Latest news with #AonBrokerCopilot
Finextra
13 hours ago
- Business
- Finextra
Aon launches AI platform for commercial insurance placement
Aon, a leading global professional services firm, today announced the launch of Aon Broker Copilot, a proprietary, patent-pending platform that uses artificial intelligence, large-language models and predictive analytics to transform the commercial insurance placement process. 0 This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. Developed in-house and co-designed with the firm's frontline brokers, Aon Broker Copilot is designed to streamline complex workflows, elevate placement strategy and deliver better outcomes for clients navigating an increasingly volatile risk environment. "Aon Broker Copilot equips our brokers with the tools to lead with insight powered by client priorities and real-time data," said Clyde Bernstein, head of placement technology and trading analytics for Aon. "For the first time, we're capturing and structuring data across all submissions—quoted or not taken up—so we can provide brokers and clients with live intelligence of pricing, carrier appetite and market sentiment. It's a smarter, faster way to make better decisions." By capturing and standardizing data from every submission—whether quoted, bound, or declined—Aon Broker Copilot provides an unprecedented view into how the global insurance market is pricing risk. This comprehensive dataset allows Aon to move beyond anecdotal insights, enabling brokers to deliver sharper, real-time advice to clients based on actual market behaviour, not just completed deals. It fills a critical intelligence gap, helping clients make better decisions in a dynamic and competitive environment. The platform integrates seamlessly with Aon's suite of Risk Analyzer and is powered by one of the industry's largest repositories of structured risk trading data. It enables Aon's brokers to surface analytics at the point of decision, prepare higher-quality submissions and engage with carriers in a more strategic and insightful manner. "As risk becomes more complex, the future of broking will belong to firms that can combine expertise with intelligence at scale. Aon Broker Copilot reflects how Aon is undertaking one of the most ambitious digital transformations across the broker universe. The platform is the next step in predictive broking, enabling our brokers to operate with greater precision, consistency and insight to deliver better outcomes for our clients around the world," said Joe Peiser, CEO of Commercial Risk for Aon. "The industry is undergoing a fundamental shift." "We're redefining how capital matches risk, harnessing digital innovation to deliver faster, smarter solutions that help our clients tackle emerging challenges before they escalate. By staying ahead of new and evolving threats, we ensure our clients are resilient, informed and primed to grow in a world where their most valuable assets are now intangible not physical." Launching first with Aon's U.S. National Property and London Global Broking Centre Property teams, the platform will expand to additional business lines and geographies throughout 2025 and 2026. Aon Broker Copilot also demonstrates the firm's 3x3 Plan in action—raising the bar on service delivery and scaling innovation across the firm. Specifically, in 2024, Aon committed $1 billion to help clients make better decisions on interconnected issues through its Risk Capital and Human Capital capabilities, while deploying AI and advanced analytics to turn data into real-time, actionable insight. With Aon Broker Copilot, the firm advances that mission and modernizes the business of broking, bringing together the firm's global scale, proprietary data and AI capabilities to help clients access capital with greater speed, clarity and confidence.
