During today’s economically distressed times, public sector leaders are being forced to do more with less, while increasing risks continue to stress existing infrastructures. Aon brings together the vast resources to meet the specific needs of public sector entities.
Solutions to Reduce Volatility and Build Resilience
Governments and public-sector institutions are facing both short-term and long-term challenges due to COVID-19 pandemic and the ensuing economic issues. Today’s public-sector leaders are being forced to do more with less as they face loss of tax revenue, decreasing staff, new regulations and increased demands for services. In addition, climate change and severe weather, cyber threats and population growth continue to stress existing infrastructures, increasing the levels and types of risks.
To deliver Aon United to governments, quasi-governmental and other public-sector institutions to solve the myriad of challenges they face and increase the resiliency of their mission, Aon has a global team of experts with deep experience in government, insurance, reinsurance, consulting (e.g. investment advisory, actuarial) and capital markets. The team includes the Public Sector Partnership (PSP), a group focused exclusively on bringing together Aon’s vast resources for tailored solutions that meet the specific needs of the public-sector.
Aon offers a diverse range of professional advisory services for government entities. We can help find solutions to the issues that you are facing both now and in the future.
Insurance Business spoke with Joe Monaghan and Katie Sabo from Aon's Public Sector Partnership about the innovative ways Aon is helping public sector clients manage volatility and build resilience.
Reduce Public Sector Budget Volatility
Aon has developed innovative solutions that reduce the impact of stress events, creating more predictable budget outcomes. Learn more about our solutions specific to state and local governments.
The impact of COVID-19 on State and Local Budgets
COVID-19 has created an unprecedented impact on state and local governments as officials deal with this public health emergency. Listen to Aon PSP and a panel of experts to discuss the impact of COVID-19.
Government Aid: Economic Antidote to COVID-19
Government leaders face both a health and an economic crisis with COVID-19. How are some of the world’s major governments using their fiscal strength to protect their citizens and businesses?
Hurricane Prep: Contingency Planning During COVID-19
Last year some 400 natural disasters caused hundreds of deaths and $232B in economic losses. How should business and government leaders prepare for this year’s hurricane season during the COVID-19 pandemic?
Growing interest in Budget Insurance as organizations anticipate COVID-19 fallout
Public sector budgets have been hit hard by the COVID-19 pandemic. Read more about how organizations are exploring budget insurance as an option for reducing volatility.