Rethinking Your Total Rewards Programs During Mergers and Acquisitions
Business leaders should take a close look at their reward programs during a merger or takeover to help retain talent and ensure a cohesive pay strategy.
Key Takeaways
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Economic uncertainty and a tight labor market make decisions around total rewards in an M&A deal even more important.
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Begin your total rewards strategy by focusing on the business goals of the transaction.
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Companies may face risks such as pay imbalances when integrating total rewards for a combined, acquired or newly spun off entity.
The talent environment today is a precarious one. Since the pandemic, companies are challenged to hire the skilled talent they need amid low unemployment, higher turnover and a reprioritization of employee values. Meanwhile, an uncertain economic future is influencing organizations’ total rewards strategies.
When thinking about the market in the context of a major disruptive event like a merger and acquisition (M&A), divestiture/spinoff or joint venture, these total rewards and talent challenges become even more prominent. An M&A transaction often involves not only a change in ownership, but also strategic direction. If business philosophies and objectives don’t align with HR and total rewards strategies, retaining talent becomes that much harder. Understanding what the transaction is all about — and determining if your reward program supports your specific objectives — is essential to help employees feel secure and valued during unsettling times.
Ensure your M&A is on track for success by being aware of common talent risks and focusing on key areas of your total rewards strategy.
Avoid Risk with a Strong Total Rewards Analysis
There are several common risks associated with M&A and total rewards:
- Disruption to payroll or essential benefit coverage – One way to undermine employee trust is to make an error in their paycheck or otherwise disrupt their benefit coverage. Ensure a seamless transition of payroll and benefits by considering all interdependencies (e.g., legal, finance, payroll, benefits administration, etc.) that support overall effectiveness and communication of change.
- Differences in reward philosophies – The alignment of disparate reward programs (e.g., differing base pay levels, differing incentive opportunities and eligibilities) can result in significant costs and disruption amid internal equity concerns and challenging communications. Identify differences in reward philosophies early in due diligence to ensure that alignment costs are factored into the pricing model and necessary alignment activities are incorporated into the integration plan.
- Uncovering existing gaps or widening pay equity gaps in the M&A process – Looking at components of your business in a new light can uncover various errors and discrepancies. Inconsistent classification of exempt and nonexempt employees, constantly evolving regulations around pay transparency and different salary ranges for the same position are just a few of the challenges that often arise when organizations combine. These challenges may spark companies to fix previously unknown issues, which could result in wider gaps across the combined organization if not properly addressed. Consider implementing a pay equity analysis to guide you along the way. Learn more about the problems that can occur when pay ranges are not adhered to in our article, “New Hire Salaries are Rising — Along with Concerns About Pay Equity.”
- Clashing total rewards philosophies in the same industry space – Employees are acutely aware of differences in rewards — particularly within similar roles or industry segments. While there may be valid competitive reasons for these differences (e.g., deeper equity eligibility for technology employees, increased childcare support or time off for onsite employees, etc.), differentiation requires careful considerations of the business rationale for unique rewards.
Harmonizing Total Rewards
Change events like M&A transactions can be disruptive to your workforce. Let’s face it: People usually don’t like change that’s out of their control. That’s why it’s imperative to understand the impact M&A transactions have on your employees.
Here are a few points to consider from a total rewards standpoint to keep your talent feeling motivated and confident, while also driving business outcomes:
Understand the deal’s business objectives and determine the impact they will have on your total rewards programs. Set milestones for relevant rewards changes to align with business objectives. If a transaction is focused on growth and adding new talent, it is important to address competitive pay and retention incentives. If a transaction is aiming to drive efficiencies and eliminate costs, the focus switches to staff selection and severance program design. If a transaction is focused on divesting a business for sale, address the stand-up of rewards for the stand-alone business. Once business objectives are understood (typically through the review of deal materials or leader interviews), determine the appropriate approach to rewards.
Ensure you have clear metrics and identify any gaps that may exist. Organizations are increasingly focused on metrics to understand the effectiveness of their reward programs. Since no single metric can measure overall effectiveness, companies typically use multiple metrics to gauge success. These might include time to fill open positions, turnover, spend and engagement.
