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Aon highlights global megatrends shaping business risks in 2025
Aon highlights global megatrends shaping business risks in 2025

Techday NZ

time3 days ago

  • Business
  • Techday NZ

Aon highlights global megatrends shaping business risks in 2025

Aon has released its Client Trends 2025 report identifying four interconnected megatrends—Trade, Technology, Weather and Workforce—that are shaping the challenges faced by businesses and society. The report examines how these trends combine to create complexity, volatility and uncertainty for organisations operating in New Zealand and globally. Melissa Cantell, Chief Executive Officer of New Zealand at Aon, highlighted the increasing recognition among local businesses of the interconnected nature of these challenges. Cantell stated, "We're seeing more New Zealand businesses recognise that these challenges aren't happening in isolation, they're all connected. Not only does this make decision-making tougher, but it also makes it more important than ever." She further explained the opportunities available to leaders who are prepared to consider the broader context of these challenges. "The good news is, when leaders take a step back and look at the bigger picture, there's real opportunity. With the right insights and support, they can move with more confidence, adapt faster and turn uncertainty into action," Cantell said. Aon's analysis draws from its expertise in risk capital and human capital to provide perspectives on where the megatrends of Trade, Technology, Weather, and Workforce intersect and how this intersection influences decision-making within organisations. The intersection of Trade and Technology is driving significant innovation in global supply chains, according to the report. These advancements are delivering efficiencies but also introducing new risks. Artificial intelligence (AI) is a core enabler, supporting businesses to navigate increasingly complex regulatory environments, new trade laws, evolving privacy regulations, as well as threats from cyber-attacks and the potential for global trade wars. The report details a shift in the relationship between Technology and Workforce, driven primarily by AI adoption within human resources functions. Organisations are deploying AI to enhance processes in talent acquisition and employee engagement. This trend is not only bringing greater efficiency but also placing an emphasis on upskilling employees to work collaboratively with AI systems. The report notes that for companies seeking to benefit from this transformation, adapting the workforce to incorporate technical skills and maintaining human oversight are crucial to fostering effective decision-making and encouraging innovation. Weather and Workforce is another intersection highlighted by Aon, with extreme weather events reported as becoming more frequent and resulting in higher costs. Findings from Aon's 2025 Climate and Catastrophe Insight report are referenced, stating that global economic losses in 2024 reached approximately NZD$622 billion. Employers, concerned with employee wellbeing, retention and productivity, are facing challenges as weather events impact not only the physical health of employees but also their emotional and financial security. The link between Weather and Trade is also flagged as a growing area of risk. The report notes that climate volatility has a significant impact on global trade, stressing the interconnectedness of international supply chains and exposing the potential financial risks associated with extreme weather events. Organisations are responding by embedding climate risk assessments into their strategic planning processes and creating more diversified supply chains. Aon reports that by anticipating and understanding the likely effect of weather disruptions, companies are improving their ability to maintain resilient trade operations in uncertain conditions.

Aon appoints Andy Marcell to serve as CEO of Global Solutions
Aon appoints Andy Marcell to serve as CEO of Global Solutions

