Aon s Investment Management Practice

Transcription

1 Aon Risk Solutions Specialty Financial Services Group Introducing Aon s Investment Management Practice

2 1. Industry focused broker Aon Financial Services Group UK facts & figures Industry focused group. Comprises of 140 brokerage and legal professionals. Extensive experience in Directors and Officers liability (D&O), Professional Liability (PI), Crime and Employment Practices Liability insurance. In addition, access to a wealth of risk and human resources consulting. Over 100m annual premium placed. Assisted with claim settlements in excess of 230m in the last 2 years in London alone. Unmatched data to support the diverse business goals of its clients. Your sector and our clients facts & figures Established for nine years. Focuses predominantly on D&O, PI, Crime and related programmes for wealth and investment managers. Team of 19 professionals, dedicated to the UK sector but supported by our global practice. Specific peer benchmarking data from strong client base: 3 of the top 4 UK based IM s 5 of the top 10 independent UK managers 3 of the top 5 UK custodian banks Through this industry experience and market leverage we are able to develop the optimum solutions and drive differentiation for our clients. 2. We help identify your exposures and offer risk transfer solutions

3 3. A team of experts with access to a wealth of solutions Team commitment To deliver the best in all of the following key disciplines: Responsiveness, innovation and pro-active service. Technical and programme design. Broking the risk and representing you in the market. The management and settlement of claims. Administrative support. Use of third parties We do not use third parties other than for 2 functions: Claims processing: Outsourced to Xchanging Broking Services in India who provide a data entry service (no analytical or advice service). Post placement processing: Outsourced to Genpact in India who complete the Aon core systems to facilitate invoicing and raise the invoices. 4. Integrating our claims experience for your benefit Our global legal and claims practice comprises of over 50 claims professionals, solicitors / attorneys and staff all of whom are fully integrated with the service and broking team. These professionals are typically engaged not just when a claim is filed, but prior to inception and will work with your own in-house experts and the rest of your Aon team to support the drafting and negotiation of the financial lines wordings. The adjacent chart shows our approach to supporting clients to ensure the contract of insurance is bespoke and performs as anticipated in the event of a claim. We believe this to be a fundamental element of our role and, as such, is embedded into our service delivery.

4 5. Using a diagnostic approach to assess your risk profile Retentions Claims / Legal Environment Risk Profile Capacity Coverage Within such a specialised sector of the industry, there are very few opportunities to receive an unbiased assessment of your current insurance programme. We are able to complete a silent review of your insurance purchases that includes an analysis of programme structure, limits, retention, pricing, insurer security, primary and excess coverage terms. We compare this to the current market standard, alongside peer appetite to give a colour-coded health check of your policies. Limits Pricing 6. The benefit of leverage Aon plc is the leading global provider of risk management, insurance and reinsurance brokerage and human capital consulting and outsourcing services. Through its 62,000 colleagues worldwide, Aon unites to empower results for clients in over 120 countries. To be the most responsive, clientfocused insurance and consulting services company in the world. Aon Risk Solutions Retail Brokerage Risk Assessment & Advisory Captive Management Affinity Programs Premium Finance Claims Advocacy and Administration Select Personal Lines Actuarial and Analytics Technology Solutions Aon plc Aon Benfield Treaty Reinsurance Brokerage Facultative Reinsurance Brokerage Capital Markets and Financial Advisory Analytics and Technical Services Claims Management Strategy, Claims and Operations Consulting Aon Hewitt Rewards & Compensation Engagement & Leadership Workforce Planning & Administration Defined Contribution & Defined Benefit Investments & Financial Planning Health & Benefits Population Health & Absence Health Care Exchanges Mission statement

5 7. Adding value through non-insurance solutions When you re buying insurance, you re worried about that 1-in-100 year event that will really hurt your business. This is where external data is most applicable. We better appreciate our underlying risk exposure, understand the responsiveness of our insurance programme and have a framework for implementing an improved risk finance programme. Head of Business Risk and Internal Audit, UK Investment Management Firm

6 8. The Aon advantage Aon UK Limited 8 Devonshire Square London EC2M 4PL t +44 (0) f +44 (0) aon.com FP Registered office 8 Devonshire Square, London, EC2M 4PL Aon UK Limited All rights reserved No part of this document may be reproduced, stored in a retrieval system, or transmitted in any way or by any means, including photocopying or recording, without the written permission of the copyright holder, application for which should be addressed to the copyright holder. Aon UK Limited is authorised and regulated by the Financial Conduct Authority