Establish a strong change communication strategy. Communication is often the most neglected element of reward transitions. It is impossible to realize the value of an organization’s rewards investment without your employees truly understanding the value of their rewards and how upcoming transitions will impact them.
While these principles are universally relevant, they will need to be adapted for each transaction, type of deal and business geography. For example, in Europe, Works Councils and acquired rights impose specific conditions on the transition of rewards. These rules don’t exist in the U.S.; however, other regulatory challenges may apply. Across Asia, the comparability of pay or benefits can vary significantly in the potential impact of constructive dismissal and severance obligations.
Case Study: $140B Merger of Two Fortune 500 Leading Fintech Companies
A recent transaction between two leading fintech firms identified challenges related to varied work cultures and growing mistrust among employees. The compensation philosophy and approach to benefits unveiled differences to address in the combined organization’s go-forward total rewards design.
- Our M&A team began the partnership by analyzing, recommending and supporting the implementation of compensation and benefits programs in 44 countries, including compensation redesign scenarios and estimated costs to achieve synergy objectives.
- Following C-suite approvals, we developed a preliminary compensation structure and created a communication and change plan to ensure understanding and buy-in throughout the project. We also identified synergies and helped the client optimize compensation and benefit spend for over 30,000 employees.
- Most importantly, we partnered with our client to design harmonized rewards that best meet the needs of the combined population, generally within a year of the deal close, to align colleagues globally as one organization and keep them engaged.
Next Steps for Driving M&A Business Outcomes Through Total Rewards
“While the total rewards transition might not seem like the most strategic part of M&A, the first and lasting impression many employees will have of the new organization is how their pay and benefits were handled,” says Dave Kompare, a partner in Aon’s People Advisory practice.
Whether accessing new products and talent to grow your business or driving efficiencies to reduce costs, getting total rewards right is a key part of the journey towards M&A success. Begin with a clear understanding of your business outcomes, the metrics you can use to assess these outcomes and a strategic plan to leverage rewards for an even stronger business future.
To speak with a member of our team about navigating total rewards strategy during M&A, please write to [email protected].
General Disclaimer
The information contained herein and the statements expressed are of a general nature and are not intended to address the circumstances of any particular individual or entity. Although we endeavor to provide accurate and timely information and use sources we consider reliable, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. No one should act on such information without appropriate professional advice after a thorough examination of the particular situation.
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The FAB industry faces significant supply chain challenges requiring innovative solutions and strategic planning. As organizations work to optimize capital and manage costs, they must also address geopolitical risks and regulatory updates.
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Article 9 mins
Risk Capital Solutions in Life Sciences: How to Find Cost Efficiencies and Manage Volatility
Industry shifts and innovations are creating both new opportunities and challenges for life sciences organizations. Optimizing risk capital can enable business leaders to uncover cost efficiencies, strengthen resilience and enhance control.
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Article 11 mins
Directors & Officers in the Digital Age: Managing New Technological Risks Across APAC
With rapid technological advancements, directors and officers face increasing liabilities. Proactive risk management and board oversight can ensure organizational resilience.
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Article 10 mins
5 Ways to Position Risk Capital as a Value Driver
In today's uncertain economic climate, finance leaders must innovate beyond traditional financial metrics, managing risk capital through targeted risk strategies, holistic capital approaches and proactive stances toward emerging threats.
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Article 6 mins
Taking a Data-Led Approach to Job Architecture to Accelerate Pay Transparency
With looming deadlines on pay transparency regulations, establishing an effective job architecture is foundational to compliance and preparation. We explore how a data-led approach can speed the process while maintaining objectivity.
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Report 13 mins
Trade Issues Confront Global Businesses on Multiple Fronts
Global business leaders highlight risks linked to trade as some of their top concerns — both physical and financial. While the topic is complex and broad, there are opportunities that business leaders can pursue to stay ahead of emerging trade dynamics.
