Aon has introduced D&O risk analyser, a digital application that assists risk managers in making decisions to mitigate executive risks facing their directors, officers, and businesses.
The new tool provides clients and brokers with real-time analytics to assess and quantify potential D&O losses, including adjustable risk models, exposure and loss evaluations, stock price drop analysis, and total cost of risk visualisations.
The move follows the debut of the firm's property risk and casualty risk analysers this year, which provide exposure visualisations and model potential losses to help businesses make informed decisions about their risk and insurance options.
Timothy Fletcher, CEO of Aon Financial Services Group, states: “Rising litigation and defence costs, equity market volatility and shifting regulatory frameworks have added complexity for corporate officer risks.
"It is more important than ever for risk managers to assess D&O liability and insurance's role in protecting public officers and board directors. Our D&O risk analyser, together with Aon's brokers, provides a holistic analysis of the D&O risk landscape, helping clients make better decisions.”