Yahoo
2 days ago
- Business
- Yahoo
Aon Unveils AI-Powered Broker Copilot to Modernize Insurance Placement
In a strategic move toward embracing digital innovation, Aon plc AON introduced an AI-driven platform, Aon Broker Copilot, designed to simplify and enhance the insurance placement process. This initiative is part of the company's larger digital vision to revolutionize the way brokers work, merging artificial intelligence with data analytics to provide quicker, smarter and more insightful insurance solutions. The Aon Broker Copilot will act as a helpful digital assistant for brokers. It allows them to leverage real-time data, predictive analytics and cutting-edge automation. This tool merges proprietary data with market insights to provide customized risk solutions, streamline manual tasks and improve client outcomes. The Copilot system gathers and organizes data from every client submission, including any quotes that aren't utilized. The introduction of this tool perfectly illustrates the firm's 3x3 Plan in action — an ambitious strategy aimed at enhancing client service and speeding up innovation. With a hefty $1 billion investment backing it, this plan highlights Aon's dedication to integrating AI and data-driven insights into every aspect of its operations. The company first rolled out its Broker Copilot with the U.S. National Property team and the London Global Broking Centre Property team. This approach provides Aon with the chance to improve the platform in high-impact markets before expanding its reach to other business lines and regions. This launch marks a significant turning point in the broking industry. Integrating structured data and AI at the decision-making stage can enhance the accuracy and speed of placement strategies. This may give AON a competitive edge in risk advisory services. Over the past year, AON shares have gained 22.9% compared with the industry's rise of 18.3%. Image Source: Zacks Investment Research AON currently carries a Zacks Rank #3 (Hold). Some better-ranked stocks in the broader finance space are Horace Mann Educators Corp HMN, Heritage Insurance Holdings Inc. HRTG and EverQuote Inc EVER, each sporting a Zacks Rank #1 (Strong Buy) at present. You can see the complete list of today's Zacks #1 Rank stocks here. The Zacks Consensus Estimate for Horace Mann Educators' current-year earnings of $4.01 per share has witnessed two upward revisions in the past 60 days against none in the opposite direction. Horace Mann Educators beat earnings estimates in three of the trailing four quarters and met once, with the average surprise being 24.1%. The consensus estimate for current-year revenues is pegged at $1.7 billion, implying 6.6% year-over-year growth. The Zacks Consensus Estimate for Heritage Insurance's current-year earnings of $3.25 per share has witnessed two upward revisions in the past 60 days against no movement in the opposite direction. Heritage Insurance beat earnings estimates in each of the trailing four quarters, with the average surprise being 363.2%. The consensus estimate for current-year revenues is pegged at $854.9 million, calling for 4.6% year-over-year growth. The Zacks Consensus Estimate for EverQuote's current-year earnings is pegged at $1.17 per share, implying 33% year-over-year growth. EverQuote beat earnings estimates in each of the trailing four quarters, with the average surprise being 122.6%. The consensus mark for the current-year revenues is pegged at $644.1 million, calling for 28.8% year-over-year growth. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Aon plc (AON) : Free Stock Analysis Report EverQuote, Inc. (EVER) : Free Stock Analysis Report Horace Mann Educators Corporation (HMN) : Free Stock Analysis Report Heritage Insurance Holdings, Inc. (HRTG) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
3 days ago
- Business
- Yahoo
Aon Broker Copilot to transform insurance placement with AI
Global professional services firm Aon has introduced Aon Broker Copilot to augment the commercial insurance placement process through AI and predictive analytics. The platform was developed in-house and co-designed with frontline brokers to streamline complex workflows and elevate placement strategies. By standardising data from every submission, Aon Broker Copilot offers a comprehensive view of how the global insurance market prices risk. This dataset enables brokers to provide real-time advice based on actual market behaviour, moving beyond anecdotal insights. The platform aims to fill a critical intelligence gap, assisting clients in making informed decisions in a competitive environment. Aon Broker Copilot integrates with Aon's Risk Analyzer suite and leverages one of the industry's largest structured risk trading data repositories. It allows brokers to access analytics at crucial decision points, enhancing the quality of submissions and strategic engagement with carriers. Initially launched with Aon's US National Property and London Global Broking Centre Property teams, the platform is set to expand to additional business lines and regions throughout 2025 and 2026. Aon states that the launch of the new platform aligns with its 3x3 Plan, which focuses on scaling innovation. In 2024, Aon pledged $1bn to help clients navigate interconnected issues through enhanced risk capital and human capital capabilities, utilising AI and advanced analytics for actionable insights. Aon commercial risk CEO Joe Peiser stated: 'As risk becomes more complex, the future of broking will belong to firms that can combine expertise with intelligence at scale. 'Aon Broker Copilot reflects how Aon is undertaking one of the most ambitious digital transformations across the broker universe. 'The platform is the next step in predictive broking, enabling our brokers to operate with greater precision, consistency and insight to deliver better outcomes for our clients around the world.' "Aon Broker Copilot to transform insurance placement with AI" was originally created and published by Life Insurance International, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.