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Article 5 mins
Parametric: A Complement to Traditional Property Coverage
As property underwriters become increasingly concerned and cautious with catastrophe-prone risks, buyers are turning to alternative property solutions, including parametric, to fill protection gaps in their programs.
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Article 6 mins
3 Rules to Help Elevate Your Business Continuity Strategy
Half of the world’s top economic loss events impacted the U.S. in 2024. As natural catastrophes continue to grow in frequency and severity, enhancing a business continuity strategy helps ensure organizations are prepared for the unexpected.
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Article 12 mins
A Targeted Strategy to Mitigate Rising U.S. Health Costs
While medical and pharmacy expenses continue to consume benefit budgets, employers can adopt effective cost-saving strategies that combine predictive analytics with innovative solutions to help control healthcare spend over a multi-year period.
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Article 8 mins
Using Climate Data to Protect Employee Health
Employers are increasingly looking to defend the health and safety of their employees in a changing climate. By modeling the impact of weather on employees like they do for physical risks, employers can proactively establish solutions to protect workers.
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Article 7 mins
Why Organizations Need a Robust Directors and Officers Risk Program
A variety of growing risks, including shareholder derivative actions, an evolving regulatory environment and bankruptcy filings, are why public and private organizations must protect their corporate directors and officers.
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Article 15 mins
Navigating Cyber Risks in EMEA: Key Insights for 2025
Organizations in EMEA face unprecedented challenges as cyber threats become more sophisticated. In the face of emerging AI, evolving regulations and geopolitical tensions, businesses should strengthen their resilience to better navigate the complexities of the digital age.
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Article 6 mins
Outsourced Chief Investment Officer: The Key to Navigating Volatility
In a volatile climate, institutional investors are turning to outsourced chief investment officers to conquer administrative, regulatory and market challenges.
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Article 6 mins
Understanding the Financial Landscape of Wind Energy
Investment in both onshore and offshore wind power is key to not only energy security, but also wider social and economic benefits through the creation of jobs and investments in local communities around the world.
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Article 8 mins
The CFO Roadmap: Expanding Success Beyond Financial Metrics
In today's intricate business environment, growth is expanding to include more than financial success. By understanding how to fund, shape and secure growth, organizations can build resilience and drive long-term value.
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Article 6 mins
AI Innovations in Renewable Energy: Transforming the Sector
AI in the renewable energy sector is revolutionizing how we produce, manage and consume energy. As AI continues to evolve, industry leaders must find innovative ways to harness its full potential.
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Article 8 mins
Cyber and E&O Market Conditions Remain Favorable Amid Emerging Global Risks
Despite higher claims frequency, the cyber and tech E&O markets remain in a favorable pricing and well-capitalized environment. However, buyers must remain vigilant and manage a variety of current and emerging cyber risks and threat actor attack methods.
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Article 4 mins
5 Steps for Successful Carbon Accounting Verification
Organizations can demonstrate their commitment to global sustainability and a low-carbon future by addressing verification challenges and adopting best practices.
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Article 15 mins
Management Liability Insurance Market in 2025: Stability Amid Evolving Risks
Market stability prevails in management liability lines as insurers continue to seek market share. However, expanding technologies, increased litigation and macroeconomic factors are causing growing uncertainty and underwriting concerns.
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Article 7 mins
A Comprehensive Approach to Financial Wellbeing
There is an opportunity to develop a strategy around financial education in the workplace. Globally, our latest data finds 11 percent of employees receive financial education from their employer, but 37 percent expect it. How can employers bridge this gap?
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Article 12 mins
Why Pay Equity Should Be Every Food, Agribusiness and Beverage Leader’s Priority
With growing global regulations and rising stakeholder and talent expectations, pay equity has shifted from a mere HR initiative to a top C-suite priority that goes beyond compliance.
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Article 7 mins
How Technology is Transforming Open Enrollment in the U.S.
A well-structured open enrollment process is one that leverages innovative technology, encourages cost-effective use of healthcare resources and reduces unnecessary spending — benefiting both employees and employers.
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Article 2 mins
Risk Analyzer Suite
Aon’s Risk Analyzer Suite delivers quantitative analytics, improved risk insights and supports operational efficiency.
