On Aon

With record heatwaves, drought, wildfire and other perils, how can the insurance industry protect and fuel innovation in the face of climate challenges? 

Featured in this episode: 

Petra Schmidt, global industry leader, Enterprise Client Group
Liz Henderson, global head of Climate Risk Advisory

• [1:50] The impact of climate risk on employees
• [2:37] Heat stress is often underrepresented in climate models
• [4:15] Key proactive considerations for employers when handling extreme heat
• [5:50] Tangible strategies for reducing carbon footprint
• [10:41] The value of expert risk transfer support

Additional Resources:

Aon’s website

Special Edition: Preparing Business for Changing Weather

Climate Analytics Unlock Capital to Protect People and Property

2024 Client Trends Report: Better Decisions in Trade, Technology, Weather and Workforce

Tweetables:

• “Any organization that has started to experience extreme weather events and the impact they have on the ability to be resilient in the face of climate change are starting to feel the pain of ignoring the implications of climate on people.” — Liz Henderson
• “Heat is going to impact people before it impacts anything else.” — Liz Henderson
• “Having a tangible, quantifiable transition plan is part of your risk management strategy.” — Liz Henderson
• “Insurance is your ally, and oftentimes it is the key to unlocking investment into your organization.”  — Liz Henderson

Chronic diseases caused by a poor diet are responsible for more than 70 percent of all deaths globally, making healthy food choices a critical component of overall health and wellness. What — and how much — you eat is the leading factor for heart disease, stroke, diabetes and certain cancers. Today’s Better Being episode talks about the impact nutrition has on productivity, the steps you can take to improve your health and the importance of making sustainable and healthy diet choices.

Experts in this episode: 
Rachel Fellowes, Chief Wellbeing Officer, Aon 
Dr. Michael Greger, M.D. FACLM, Founder, President, NutritionFacts.org

• [3:45] Why nutrition is essential in wellbeing
• [4:56] Diet is a combination of what you eat and how you eat it
• [5:41] The direct impact of nutrition on productivity
• [6:40] Key tips for improving health from Dr. Greger
• [7:57] Considerations for obtaining quality food intake
• [8:37] The impact of diet on work productivity
• [10:15] Recent findings from landmark health studies
• [12:48] The importance of sustainable and healthy lifelong choices

The content made available in this podcast is provided for informational purposes. Remember to consult your doctor or other health care provider before beginning a new diet or exercise program.

Additional Resources:

Aon’s website

Better Being Series: Discover the ‘Blue Zones’ Where People Live Longer

Better Being Series: Improving Your Financial Wellbeing

Better Being Series: Are You Taking Care of Your Digital Wellbeing?

Better Being Series Dives into Women’s Health

Rachel Fellowes LinkedIn

Aon’s Workplace Wellbeing

Aon’s 2022-2023 Global Wellbeing Survey

Dr. Michael Greger Resources

• NutritionFacts.org
• Instagram

Tweetables:

• “The number one source of death in the U.S., the UK and the world more broadly is humanity’s diet.” — Dr. Michael Greger
• “Diet is the single most important decision we can make in terms of our health and wellbeing.” — Dr. Michael Greger
• “The good news is that we have tremendous power over our health, destiny and longevity.” — Dr. Michael Greger
• “Real foods that grow out of the ground are our healthiest choices.” — Dr. Michael Greger
• “In terms of productivity and diet, it’s really all about health.” — Dr. Michael Greger

As weather intensifies, leaders increasingly look to climate and weather mitigation strategies. But weather can often take a backseat to other risks of technology, trade, and workforce. This special “On Aon” episode explores a powerful tool for weather risk: parametric insurance. 

