Aon in the News

Construction market growth solid but risks rapidly evolving

Three of Aon’s Construction & Infrastructure leaders were recently featured in Commercial Risk Online discussing the evolving role of landscape of risk in construction as contractors are continually asked to take on additional responsibilities, including more assumption of lifecycle and financing risks. As risks facing contractors continue to evolve, the insurance markets are evolving with the industry, expanding capacity and shifting to a truly global marketplace to drive competitive pricing.

The power of project monitoring in preventing and mitigating risk

Aon’s Global Director of Growth, Innovation and Insights, David Bowcott, was recently featured in Canada’s On-Site Magazine discussing the importance of project monitoring by capital providers in managing and mitigating risk. Equity, debt and risk capital providers play key roles in ensuring that milestones are met, budgets are in-line and documentation is in compliance, all of which contribute to an overall reduction of the project’s risk profile.

Pursuit of P3s Can Be Risky

Aon Policy Analyst, Peter Fogel, was recently featured in Insurance Thought Leadership, discussing Aon’s recently published P3-Pro™ report and the current political and regulatory climate for P3 procurement in the United States and Canada. Understanding a state or province’s readiness and willingness to successfully procure a P3 is a key consideration when looking at potential project pursuits.

The P3 Market: America vs. the Rest of the World

Aon Policy Analyst Peter Fogel was published in Construction Executive Magazine highlighting some of the key differences in the P3 markets in the United States and other developed P3 markets, including the lack of standardized contracts, the relative absence of dedicated offices, and uncertain levels of public support for P3s.