40: On Aon’s View on Challenging Economic Times – Part Two with Joe Peiser

On Aon

Over the course of three weeks, we’ll hear from Aon colleagues on how economic challenges are impacting all solutions, clients and colleagues in a special edition takeover of the “On Aon” podcast.

This week, Aon’s U.S. President, Charles Philpott, and Aon’s North America Commercial Risk Leader, Joe Peiser, discuss insights from risk markets and clients, and what risk managers should be thinking about when facing increased economic volatility.

• [2:00] The impact of the economic landscape on insurers
• [5:35] The main client concerns in the face of inflation
• [9:32] Steps risk managers can take to mitigate losses
• [13:53] Actions for the future of key lines of insurance
• [20:15] The impact of natural disasters on the market forecast
• [29:14] Joe’s and Charles’ optimistic look at the end of 2022

Additional Resources:

New Aon Research Shows Prepared Leaders Embrace Risk And Make Better Decisions During Economic Uncertainty

Aon's Global Market Insights Report Q2 2022

Making Better Decisions in Uncertain Times: Aon’s 2022 Executive Risk Survey

Inflation is Influencing Business Risk Management — Take Steps to Mitigate its Impact

Aon’s website

Tweetables:

• “For insurance companies, rising interest rates, in the long run, is a good thing. But in the short run, it’s a problem.” — Joe Peiser
• “It’s time for experienced risk managers to take a more holistic approach to their risk financing program.” — Joe Peiser
• “It’s a great time to be in our business and a great time to be a risk manager.” — Joe Peiser