Cision Canada
3 days ago
- Business
- Cision Canada
Aon Launches Aon Broker Copilot to Modernize Insurance Placement with AI and Data at Scale
Firm is undertaking one of the most ambitious digital transformations across the broker universe DUBLIN, June 23, 2025 /CNW/ -- Aon plc (NYSE: AON), a leading global professional services firm, today announced the launch of Aon Broker Copilot, a proprietary, patent-pending platform that uses artificial intelligence, large-language models and predictive analytics to transform the commercial insurance placement process. Developed in-house and co-designed with the firm's frontline brokers, Aon Broker Copilot is designed to streamline complex workflows, elevate placement strategy and deliver better outcomes for clients navigating an increasingly volatile risk environment. "Aon Broker Copilot equips our brokers with the tools to lead with insight powered by client priorities and real-time data," said Clyde Bernstein, head of placement technology and trading analytics for Aon. "For the first time, we're capturing and structuring data across all submissions—quoted or not taken up—so we can provide brokers and clients with live intelligence of pricing, carrier appetite and market sentiment. It's a smarter, faster way to make better decisions." By capturing and standardizing data from every submission—whether quoted, bound, or declined—Aon Broker Copilot provides an unprecedented view into how the global insurance market is pricing risk. This comprehensive dataset allows Aon to move beyond anecdotal insights, enabling brokers to deliver sharper, real-time advice to clients based on actual market behaviour, not just completed deals. It fills a critical intelligence gap, helping clients make better decisions in a dynamic and competitive environment. The platform integrates seamlessly with Aon's suite of Risk Analyzer and is powered by one of the industry's largest repositories of structured risk trading data. It enables Aon's brokers to surface analytics at the point of decision, prepare higher-quality submissions and engage with carriers in a more strategic and insightful manner. "As risk becomes more complex, the future of broking will belong to firms that can combine expertise with intelligence at scale. Aon Broker Copilot reflects how Aon is undertaking one of the most ambitious digital transformations across the broker universe. The platform is the next step in predictive broking, enabling our brokers to operate with greater precision, consistency and insight to deliver better outcomes for our clients around the world," said Joe Peiser, CEO of Commercial Risk for Aon. "The industry is undergoing a fundamental shift." "We're redefining how capital matches risk, harnessing digital innovation to deliver faster, smarter solutions that help our clients tackle emerging challenges before they escalate. By staying ahead of new and evolving threats, we ensure our clients are resilient, informed and primed to grow in a world where their most valuable assets are now intangible not physical." Launching first with Aon's U.S. National Property and London Global Broking Centre Property teams, the platform will expand to additional business lines and geographies throughout 2025 and 2026. Aon Broker Copilot also demonstrates the firm's 3x3 Plan in action—raising the bar on service delivery and scaling innovation across the firm. Specifically, in 2024, Aon committed $1 billion to help clients make better decisions on interconnected issues through its Risk Capital and Human Capital capabilities, while deploying AI and advanced analytics to turn data into real-time, actionable insight. With Aon Broker Copilot, the firm advances that mission and modernizes the business of broking, bringing together the firm's global scale, proprietary data and AI capabilities to help clients access capital with greater speed, clarity and confidence. Aon plc (NYSE: AON) exists to shape decisions for the better — to protect and enrich the lives of people around the world. Through actionable analytic insight, globally integrated Risk Capital and Human Capital expertise, and locally relevant solutions, our colleagues provide clients in over 120 countries with the clarity and confidence to make better risk and people decisions that protect and grow their businesses. Media Contact [email protected] Toll-free (U.S., Canada and Puerto Rico): +1 833 751 8114 International: +1 312 381 3024 SOURCE Aon plc
