Risk Bulletin
Winter Digest 2022
Aon's Professional Services team brings to your inbox, the latest insurance & risk sector news, updates within the team & the latest hot topics within the insurance industry.
Market Update: UK Solicitors’ Firms
A recent overview of market conditions for large UK based solicitors’ firms.
 
Recovery Amidst Recession? 
Design and Construction Professional Liability – Q4 2022
Aon’s Design and Construction Team review market trends for Architects & Engineers and Contractors.
 
On Demand | Aon Insights Series
Returning back in-person for the first time in two years — the Aon Insights Series took place in London last month. The event brought together global subject matter experts, industry thought leaders and senior decision makers to discuss the core issues impacting organisations and the critical decisions that leaders and their teams grapple with day-to-day.

In order to access the recording and content, you will first need to kindly register below. You will then be sent a link to the Attendee Hub where you can access the streaming using the email address you provided at registration.
 
Topics in Risk Retention Series
Retaining Risks in a Captive – Considerations for Professional Service Firms
In the summer of 2021, Aon started a series of articles to help professional service firms consider the question of risk retention.

At that time, for the majority of the previous 15 years, there had been a buyer’s market for commercial insurance. For renewals during this period, firms across all industries faced a firming marketplace for risk transfer, including increasing premiums, decreasing capacity, narrowing of terms and conditions and increasing self-insured retentions or deductibles.

Professional service firms were among the industries impacted by this shift. The Risk Retention series was conceived to help your organisation navigate this firming of the insurance market.
 
Law Firms and Cyber Interruption
How do you Measure and Prove a Loss of Revenue?
As discussed in the Professional Services Practice’s “Looking Ahead: Top Risks Facing Professional Service Firms in 2022 and Beyond” Cyber-attack/data breach was the top rated risk facing firms in 2022. Business interruption was rated 4th in the same Global Risk Management Survey. A significant component of the costs associated with these risks originates from network interruptions.

If you would like join our Law Firm CISO Forum, please get in touch.
 
How Will a Recession Impact the Great Resignation — And Quiet Quitting?    
The Great Resignation and a more recent phenomenon, quiet quitting, pose difficulties for organizations as they seek to attract new talent and retain employees. In this installment of our series on recession challenges, Here, Aon explores how employee priorities are changing and what employers should know.
 
Welcome to the Team   
Aon's Professional Services team are delighted to welcome a new member to the team
 
Season’s Greetings 2022!
The Professional Services team and their Festive Friends would like to wish you a Happy Holiday and prosperous New Year!