Experts in this episode: 
Laura Wanlass, Partner and Global Head of Corporate Governance Consulting
Liz Henderson, Global Head of Climate Risk Advisory

• [2:29] Key questions linking parametric insurance and the management of weather risk
• [2:41] How does parametric insurance work?
• [4:42] How these policies are becoming increasingly important to businesses
• [6:33] Addressing the protection gaps in the face of increasingly extreme weather with parametric insurance
• [9:53] Steps for the practical application and implementation of parametric insurance
• [12:30] Underscoring the impact of weather on every aspect of business

Additional Resources:

Climate Analytics Unlock Capital to Protect People and Property

2024 Client Trends Report: Better Decisions in Trade, Technology, Weather and Workforce

On Aon Special Edition: 2024 Business Decision Maker Survey

On Aon Special Edition: Aon’s 2024 Client Trends Report

2024 Business Decision Maker Survey

Tweetables:

• “Parametric products have been around for a pretty long time in the insurance space, but there’s still a lack of understanding of how they actually work.” — Liz Henderson
• “There are many sources of volatility related to natural disasters that are not easily identifiable or quantifiable in an indemnity product.” — Liz Henderson
• “Insurance only picks up version portions of most losses, so that gap between what insurance covers and doesn’t cover is the protection gap.” — Liz Henderson
• “Clients have to have an understanding of the risk that they’re actually facing on a holistic basis.” — Liz Henderson
• “It isn’t just about physical property damage anymore. Weather affects all aspects of your business.” — Liz Henderson

Where are the Blue Zones, the areas around the world where communities are continually producing centenarians and demonstrating an exceptional quality of life. And what are they getting right? Today’s Better Being episode considers lifestyles in the Blue Zones, and how leaders can use these characteristics to build a team culture that makes healthy choices. Resulting in the greatest ROI of all: longer life. 

Experts in this episode: 
Rachel Fellowes, Chief Wellbeing Officer, Aon 
Danny Buettner, EVP, Chief Development Officer, Blue Zones

• [3:21] Characteristics of Blue Zones around the world
• [4:48] The fountain of youth is found in the Blue Zones
• [6:54] The common denominators including rituals, behaviors, and habits
• [9:58] Implementing a team culture that makes healthy choices naturally
• [14:16] The unmatched ROI of adding a year to life expectancy

Additional Resources:

Aon’s website

Better Being Series: Improving Your Financial Wellbeing

Better Being Series: Are You Taking Care of Your Digital Wellbeing?

Better Being Series Dives into Women’s Health

Rachel Fellowes LinkedIn

Aon’s Workplace Wellbeing

Aon’s 2022-2023 Global Wellbeing Survey

Danny Buettner Resources: 

• LinkedIn
• Blue Zones Website
• Netflix Documentary: Live to 100: Secrets of the Blue Zones 
• NFX: The Business Case for Longevity

Tweetables:

• “These researchers found cultures and environments that produce centenarians at scale, consistently, with a fraction of the disease prevalence.” — Danny Buettner
• “Of the 350 people we studied, not a single one of them pursued health.  Not a single one of them pursued longevity, or resilience, or purpose or connection or happiness...it ensued.”  — Danny Buettner
• “[These results] were a by-product of where you live and who you pursue life with.” — Danny Buettner
• “There is no greater ROI than adding a year or two of life expectancy to the world.” — Danny Buettner

What does financial wellbeing mean and how can you improve it? In today’s Better Being episode, our experts explore financial wellbeing and offer steps and strategies both employers and colleagues can take in the workplace to improve it.

Featured in this episode: 
Rachel Fellowes, chief wellbeing officer, Aon 
Bobbi Rebell, CFP, founder and CEO of Financial Wellness Strategies

• [4:38] Defining financial wellbeing as it relates to happiness
• [7:26] Bobbi’s motivation to establish Financially Wellness Strategies
• [9:19] The role of the workplace in cultivating healthy financial wellbeing
• [12:00] Bobbi’s approach to increasing financial literacy in adults
• [16:01] Strategies for supporting better employee financial wellbeing

Additional Resources:

Aon’s website

Better Being Series: Are You Taking Care of Your Digital Wellbeing?

Better Being Series Dives into Women’s Health

Rachel Fellowes LinkedIn

Aon’s Workplace Wellbeing

Aon’s 2022-2023 Global Wellbeing Survey

Bobbi Rebell Resources:

• Newsletter
• Books
• Website

Tweetables:

• “The workplace creates both a challenge and a huge opportunity to have financial wellness conversations.” — Bobbi Rebell
• “It is important for employers to understand that to get the best out of their workforce, [financial conversations] make a lot of business sense.” — Bobbi Rebell
• “The workforce is where we can really make an impact, not only for employees but companies benefit from this as well.” — Bobbi Rebell
• “Structured programs with accountability can be very effective [in supporting financial wellbeing].” — Bobbi Rebell

Business leaders around the world face growing complexity and volatility. Aon’s new Better Decision Maker Survey gathered insights from over 800 C-suite and business executives in North America, UK and Europe about four Megatrends across Trade, Technology, Weather and Workforce that are impacting businesses. Aon’s Global CEO of Commercial Risk Solutions, Joe Peiser, hosts a discussion about the insights derived from the survey with Aon experts Richard Waterer, global risk consulting leader; Spencer Lynch, global security consulting leader; Liz Henderson, global head of Climate Risk Advisory; and Lisa Patel, head of health and talent for EMEA.  