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Article 15 mins
2025 Life Sciences Outlook: Building Preparedness to Mitigate Risks and Capture Human Capital Opportunities
After a period of significant volatility, a more optimistic outlook is on the horizon for the life sciences industry in 2025. With the right level of preparedness, firms can take full advantage of the potential opportunities the new year will bring.
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Article 6 mins
Decarbonizing Construction for a Low-Emission Future
Decarbonizing construction demands new materials and approaches, with a focus on managing risk and securing capital. By aligning sustainability with business strategy and risk management, the industry can meet net-zero targets.
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Article 8 mins
Employer Strategies for Cancer Prevention and Treatment
Nearly 20 million people get cancer each year,<sup>1</sup> and the impact is far-reaching — from those diagnosed to their loved ones and colleagues. When developing a meaningful cancer prevention strategy, employers must show empathy and compassion while managing rising costs.
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Alert 14 mins
L.A. Wildfires Highlight Urgent Need for Employee Support and Business Resilience
In the face of the L.A. wildfires, impacted businesses’ top priority is their people. A three-phased approach can help build business resilience and mitigate the effects of future events.
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Article 23 mins
The AI Data Center Boom: Strategies for Sustainable Growth and Risk Management
Rapid growth in data center construction, spurred by AI advancements and cloud demand, creates interconnected risks for developers. However, with effective risk management solutions, navigating this dynamic market while prioritizing sustainability is possible.
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Article 8 mins
Mitigating Volatility and Maximizing Profits: A Guide to Risk Capital in the Food, Agribusiness and Beverage Industry
In an industry with tight operating margins, FAB organizations face significant challenges in managing spend and protecting their financial health — requiring industry leaders to adopt a sophisticated approach to risk capital optimization.
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Article 15 mins
5 Top Trends for Risk Capital in 2025
The risk capital landscape is poised for change, driven by emerging trends reshaping market dynamics. With a buyer-friendly market currently prevailing across most lines, opportunities abound for strategic investment and risk management.
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Article 9 mins
3 Strategies to Help Avoid Workers Compensation Claims Litigation
When a workers compensation claim goes to litigation, expenses rise dramatically — a burden that is often shouldered by the business. To mitigate attorney-related costs, organizations should re-think their approach to engaging injured workers and use artificial intelligence to enhance outcomes.
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Article 35 mins
5 Human Resources Trends to Watch in 2025
Human resources is increasingly involved in all areas of a company’s strategy. As the workforce changes, HR leaders should identify and leverage these five important and evolving trends.
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Article 6 mins
The Long-Term Care Conundrum in the United States
Long-term care is expensive, and costs are rising due to shortages. With the population aging at the fastest rate in a century, finding solutions to pay for care is an urgent priority. How can employers support this growing population?
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Article 7 mins
Improving Benefit Communication for a Multi-Generational U.S. Workforce
With a multi-generational and diverse workforce, it is important for employers to develop benefit communications and engagement strategies to help employees understand their unique benefit options. Here are five useful tips to consider.
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Article 13 mins
Medical Rate Trends and Mitigation Strategies Across the Globe
Rising medical costs are a global phenomenon. Aon’s 2025 Global Medical Trend Rate Survey found that costs are projected to rise 10 percent in 2025.
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Article 7 mins
Key Trends in U.S. Benefits for 2025 and Beyond
As healthcare costs continue to rise, employers are trying to balance the need to take care of their workers with the need to keep costs under control. Aon’s 2025 U.S. Health Survey provides insights into the choices employers are making, and their potential effects on costs.
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Article 9 mins
Pension Reform: Navigating the Future of Retirement
Pension reforms in Europe are reshaping retirement planning, demanding more oversight from employers and new strategies for employees’ financial wellbeing.
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Article 6 mins
Managing Non-Financial Risks to Build Organizational Resilience in the Financial Institutions Industry
Non-financial risks are often difficult to predict and quantify, yet present a real threat to financial institutions. In this volatile environment, risk management is playing a greater role in creating business resilience and identifying where capital should be deployed.