Cision Canada

time5 days ago

  • Business
  • Cision Canada

Aon appoints Andy Marcell to serve as CEO of Global Solutions

DUBLIN, /CNW/ -- Aon plc (NYSE: AON), a leading global professional services firm, announced today that the firm has appointed Andy Marcell to serve as CEO of Global Solutions. As CEO of Global Solutions, Marcell now leads Aon's integrated Risk Capital and Human Capital capabilities across the firm's Reinsurance, Commercial Risk, Health, Wealth and Talent teams. Marcell will remain as CEO of Reinsurance until John Neal joins Aon on September 1, 2025, and continue to report to Aon President and CEO Greg Case and serve on the Aon Executive Committee. "Building integrated capabilities to help our clients address risk and people issues is one of the core commitments of our 3x3 Plan to go further, faster in serving urgent client need," said Case. "Andy has made a tremendous impact integrating our solutions and enhancing the alignment of our Risk Capital and Human Capital capabilities and will advance our strategy to serve clients as one Aon United firm." Marcell, who joined Aon in 2015, most recently served as CEO of Risk Capital, where he successfully brought together the firm's Commercial Risk and Reinsurance solutions. Earlier this month, Aon announced that Lambros Lambrou, previously CEO of Human Capital, now serves as global Chief Strategy Officer, and the firm is conducting a comprehensive search for a successor to lead Human Capital. "Lambros and the Human Capital leadership team have made tremendous progress integrating our Health, Wealth and Talent teams to deliver differentiated data, insights and expertise," said Marcell. "I'm looking forward to bringing our Risk Capital and Human Capital teams closer together to address the unprecedented volatility and complexity facing our clients." Last month, Aon released the firm's Client Trends 2025 report, featuring new insights about the interconnectedness of four megatrends – Trade, Technology, Weather and Workforce – driving complexity, volatility and uncertainty for business and society. The second edition of this report highlights how the interconnectedness of these trends necessitates access to integrated data and analytics, capabilities and expertise to effectively respond to increasingly linked risk and people issues. Marcell will present at the firm's upcoming Investor Day on June 9, 2025, where he will speak to the firm's integrated approach to serving clients across Risk Capital and Human Capital. About Aon 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

Four Interconnected Megatrends Are Driving Global Uncertainty For Business and Society: Aon Report
Four Interconnected Megatrends Are Driving Global Uncertainty For Business and Society: Aon Report

Cision Canada

time01-05-2025

  • Business
  • Cision Canada

Four Interconnected Megatrends Are Driving Global Uncertainty For Business and Society: Aon Report

DUBLIN, May 1, 2025 /CNW/ -- Aon plc (NYSE: AON), a leading global professional services firm, today released its Client Trends 2025 report, which features new insights about the interconnectedness of four megatrends – Trade, Technology, Weather and Workforce – driving complexity, volatility and uncertainty for business and society. "The megatrends of Trade, Technology, Weather and Workforce are creating unprecedented challenges for business leaders, who risk decision paralysis when urgent action is needed," said Greg Case, president and CEO of Aon. "The interconnectedness of these trends means that leaders need access to integrated data and analytics, capabilities and expertise to effectively respond to increasingly linked risk and people issues." Aon's Client Trends 2025 report draws on the firm's Risk Capital and Human Capital expertise to offer a fresh perspective on how these trends intersect and impact decision making. The analysis looks at specific connection points between the trends, including with: Trade and Technology: The intersection of Technology and Trade are fuelling innovation that will deliver much-needed efficiencies in global supply chains. However, with new technology comes significant risks that must be properly managed. Artificial intelligence (AI) plays a vital role in helping move global trade through increasingly complex regulatory challenges, trade laws, privacy regulations and threats from cyber attacks and potential global trade wars. Technology and Workforce: The integration of AI within human resources functions is reshaping job roles and skill requirements across industries. Organizations are increasingly utilizing AI to optimize processes like talent acquisition and employee engagement. This shift not only enhances efficiency but focuses on upskilling employees to work alongside AI. As companies work to capitalize upon this transformation, are evolving their workforce with the necessary technical and maintaining critical human oversight to drive innovation and effective decision-making. Weather and Workforce: Extreme weather events are becoming more frequent and costly. According to Aon's 2025 Climate and Catastrophe Insight report, global economic losses in 2024 amounted to $368 billion. At the same time, employers are more concerned than ever about employee wellbeing, retention and productivity. Employees who work outside face health risks from heatwaves, air quality implications from wildfires and more. Not only can weather events affect employee's physical health, their emotional and financial wellbeing may also be at risk. Weather and Trade: The effects of climate volatility on global trade is another growing risk. This was starkly illustrated by the severe flooding in Spain and its impact on the automotive industry in 2024. Flooding disrupted production and logistics, highlighting the interconnectedness of supply chains and the financial risks posed by extreme weather events. In response, clients are integrating climate risk assessments into their strategic planning and developing diversified supply chains. By understanding and anticipating the impacts of weather-related disruptions, organizations are enhancing their resilience and protecting their trade operations in an increasingly unpredictable environment. About Aon 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

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