• [0:33] Four megatrends shaping the future of business
• [2:27] Risks linked to trade are among leader’s top concerns
• [4:09] Concerns over new and evolving technology risks
• [5:44] Insights into the impact of extreme weather and changing climate
• [7:40] Balancing workforce costs with a compelling employee experience

Additional Resources:

Aon’s website

2024 Business Decision Maker Survey

Special Edition: Aon’s 2024 Client Trends Report

Aon’s 2024 Client Trends Report

Tweetables:

• “Businesses are more connected than ever before, and they have a greater dependence on third parties.” — Richard Waterer
• “The good news that we see from the survey is that business decision makers recognize the importance of assessing not just the potential positive impacts of embracing change, but also understanding the risk that they’re going to face.” — Spencer Lynch
• “There’s a lot of opportunities for our clients to lean into really understanding how weather risk manifests itself throughout their business.” — Liz Henderson
• “The key to all of this is how to make decisions, it will be using data to make the right decisions.” — Lisa Patel

Clients are always looking for new protection solutions in a changing marketplace. Alternative risk transfer (ART) offers alternative solutions that can help them manage risk and access capital more effectively. Host and Head of Strategy & Program Management Office, Commercial Risk EMEA and London GBC, Natalia Svirshchevsky, is joined by Rob Kemp, strategic broking director, EMEA, and Guy Malyon, strategic broking director, EMEA, for a look at the ins and outs of ART.

• [1:30] The impact of ART on conversations with clients
• [3:50] Evolution of market conditions in the casualty space
• [4:56] The value of ART solutions in the changing marketplace
• [9:12] Clients that are typically bringing more ART to their portfolio
• [11:08] Benefits of parametrics for clients and the wider market

Additional Resources:

Aon’s website

Capabiliity Overview of Risk Transfer

Risk Financing

Tweetables:

• “The market is definitely transitioning and improving and it’s provoking conversations around different ways of managing risk and volatility.” — Rob Kemp
• “Those companies with U.S. or high hazard industries are still seeing increases, still seeing compression in terms and conditions, in particular capacity, and we don’t see that changing too much this year.” — Guy Malyon
• “We’re trying to make sure that all of that risk capital is brought to our clients to give them flexibility in what has been a challenging marketplace, but more importantly, set them up for years to come so they become more resilient to the marketplace and flexibility and changes within it.” — Rob Kemp
• “I haven’t yet found a line of business that wouldn’t be applicable to ART.” — Guy Malyon

In today’s fast paced world, employees and employers alike are struggling to balance between being productive while also staying healthy. In today’s Better Being episode, host and Aon’s Chief Wellbeing Officer, Rachel Fellowes, is joined by Amy Blankson, Co-founder & Chief Evangelist at Digital Wellness Institute, for a conversation about digital wellbeing in the modern workplace and how to maintain a healthy tech-life balance. 

• [3:11] Defining digital wellbeing and why Amy decided to set up the Digital Wellness Institute
• [5:10] Insights on the impact of hybrid working on digital wellbeing after COVID-19
• [6:53] The challenges of hyper-responsible tech use in high performing adults
• [7:54] Maximizing a digital balance to maximize productivity and satisfaction in the workforce
• [11:01] Sources of burnout and the importance of setting digital boundaries

Additional Resources:

Aon’s website

Better Being Series Dives into Women’s Health

Rachel Fellowes LinkedIn

Aon’s Workplace Wellbeing

Aon’s 2022-2023 Global Wellbeing Survey

Amy Blankson Resources:

• LinkedIn profile
• Website
• Digital Wellness Institute website
• Digital Wellness Day

Tweetables:

• “Digital wellbeing is the opportunity that we have to maximize the benefits of technology while mitigating the harms that come along with it.” — Amy Blankson
• “83 percent of employees are now turning to employers looking for help navigating tech-life balance.” — Amy Blankson
• “It’s very hard to step off the treadmill when the entire world is on it together.” — Amy Blankson
• “As technology continues to advance, it becomes even more important that we as adults develop a sense of digital balance.” — Amy Blankson
• “It’s not just that you’ve been sitting at a desk all day. It’s that your brain is trying to manage so many things at once, and that can be exhausting.” — Amy Blankson
• “We have the capacity as adults and leaders to make some very small micro changes in our lives that will help us move to a state of flourishing.” — Amy Blankson

Aon studies show that 83 percent of companies now have a wellbeing strategy in place and prioritize employee health. In today’s Better Being episode, host and Aon’s Chief Wellbeing Officer, Rachel Fellowes, is joined by Orthopedic Sports Surgeon and Founder and CEO of Precision Longevity, Dr. Vonda Wright, MD, MS, for a discussion on women’s health – specifically, menopause. They explore the importance of bringing both men and women into the conversation about the impact of menopause on a woman’s physical and mental health as well as careers.

• [3:35] Insights into the effects of menopause on mental and physical health and careers
• [10:18] Statistics about the workforce impact of menopause and perimenopause
• [11:15] Leading research on improved menopausal health
• [17:06] Strategies to include healthy patterns in the workplace
• [20:14] Incorporating innovative health initiatives into a company's wellbeing agenda

Additional Resources:

Aon’s website

Rachel Fellowes LinkedIn

Aon’s Workplace Wellbeing

Aon’s 2022-2023 Global Wellbeing Survey

Dr. Vonda Wright Resources:

• Website
• LinkedIn Profile
• Instagram
• HOT For Your Health Podcast

Tweetables:

• “We’re not only talking about the physical health of a woman. We’re talking about the mental health of a woman, and we’re also talking about the career of a woman.” — Dr. Vonda Wright
• “Our charge is not only to understand this but to provide a way for women in their peak to thrive.” — Dr. Vonda Wright
• “This is not a woman’s conversation. This is a population conversation.” — Dr. Vonda Wright
• “Great businesses will be interested in the health of their employees.” — Dr. Vonda Wright
• “Fertility is not the only part of a woman’s health that needs supporting.” — Dr. Vonda Wright
• “Reinvesting profits into this critical portion of our workforce is not only the right thing to do from a human standpoint, it’s a good business use case.” — Dr. Vonda Wright

Businesses today face unprecedented volatility and complexity driven by profound transitions – or megatrends – across Trade, Technology, Weather and Workforce. In this episode, Aon President Eric Andersen speaks with Aon’s Lambros Lambrou, CEO of Human Capital, and Andy Marcell, CEO of Risk Capital, about the megatrends highlighted in Aon’s 2024 Client Trends Report and opportunities for business leaders to take action on interconnected risk and people issues.

• [0:33] Four megatrends that are shaping business decision making
• [1:45] Trade and technology insights from Aon’s 2024 Client Trends Report
• [2:44] Changing weather and workforce trends from the report
• [3:51] How clients are addressing trends through a Risk Capital and Human Capital lens
• [5:30] Aon’s approach to accelerating solutions for clients

Additional Resources:

Aon’s website

Aon’s 2024 Client Trends Report

Aon Unveils Client Trends Report Highlighting Interconnected Risk And People Issues

Aon’s 2023/2024 Global Risk Management Survey

Special Edition: Aon CEO Greg Case on 2024 and Evolving to Serve Clients

Tweetables:

• “More important is the interconnectivity of industry around the world and how we navigate that on behalf of our clients.” — Andy Marcell
• “Employers have started addressing wellbeing very differently.” — Lambros Lambrou
• “Seeing ‘attracting and retaining talent’ rise to the number four global risk that companies face was extremely telling in how our thinking has evolved on traditional risk topics.”— Lambros Lambrou
• “We’re actively addressing people risk with our clients in a much more connected way across our integrated Human Capital and Risk Capital capabilities.” — Lambros Lambrou
• “It is very apparent the C-suite decision making will need to be informed by both risk and human analytics as we look to protect their people and grow their businesses.” — Andy Marcell