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Article 9 mins
Ensuring Operational Stability Post-Spin-Off: A Conversation with Daniel Halter from Sandoz
Daniel Halter, Director Global Insurance at Sandoz, discusses how smart risk and insurance management supported the Sandoz core mission to provide affordable, off-patent medicines to patients who need them most with Ana Serdarevic, Head of Aon’s Transaction Advisory Services for DACH.
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Article 7 mins
How to Navigate AI-Driven Cyber Risks
Business leaders are aware of AI-driven cyber risks and their implications. But understanding changing risk profiles to make better decisions around the management of new exposures is the key to cyber resilience.
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Article 8 mins
U.S. Rail Sectors Work to Mitigate Capacity and Pricing Risk Issues
U.S. freight and commuter rail industries are facing excess liability and property issues for different reasons. These railroads are critical to infrastructure and vital to the economy, yet finding effective solutions remains complex.
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Article 11 mins
D&O Risks and Considerations for Businesses Planning an IPO
As private companies prepare for an IPO, they face increased risks that require directors and key leaders to adopt essential risk management strategies to ensure a smooth transition.
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Article 10 mins
How Public Entities and Businesses Can Use Parametric for Emergency Funding
As climate change intensifies the frequency and severity of extreme weather events, public entities and businesses need more flexible funding solutions. Parametric stands out as an adaptable resource capable of swiftly responding to potential disasters.
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Article 17 mins
How Insurance Helps Unlock Capital for Hydrogen Projects Amid Financing Pressures
Funding challenges due to macroeconomic factors have prevented several green and blue hydrogen projects from getting off the ground. Organizations facing hurdles in accessing capital can work with risk and insurance experts to expedite projects and help make the promise of hydrogen a reality.
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Article 11 mins
Strengthening Human Capital Strategies to Attract Talent in the Food, Agribusiness and Beverage Industry
Learn how strong human capital strategies can help recruit, retain and motivate vital talent in a competitive and evolving job market.
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Article 7 mins
Trends U.S. Corporate Boards Should Prepare for in 2025
As corporate boards meet to discuss strategy, including any changes to executive compensation, there are key trends to consider for the year ahead.
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Article 6 mins
Leading the Biofuels Transition: Risk Strategies to Cut Through Complexity
Companies aiming to be a net-zero company may face many challenges during the biofuels transition. Read more on risk strategies to cut through complexity.
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Article 6 mins
DC Pension Schemes: Improving Investment Returns
With DC schemes growing across Europe, many organizations are realizing the importance of ensuring strong performance from their investments. Here’s how asset owners and managers can optimize DC outcomes through the right investment strategy.
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Article 9 mins
Developing a Paid Leave Strategy That Supports Workers and Their Families
With no federal paid leave law in the U.S., employers have limited guidance in designing equitable and comprehensive paid leave programs to support their workforce. Looking beyond compliance to focus on strategy and values will help create fair and well-designed policies.
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Article 8 mins
2025 Salary Increase Planning Tips
Amid economic uncertainty, companies are taking a careful approach to hiring and salary planning — one that includes focused hiring strategies, revising salary budgets and implementing measures that respond to the current economic environment.
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Article 8 mins
Florida Hurricanes Not Expected to Adversely Affect Property Market
Hurricanes Helene and Milton insured loss estimates are expected to fall between $34 billion and $54 billion. Healthy, well-capitalized insurance and reinsurance markets are positioned to absorb those losses.
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Article 17 mins
Q3 2024: Global Insurance Market Overview
Buyer-friendly conditions continued across much of the global insurance market in Q3, painting a largely positive picture as we head into year-end renewals.
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Article 10 mins
Why It’s Key to Conduct Cyber Due Diligence in Financial Services During Mergers and Acquisitions
A successful M&A strategy relies on due diligence across financial, legal, human capital, technology, cyber security and intellectual property risks. As cyber threats become more complex, robust cyber due diligence in private equity and acquisitions is increasingly necessary.
