North America, AonRahul Chawla — Advisory Best Practices, APAC, AonKey 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.”

    21 min
  5. Building Climate Resilience: Insights from Aon’s 2025 Climate and Catastrophe Insight

    12 FEB

    Building Climate Resilience: Insights from Aon’s 2025 Climate and Catastrophe Insight

    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, AonMichal Lörinc — Head of Catastrophe Insight and Impact Forecasting, AonKey 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

    15 min
  6. Resilience as a Growth Strategy: Inside Aon’s Resilience Quotient

    5 FEB

    Resilience as a Growth Strategy: Inside Aon’s Resilience Quotient

    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.”

    22 min
  7. 16/12/2025

    How Leaders Stay Ahead: Balancing Risk and Strategic Choices

    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, AonRichard Waterer — Global Risk Consulting Leader, Commercial Risk, AonWard Ching — Managing Director, Global Risk Finance, AonKey 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.”

    16 min
  8. 02/12/2025

    Risk and Resilience in the Age of Autonomous Vehicles

    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, AonDavid 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.”

    19 min

About

"On Aon" offers conversations between Risk Capital and Human Capital experts and guests about the Risk and People issues impacting businesses around the world. Each episode provides unique insights to help industry experts make better decisions across Trade, Technology, Weather and Workforce.

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