Aon launches Growth Decision Framework to enhance insurer performance

Global insurance and reinsurance group Aon has introduced the Growth Decision Framework, a consulting service designed to help insurers enhance decision-making for optimal performance and market cycle resilience.

As insurers approach the January 2025 renewal, the Growth Decision Framework from Aon’s Strategy and Technology Group aims to align capital and portfolio strategies. This framework drives profitable growth in line with each client’s risk appetite and strategic objectives.

Based on a study of over 100 global re/insurers, Aon identified key factors for consistent outperformance through market cycles. The Growth Decision Framework leverages this research to help clients achieve best-in-class performance.

Aon assists insurers in refining their portfolios by evaluating metrics such as profitability, underwriting volatility, capital requirements, capital consumption, and risk-adjusted returns. This process enables leaders to prioritise market segments, access market benchmarks, understand distribution channels and competitors, identify investment opportunities and execution plans, and develop workforce and technology strategies, all while collaborating with Aon on practical next steps.

Paul Campbell, global growth leader for Aon’s Strategy and Technology Group, commented, “For insurers, making decisions on where and how to deploy capital becomes more difficult during times of volatility. Our global team will use the Growth Decision Framework to help clients to optimise their decision-making process, from short-term tactics to longer-term goals.”

Andy Marcell, CEO of Risk Capital and CEO of Reinsurance at Aon, stated, “Evidence-based decision frameworks can help insurers make better decisions with clarity and confidence, even in the most challenging environments. Aon’s Growth Decision Framework aims to empower leaders to optimise their capital deployment, and to continuously adapt to market changes. This process might involve retaining strategically important businesses, addressing underperforming segments, and diversifying for future profitability.”

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