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Article 8 mins
The Evolving Threat of Cargo Theft: 5 Key Mitigation Strategies
Cargo theft in the transportation industry is escalating, driven by sophisticated criminal tactics that exploit both physical and digital vulnerabilities. Businesses must adopt proactive risk management strategies to counter these evolving threats.
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Article 11 mins
4 Megatrends Affecting Middle Market Organizations in North America
Trade, technology, weather and the workforce are interconnected trends shaping the future of business in North America. Understanding them is key to long-term resilience.
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Article 9 mins
Building Resilience in a Buyer-Friendly Cyber and E&O Market
Competition and capacity are dominating the cyber liability market and pricing remains favorable as a result. Taking advantage of the current buyer’s market to build sustained cyber resilience is the key to success.
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Article 10 mins
How Risk Transfer Solutions Increase Capital Access in Renewable Energy M&A Deals
The growing renewable energy sector is boosting M&A activity. Risk transfer solutions can help unlock capital access in these transactions.
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Article 7 mins
Managing Human Capital to Drive Innovation in Life Sciences
Digitalization presents both opportunities and challenges in life sciences, driving new organizational approaches to human capital to keep up with evolving talent needs while building a resilient workforce.
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Article 5 mins
Connected Perspectives: Better Decisions on Digitalization for Financial Institutions
As financial institutions reshape human capital strategies for the digital age, leaders face pressure to balance the risks and opportunities of digitalization.
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Article 9 mins
The Next Evolution of Wellbeing is About Performance
Employers are concerned that previous wellbeing strategies aren’t moving the needle enough. But when wellbeing is part of an organization’s culture, it has positive effects on costs, engagement and productivity.
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Article 6 mins
How Human Capital Data Enhances Risk Management for Financial Institutions
Financial institutions can increase their resilience to volatile threats through enhanced risk management frameworks and innovative models powered by people data and technology.
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Article 10 mins
How Financial Institutions can Prepare for Pay Transparency Legislation
As the deadline for implementing the EU Pay Transparency Directive fast approaches, some financial institutions feel unprepared to comply. These five steps can help guide the way through the upcoming regulatory landscape.
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Article 9 mins
4 Ways to Foster a Thriving Workforce Amid Rising Health Costs
Thriving organizations rely on thriving employees to succeed. With healthcare costs on the rise, it’s time for employers to challenge the status quo in providing health benefits. Organizations need to consider the human side of these increases and take bold action to achieve better outcomes.
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Article 9 mins
How Social Inflation is Impacting the Aviation Industry
The aviation industry is watching the rise in nuclear verdicts with concern as social inflation and associated risks continue to squeeze the sector. Organizations should review their risk management processes to limit the dollar value of future losses.
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Article 12 mins
Navigating AI-Related Risks: A Guide for Directors and Officers
As AI evolves, directors and officers must maneuver through a complex landscape of regulatory and legal risks. Implementing best practices around the use of AI and robust governance-focused risk mitigation can help manage exposures.
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Article 11 mins
A Middle Market Roadmap for Cyber Resilience
Middle market organizations face unique challenges in the ever-changing cyber environment, requiring holistic insurance solutions and enhanced resilience readiness to manage risks that could impact profitability.
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Article 17 mins
3 Strategies to Improve Career Outcomes for Older Employees
With life expectancies and retirement ages on the rise, organizations can capitalize on the value that older employees offer and support them by fostering a workplace where both the business and its people thrive.
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Article 8 mins
Wildfire Risk Fuels New Challenges for U.S. Communities
As climate change compounds wildfire risk, organizations play a critical role in protecting their workforce before and after an event.
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Article 10 mins
5 Ways to Address Health and Wellbeing in the Transportation Industry
The transportation and logistics industry faces unique challenges which can negatively impact employees' health. A cultural shift to more tailored wellbeing strategies can improve health outcomes and boost company performance.
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Article 6 mins
A Streamlined Retirement Solution for Spin-Off Organizations
Pooled employer plans (PEPs) can offer a streamlined solution to the retirement planning challenges inherent in spin-off and M&A events.
