Aon launches Brexit risk solution

Aon has launched Brexit Navigator, which will help organisations manage Brexit risks.

The new solution is supported by an interactive tool that presents scenario-based insights for each of the four freedoms of the European Union: goods, capital, services and people.

Brexit Navigator is a three-step solution, suitable for organisations globally that have operations and business interests in the UK. The three steps are:

• Baseline – Evaluates just how Brexit-ready an organisation is, mapping out the potential risks and opportunities.
• Balance – Realigns the risk management and insurance programme to adapt to the new organisational risk tolerance and appetite.
• Horizon – Tests the changes introduced to an organisation’s programme to help ensure resilience for the future.

Grant Foster, managing director UK of Aon Global Risk Consulting, commented: “Extensive conversations with clients from different sectors and geographies over the past four months have given us a unique perspective on companies’ Brexit concerns. These insights, combined with our deep and extensive expertise in risk advisory and solutions, have enabled us to develop Brexit Navigator.”