Amid the volatility of climate risk, research with academic institutions may help provide better data and clearer pictures for organizations looking to understand their exposure. On this episode of the On Aon Insights podcast, host and Aon’s chief marketing officer, Reinsurance Solutions, Alexandra Lewis, is joined by Aon’s global head of Climate Risk Advisory, Liz Henderson, for a discussion on the value of collaborating with academic institutions to further our understanding of the impact of climate on how we live and work. 

• [1:00] The value of partnering with academic institutions when improving climate risks
• [3:07] Insights into the increasing losses associated with climate change
• [4:48] Crafting a robust data prediction program
• [6:20] Strategies that use the knowledge gained from academic research partnerships
• [8:06] A summary of climate risk insights and strategies

Additional Resources:

Decarbonizing Your Business

El Nino and the Storm Brewing in Supply Chains

On Aon Insights Season 2, Episode 1: What Does “ESG” Really Mean?

Aon’s website

Tweetables:

• “We're trying to help our clients understand when you're doing forecasting in this active area of research, that there isn't really one right answer.”  — Liz Henderson
• “You have to have an end-to-end kind of risk program that helps you understand the data going into the different models, the methodologies that they take, the data that's coming out, and the sources of volatility that the models don't account for at all.” — Liz Henderson
• “Over time, the tools we have will get much better and much more refined, to predict that kind of medium and long-term planning.”  — Liz Henderson
• “What does the climate risk program actually need to look like to account for all of that uncertainty that's there?” — Liz Henderson