Ventiv Technology

YesterdaY, todaY and tomorrow: thE ChANGiNG PrACtiCE oF riSK AND iNSUrANCE MANAGEMENt Aon eSolutions hasn't grown in a vacuum. We've matured in parallel with the practice of practice of risk and insurance management. A lot has changed in 40 years in the world of risk and insurance; our focus on our clients and their needs, however, has remained steadfast. Broadly speaking, the purpose of risk and insurance management has not changed fundamentally over the last 40 years. Risk and insurance managers are still tasked with the primary goal of protecting people and property. What has changed is the perception of risk and insurance management, which is now widely viewed as a critical boardroom issue and as a cornerstone of a company's capital structure. As a result, the risk and insurance manager's mandate has grown. As our clients' responsibilities have evolved, Aon has focused on helping them meet the growing demands and expectations on them. Since the very beginning, Aon's technology offerings have been designed to empower our clients to make the best possible business decisions based on comprehensive, accurate data. Aon has consistently applied its risk and insurance expertise to our understanding of our clients' specific businesses as well as the industries they represent. Because Aon possesses unsurpassed risk and insurance expertise, we are well positioned to help our clients with a relatively new role that many are now expected to assume: that of protector of revenues and profits. Forty years ago, the idea that the risk and insurance function could add value in such a way would have seemed very far-fetched. Today, given the emphasis that businesses of all kinds place on protecting and expanding operating margins, it seems only natural that risk and insurance managers should be key players when it comes to bottom- line performance. After all, for any business to grow, it must incur expenses (including risk and insurance costs). By optimizing those costs, risk and insurance managers today can—and do—make vital contributions to maximizing the spread between top-line growth and expenses. As we look forward to the next 40 years and beyond, Aon eSolutions remains focused on the fundamentals of risk and insurance while also anticipating developments on the horizon. Nowadays, risk and insurance managers are asked to answer a great many questions that might not have crossed their desks 40 years ago—or even 10 years ago. Our goal is to empower our clients to answer those questions with confidence, and to do it efficiently. & ,

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