Employee Benefits Broking

Increasing Employee Benefit Challenges

The challenge of balancing employee expectations around access to, and richness of, benefit offering and containment of costs has never been more difficult, or important, than it is in the current climate.

At Aon, we can help you achieve your strategic objectives related to controlling costs, attracting and retaining talent, and improving the health and wellbeing of your employees.

How Benefits Broking Can Help

Cost Optimisation

We understand the challenges of increasing costs on the provision of benefits, but we also know that data is the key to understanding whether the price you’re paying is reflective of the risk, and the market conditions. Our Broking Centre of Excellence, enabled through the use of TBS as our Broking platform, allows us to capture unrivaled, credible data, on market conditions, including average pricing increases and final broking outcomes by industry and headcount.

Not only does this demonstrate the impact of our broking capabilities, but it also supports our clients with setting budgetary expectations and as a negotiated tool with the markets.

Objective Led Benefit Broking

Cost is important, but it’s not always the only criteria for provider selection. To support better decision making, and to ensure we are recommending the providers that best fit your requirements, we objectively score the market across a number of criteria, including plan administration, claims management and value add services. Not only does this objective scoring give you the confidence to partner with the provider that best suits your strategic objectives, but it gives Aon the ability to negotiate with insurers to improve service levels and proposition at senior stakeholder levels on behalf of our clients.

Marketing Purchasing Power

Our size and scale ensure our clients get the most advanced and competitive terms available in the market, placing in excess of £1.2bn annually across Group Risk and Healthcare benefits. As a result, you will know you are accessing proven carriers with the industry’s best terms, conditions, and pricing to support your employees while managing your budget.

Our close working relationships with the market give us direct C-suite access to key stakeholders to escalate and resolve any issues, should they arise.

Why Work with Aon

Aon’s unique approach to benefit broking, delivered through our Broking Centre of Excellence means you get access to the very best brokers in the market, who know the insurers inside out, have strong relationships with the key stakeholders and are best placed to negotiate leading terms on your behalf.  It also means that your consultants get the time to do just that, consult and support your strategic objectives.

Our objective led broking approach ensures that we are negotiating and recommending the right providers that will best support your tactical requirements and strategic objectives.

Using our strategic insights, extensive data and analytics capabilities and innovative solutions, Aon’s benefits broking practice helps companies optimise benefits spend by mitigating risk and reducing cost while supporting employee needs.