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Article 20 mins
5 Ways HR Can Partner with Finance to Drive Growth
The role of HR professionals is becoming more strategic, which requires collaboration with other areas of an organization to help drive growth. Given that people and benefit costs are a large portion of business expenses, partnering with finance is a natural step forward.
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Article 5 mins
Remote Work and Potential Employment Practices Liability Perils
Aon analyzes employee perception about return to office policies following the COVID-19 pandemic, as well as recent actions one organization took for alleged lack of remote employee productivity.
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Article 11 mins
The Silver Lining on M&A Deal Clouds: M&A Insurance Insights from 2023
Despite subdued global M&A in 2023, positive trends have been emerging in the M&A insurance market to help clients improve their deal-making and ‘value-protection on investment’.
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Article 7 mins
Specialist Insights: A Deep Dive into Effective Crisis Management and Evacuation Protocols
Graeme Hudson and Ghonche Alavi from Crisis24 discuss Crisis24’s approach to Political Evacuation and Threat Management with Cara LaTorre from the Financial Services Group at Aon.
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Article 8 mins
3 Human Capital Recommendations for Construction Contractors Entering Asia
European construction contractors are looking with increasing interest at Asia, but to expand successfully into the region, they need to overcome key workforce and market challenges.
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Article 8 mins
How Cyber and Data Resilience Support Growth in Life Sciences
As digitalization presents new risks and opportunities for life sciences organizations, implementing cyber and data resilience ensures that innovation doesn’t result in business interruption.
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Article 7 mins
How Insurance Companies can Sustain Profitable Growth Through the Market Cycle
For insurers, making decisions on where and how to deploy capital becomes more difficult during times of volatility.
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Article 5 mins
Key Considerations When Exploring Captives for Voluntary Employee Benefits
Employers in the U.S. should understand the unique risks associated with voluntary benefit captives when considering alternative insurance arrangements for their voluntary benefit plans.
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Article 7 mins
Improve Safety and Loss Control to Lower Workers Compensation Costs
Workers compensation is an area of risk management that could benefit from a more holistic approach. A safety program that incorporates wellbeing and uses data in a meaningful way can contribute greatly to lowering costs.
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Article 8 mins
How Aon Partnered with Minnesota Firefighters to Create Crucial Health Benefits
Firefighters face a unique set of risks and long-term health consequences from their jobs. Aon worked with Minnesota firefighters to create a benefit program to address three primary health issues.
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Article 8 mins
4 Steps to Help Mitigate the Cost of Open Workers Compensation Claims
Open legacy workers compensation claims place rising financial burdens on employers, who are faced with closing out aged claim inventory and improving their balance sheets in the process.
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Article 5 mins
Climate Change: Evolving Property Risk to Resilience
Organizations must consider the impact of climate change on property, which will vary now and years into the future. Therefore, a thoughtful approach can enhance risk mitigation and resilience strategies.
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Article 8 mins
Middle Market Risk, Regulatory and Compliance Strategies
Helping midsize organizations strike the right balance between risk and compliance with a comprehensive regulatory and compliance framework.
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Article 5 mins
Empowering Employees to Make Better Health Plan Decisions
As U.S. employers balance costs with providing employees more value from their benefits, creating an annual healthcare enrollment process that includes more choice and guidance can accomplish both goals.
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Article 10 mins
Q2 2024: Global Insurance Market Overview
With many insurers reporting healthy profits in 2023, and in response to notable improvements in the reinsurance market, the insurance market in Q2 2024 remained growth-oriented.
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Alert 3 mins
Better Decisions Brief: Perspectives on the CrowdStrike Outage
On July 19, 2024, the CrowdStrike outage became one of the largest IT events in history, impacting businesses and customers around the world. Leaders now have an opportunity to reexamine technology dependencies and business continuity plans to mitigate similar risks in future.
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Article 6 mins
How Insurers are Integrating Climate Change into their Investment Decisions
Insurers are some of the world’s largest institutional investors. Recognising their crucial role in driving the global climate transition, they should identify and analyse climate-related risks and opportunities to improve long-term risk-adjusted returns.
