DUBLIN, January 24, 2024 /PRNewswire/ — The company profile “Aon – Digital Transformation Strategies” has been added to the ResearchAndMarkets.com supply.
This report provides insight into Aon’s digital strategies, including digital transformation strategies, innovation agendas, technology initiatives, forecast ICT budget and major ICT contracts.
Aon is a professional services provider. The company, through its subsidiaries, offers a range of commercial risk solutions, reinsurance solutions, retirement solutions, healthcare solutions and data and analytics services. Aon provides its consulting services in a variety of sectors, including aerospace, technology and communications, financial institutions, agribusiness, life science, aviation, real estate, energy, retail, construction, transportation and logistics, healthcare and energy and mining. Aon offers insurance solutions through a network of its offices and distribution centers. There is a presence in Middle East, Africa, Asia-Pacific region, Europeand North America.
Aon launched the New Ventures Group in 2019 to further accelerate innovation that delivers value to its clients. He helps identify, develop and scale high-impact solutions that drive Aon’s growth and performance. Aon name Tony Goland as its Chief Innovation Officer, responsible for leading the group’s innovation.
The new unit also sponsors the firm’s intellectual property solutions to help clients manage their intangible assets. The department oversees the evaluation and commercial feasibility of new solutions and capabilities and ensures successful market-ready solutions in collaboration with Aon’s Operations Committee. To achieve this, Aon appointed Brian Cochrane as chief commercial officer of the unit.
Aon’s Center for Innovation and Analytics (ACIA) was launched in 2012 and is located in Singapore seeks to develop innovative solutions to support business growth for its global clients by reducing volatility and improving operational performance in risk, health and retirement. The center uses data and analytics technologies to deliver cutting-edge solutions, tools and applications that address clients’ business challenges.
Launched in 2010, the FinTech Innovation Lab organizes annual accelerator programs across the board new York, London, Dublinand Hong Kong. The laboratory was jointly launched by the Partnership Fund for new York and Accenture and includes a 12-week accelerator program. It helps early-stage and growth-stage fintech companies by providing them with access to industrial entrepreneurs, leading financial institutions, investors and advisors. Participants are also provided with workspace and weekly seminars. Aon is one of the partners of new York program.
Plug and Play Insurtech is a 12-week innovation program that brings together innovative start-ups and the largest insurers in one innovation platform. The program is implemented in various countries, including the US, Singapore, China, Japanand Germany. It invites startups that focus on insurance-related innovation, including fraud discovery, process automation, data enrichment and analytics, customer experience and distribution, auto insurance technologies, Internet of Things (IoT) and drones, processes and operations, customer-centric services and risk and fraud Evaluation.
Scope
- Aon embraces emerging technologies to develop innovative solutions that enhance existing insurance policies and risk management models. Aon focuses on data and analytics technologies to drive efficiency across its value chain. It uses internal and third-party data collected through its business processes, including data generated from social media interactions and search engines, to evaluate post-crash claims. To effectively use such vast amounts of data, Aon transformed its legacy system and built a scalable infrastructure using cloud technology and deploying AI technologies to analyze data and obtain information for key decisions.
- Aon uses machine learning and natural language processing (NLP) techniques to uncover insights from massive data existing in unstructured documents and third-party digital platforms, enabling it to expand coverage and benefits, reduce costs and optimize its signing process. In addition to process efficiency, Aon leverages the power of AI-based technologies to manage client communications and data.
- Aon has invested in its data and analytics capabilities and built its own data and analytics platform to deliver insights that reduce risk and improve performance.
- Aon’s data and analytics services platform offers data-driven products, digital distribution, marketplaces and analytics as service capabilities. The platform offers solutions including Affinity, Aon Inpoint, CoverWallet and ReView. Aon’s Innovation and Analytics Center, part of its Data and Analytics Services team, has been using Tableau since 2014 to strengthen analytics capabilities, reduce time to insights and empower employees to make better decisions and improve business.
- Aon focuses on protecting against cyber threats and has introduced solutions that enhance its internal and customer cyber security capabilities. Its offerings include CyQu (Cyber Quotient Evaluation), Cyber Deal Desk and a dedicated cyber team that focuses on assessing business cyber risks and developing cyber incident response strategies. Aon also acquired cybersecurity firms Cytelligence and Stroz Friedberg to help clients identify and address cyber risk incidents.
Reasons to buy
- Get insight into Aon’s technology operations.
- Get an insight into its digital strategies and innovation initiatives.
- Get an insight into its tech topics that are in focus.
- Gain insight into various product launches, partnerships and acquisition strategies.
Main topics covered:
- Review
- Digital Transformation Strategy
- Accelerators, incubators and other innovation programs
- Technology focus
- Technology initiatives
- An investment
- Acquisitions
- Partnership, Investment and Acquisition Network Map
- ICT budget and contracts
- Key executives
- Contact the publisher
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For more information on this company profile, visit https://www.researchandmarkets.com/r/m9vjac
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