What is the Protection Gap?
Over 400 natural catastrophe events in 2019 generated economic losses of $232 billion, yet only $71 billion was insured. We need to close this gap – by managing the impact of factors such as climate change – to protect our global communities.
Aon and the insurance industry is committed to finding solutions to close the gap by working with governments, humanitarian organizations and NGOs to protect their people and property before and after catastrophes.
Collaborating to Close the Protection Gap
In collaboration with British Red Cross, partners City of London, ClimateWise and Insurance Development Forum plus sponsors AXA XL, MSAmlin, Pool Re and RenaissanceRe, we hosted a day of discussion and inspiration. Read the agenda and press release
WATCH: Video message from The Prince of Wales (9 min):
WATCH: When private and public sectors came together to close the protection gap (2.32 min):
Collaborating to Close the Protection Gap - Videos and Presentations
Lord Mayor of the City of London
Chief Executive Officer - Aon plc
President Elect - Confederation of British Industry
Chairman of AXA and IDF
Former Secretary General - Kenyan Red Cross
Chief Financial Officer - Aon plc
Panel: Building an enabling environment
Panel: Mobilising the private sector
Panel: How to translate commitments to transactions