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Article 7 mins
Lessons Learned from the CrowdStrike Outage: 5 Strategies to Build Cyber Resilience
The global CrowdStrike IT outage demonstrated that even non-malicious cyber incidents may have serious repercussions. Events like these serve as a wake-up call for businesses to review their cyber resilience and be prepared for more significant incidents in the future.
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Article 4 mins
Companies Need a Global Benefits Identity in an Era of Cost Containment
More global benefits professionals are aligning benefit strategy to an employer’s identity and values.
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Alert 10 mins
Responding to the CrowdStrike Outage: Implications for Cyber (Re)Insurance
CrowdStrike, a global cybersecurity firm, released an update for its Falcon sensor, which caused system crashes on Microsoft Windows systems globally.
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Article 8 mins
Responding to Cyber Attacks: How Directors and Officers and Cyber Policies Differ
Cyber incidents continue to grow in frequency and severity, especially as new technology emerges. While D&O and cyber liability policies offer distinct coverage differences, terms need to be carefully structured to avoid potential gaps.
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Article 6 mins
Insurance and the Metaverse: Safeguarding Virtual Assets
Insurers are venturing into the thriving digital landscape of the Metaverse, covering virtual assets, safeguarding intellectual property, and protecting the wellbeing of users and avatars. With this evolution, comes new challenges and the unique opportunity to shape the future of insurance.
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Article 10 mins
Build Resilience for an Extremely Active Atlantic Hurricane Season
Record-warm Atlantic Ocean temperatures and a shift to La Niña conditions have led forecasters to predict an extremely active Atlantic hurricane season in 2024. Learn how to build business resilience to mitigate risk for hurricane-prone properties.
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Alert 7 mins
Workforce Implications of U.S. Supreme Court Ruling on ‘Chevron Deference’
The U.S. Supreme Court has changed the way laws are interpreted in the development of regulations. This change has the potential for far-reaching consequences for both regulatory agencies and employers.
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Article 4 mins
Credit Solutions Market Overview
Overview of the current trade credit insurance market and outlook on trend developments.
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Article 11 mins
Building a Future-Ready Workforce for the Professional Services Industry
The need to attract and retain high-quality talent in an environment of intense competition is at the forefront of professional services leaders’ minds.
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Article 11 mins
Enhancing Cyber Resilience in the Renewables Sector
Renewable energy is critical to meet net-zero targets, but as the industry grows, so do cyber attack surfaces. Learn how to prepare for emerging threats and support long-term ambitions.
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Article 7 mins
Connected Perspectives: Better Decisions on Interconnected Risks for FAB Organizations
As the scale and speed of interconnected risks escalate, innovative risk management strategies help FAB businesses build the resilience and agility needed to thrive.
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Article 10 mins
Driving a Future-Proof, Skills Based Approach for the Renewable Energy Sector
The renewable energy sector is undergoing a sweeping transformation, as it plays a pivotal role in the challenge to achieve global net-zero goals. Attracting, upskilling and retaining talent is critical for sustainability.
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Article 7 mins
How to Navigate Evolving Construction Contractor Risks in EMEA
Contractors in EMEA face an array of risks they must mitigate or transfer while managing the complexities inherent in major construction projects.
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Article 12 mins
8 Focus Areas for the Renewable Energy Sector
As more companies seek to reduce their carbon footprint, the renewable energy sector continues to grow, presenting both opportunities and red flags for organizations with renewable energy growth plans.
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Article 6 mins
Reshoring: Managing Risks and Building Resilience Closer to Home
Proactive risk management and data-driven reshoring strategies can empower risk managers in logistics companies to navigate supply chain complexities with confidence.
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Article 5 mins
Captive Insurance: Uptick in Use Reflects Market Realities
As more companies become comfortable using captives and understanding the value they add, captives are likely to become further embedded into corporate risk strategies, regardless of market conditions.
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Article 6 mins
Building Strategies for Sustainable Growth as a Mid-Sized Organization
Helping midsize organizations leverage key partnerships to address challenges around talent, market, regulatory compliance, and leveraging capital.
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