Insurance

Virtual reinsurance renewal season supports insurers during pandemic

By Ranamita Chakraborty

In the absence of usual face-to-face industry conferences and meetings during the COVID-19 pandemic, Aon has launched its virtual reinsurance renewal season for insurers.

On this occasion, the broker has also called upon the (re)insurance industry to collaborate in order to bring capital closer to clients’ needs and drive growth across the global insurance ecosystem.

“In an uncertain global economy, one thing is clear – reinsurance has never been more important as a strategic tool for client success. We are committed to collaborating with insurers and markets towards the 1st January renewals to help clients protect people and assets, strengthen their balance sheets and make better business decisions that reduce volatility,” said Aon Reinsurance Solutions business CEO Andy Marcell.

Many of the Aon’s insurer clients will interact with broking, analytics and claims teams through virtual meetings.

Meanwhile, the virtual reinsurance renewal season platform also aims to capture the conference experience with latest insights on market dynamics and the impact of the novel coronavirus pandemic; innovation labs; newsroom as well as fireside chats with C-suite leaders.

The fireside chats will discuss the challenges and opportunities facing major (re)insurers and insurance buyers, sharing both perspectives. It will be hosted by Aon CEO Greg Case, Aon president Eric Andersen, global chairman of Aon’s Reinsurance Solutions business Dominic Christian as well as Mr Marcell.

The guests for the fireside chats include former Danish prime minister Helle Thorning-Schmidt, Lloyd’s CEO John Neal and Peak Re CEO Franz Hahn.

Asia Insurance Review

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