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Cyber Attacks / Data Breach
Cyber attacks are, and will remain, a top risk across all geographies and industry sectors. All leaders need a cyber game plan.
Forward-thinking insurance companies propel our economy by protecting businesses, communities and governments, and in a world of rapidly evolving risks, insurers need to be agile and adaptable to remain relevant to their customers. To stay competitive, insurers increasingly need to embrace technology, data and analytics to improve efficiency and deliver value—while remaining attractive as employers to entice the best talent.
To navigate volatility, ranging from climate change to economic headwinds, insurers need to delve deep into understanding and mitigating risks by enhancing their view of risk. Data, tools and analytics must complement and shape risk transfer to help protect and grow their businesses.
This is where capital can provide a bridge between innovation and investment. Finding the right balance to optimize capital requires strategic decision-making to support growth and enhance both sides of the balance sheet. To meet these societal demands while delivering profitability, this requires more efficient, flexible and resilient enterprise structures to drive strong financial health.
Now more than ever, insurers require more holistic services and global insight to better understand and address their strategic, multi-faceted business needs across growth, capital, operational efficiency and talent. Aon supports insurance industry clients with more relevant and impactful insight and solutions to meet their strategic goals and make better business decisions.
Looking ahead to 2024, predicted risks for the insurance industry include:
Stay in the loop on today's most pressing cyber security matters.
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Stay in the loop on today's most pressing cyber security matters.
How do businesses navigate their way through new forms of volatility and make decisions that protect and grow their organizations?
Trade, technology, weather and workforce stability are the central forces in today’s risk landscape.
Article 18 mins
Insurance industry respondents to our Global Risk Management Survey (GRMS) ranked cyber attack or data breach and failure to attract or retain top talent as their two most critical risks.
Article 11 mins
Generative Artificial Intelligence (AI) – a type of artificial intelligence that has the ability to create material such as images, music or text – is already a proven disruptor and its adoption is growing at an explosive rate.
Article 23 mins
A complex macroeconomic environment continues to shape risk strategies and market responses.