Case Studies

Aon strives to meet the ever changing needs of its clients by developing tailored solutions which surpass expectations.

 

Problem

Solution

Result

Cyber Icon

Threat of a cyber-terrorist attack at a major oil and gas facility impacting:

  • Physical assets
  • Revenue
  • Investor confidence
  • Brand reputation

Incorporate a specific cyber terrorism extension within the main corporate property damage/business interruption program

  • Certainty for senior management and investors
  • A cost effective solution
  • Simplified basis of recovery
  • Maintains coverage with core market relationships
Global Icon
  • Pollution liability relating to frontier drilling and complex oil exploration
  • Deficiencies in existing insurance products

Work in conjunction with legal experts and the insurance market to develop a bespoke pollution product, which will respond to the specific requirements of the insured

  • Aon introduced a well pollution product
  • Enhanced basis of seepage and pollution cover
  • Significant policy limit
Risk Management Icon

Risk management personnel with a limited understanding of the London insurance market, its mechanics and the coverages afforded by insurers

Utilise Aon’s Energy Training Seminar (London)

To attend Aon’s Energy Training Seminar: an interactive opportunity to develop skills and knowledge, dealing with current commercial practice issues as well as theory

  • An appreciation of how the London insurance market operates
  • Basic understanding of the core coverages available to energy companies
  • Ability to network and build relationships with industry peers
Downstream Risk Icon

A complex downstream risk with lender finance and massive business interruption exposure, located in an area with substantial aggregation issues for insurers

A highly forensic placement strategy ensured that every dollar of available capacity was captured by utilising energy specialists in four distinct market (London, Bermuda, Dubai and Singapore)

A vertical limit that surpassed the client’s expectations

 

Aon UK Limited is authorised and regulated by the Financial Conduct Authority. FP: GBCEE0020