Aon

Emmanuel Dubreuil and François Bucchini Appointed to PartnerRe’s Board

Retrieved on: 
Tuesday, November 7, 2023

Joining the Board are Emmanuel Dubreuil and François Bucchini, effective November 7, 2023.

Key Points: 
  • Joining the Board are Emmanuel Dubreuil and François Bucchini, effective November 7, 2023.
  • Mr. Dubreuil and Mr. Bucchini replace Sylvestre Frézal and Thierry Francq.
  • Mr. Dubreuil is Head of Insurance and Reinsurance Initiatives at Covéa.
  • Commenting on the appointments, PartnerRe Board Chairman, Thierry Derez said, “On behalf of the Board, Jacques Bonneau and I would like to thank Sylvestre and Thierry for their contributions during their time on the PartnerRe Board.

Failure to Attract and Retain Talent Reaches Highest Ever Ranking in Aon Survey, Elevating Human Capital as a Key Business Risk

Retrieved on: 
Tuesday, November 7, 2023

In 2023, "attracting and retaining top talent" ranked fourth globally, after not breaking the top 10 in 2021, demonstrating a shift in how risk managers are viewing human capital today.

Key Points: 
  • In 2023, "attracting and retaining top talent" ranked fourth globally, after not breaking the top 10 in 2021, demonstrating a shift in how risk managers are viewing human capital today.
  • Still, only 11 percent of survey respondents indicated they have quantified their people risks, illustrating a significant gap between risk awareness and risk preparedness.
  • "We are at a pivotal moment in time, when business leaders are recognizing the true cost of human capital challenges and the reality that people risk intensifies all other top business risks," said Lambros Lambrou, CEO of Human Capital at Aon.
  • Business interruption remains the number two risk since Aon's 2021 survey, reflecting the reality that business interruption events are increasing and can affect multiple industries and companies simultaneously.

Failure to Attract and Retain Talent Reaches Highest Ever Ranking in Aon Survey, Elevating Human Capital as a Key Business Risk

Retrieved on: 
Tuesday, November 7, 2023

In 2023, "attracting and retaining top talent" ranked fourth globally, after not breaking the top 10 in 2021, demonstrating a shift in how risk managers are viewing human capital today.

Key Points: 
  • In 2023, "attracting and retaining top talent" ranked fourth globally, after not breaking the top 10 in 2021, demonstrating a shift in how risk managers are viewing human capital today.
  • Still, only 11 percent of survey respondents indicated they have quantified their people risks, illustrating a significant gap between risk awareness and risk preparedness.
  • "We are at a pivotal moment in time, when business leaders are recognizing the true cost of human capital challenges and the reality that people risk intensifies all other top business risks," said Lambros Lambrou, CEO of Human Capital at Aon.
  • Business interruption remains the number two risk since Aon's 2021 survey, reflecting the reality that business interruption events are increasing and can affect multiple industries and companies simultaneously.

How Suite It Is: Chief Wellness Officer Coming to a Company Near You - Aquila Insight Report

Retrieved on: 
Thursday, November 2, 2023

Pioneering this change, more companies are now championing the role of the Chief Wellness Officer (CWO), as illuminated by wellbeing leader, Aquila.

Key Points: 
  • Pioneering this change, more companies are now championing the role of the Chief Wellness Officer (CWO), as illuminated by wellbeing leader, Aquila.
  • The CWO initiative, initially aimed at mitigating burnout among healthcare professionals, especially during the pandemic, has expanded across diverse sectors.
  • A CWO's remit involves championing holistic wellness, covering physical, mental, financial, and social health, a niche focus compared to broader HR responsibilities.
  • As a leading force in wellbeing and fitness services, Aquila guides organizations in sculpting effective strategies to promote holistic employee well-being.

The International Mass Timber Conference's Rapid Growth Inspires Improvements and New Partnerships for the 8th Annual Event in 2024

Retrieved on: 
Thursday, October 26, 2023

PORTLAND, Ore., Oct. 26, 2023 /PRNewswire-PRWeb/ -- Over 3,000 attendees from 39 countries packed the Oregon Convention Center at the International Mass Timber Conference last March, an increase of 900 from the year before. In preparation for even more attendees in 2024, the event's producers — Trifecta Collective and WoodWorks — are thrilled to announce updates for the 8th annual event, set for March 26–28, 2024, in Portland, Oregon.

Key Points: 
  • The Mass Timber Conference's hallmark has been constant improvement and innovation each year to add ever-increasing value for attendees.
  • The 2024 theme is "Timber Beyond Boundaries," which compliments the conference's annual tradition of expanding capacity, functionality, and attendee experience.
  • A free, hot-off-the-press PDF of the annual International Mass Timber Report — fully updated and improved for 2024 — is sent to each attendee's email inbox during the event.
  • "ULI is thrilled to align with the International Mass Timber Conference as a collaborative partner for the 2024 event," said Andrea Newton, Executive Director of ULI Northwest.

International Mass Timber Conference Forges Game-Changing Partnership with the Urban Land Institute on a Developer-Focused Educational Track

Retrieved on: 
Tuesday, October 24, 2023

PORTLAND, Ore., Oct. 24, 2023 /PRNewswire-PRWeb/ -- The future of sustainable construction is set to ignite in a dynamic collaboration announced today. The International Mass Timber Conference and co-producer WoodWorks proudly unveil an unprecedented partnership with the trailblazing Urban Land Institute (ULI) Northwest and the visionary ULI Randall Lewis Center for Sustainability.

Key Points: 
  • The International Mass Timber Conference and co-producer WoodWorks proudly unveil an unprecedented partnership with the trailblazing Urban Land Institute (ULI) Northwest and the visionary ULI Randall Lewis Center for Sustainability.
  • ULI is thrilled to align with the International Mass Timber Conference as a collaborative partner for the 2024 event.
  • ULI's partnership with the Mass Timber Conference, the world's largest mass timber event, marks a turning point in industry collaboration.
  • The 2024 Mass Timber Conference is not merely an event: it's a movement shaping the trajectory of the mass timber industry.

Position Imaging Secures $30M Funding to Support Growth and Market Expansion

Retrieved on: 
Thursday, October 19, 2023

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20231019360717/en/
    An iPickup Solution - iPickup UPS Access Point (Photo: Business Wire)
    The Smart Package Room solution is a new package management system created by Position Imaging.
  • “Position Imaging has proven this new approach is extremely effective with a clear market fit and we are now ready to expand quickly.
  • "We are pleased to support the company as it introduces solutions that ease the burden of eCommerce fulfillment for landlords and storeowners and are excited to provide the capital to support the company's retail growth and geographical expansion."
  • "We are excited to support innovative companies with intellectual property portfolios like Position Imaging to help them unlock the potential value of those IP assets and pursue growth independent of equity market volatility."

Aon: Record $50bn U.S. Severe Convective Storm Losses Drive Total Natural Catastrophe Toll in 2023

Retrieved on: 
Thursday, October 19, 2023

LONDON, Oct. 19, 2023 /PRNewswire/ -- Aon plc (NYSE: AON), a leading global professional services firm, today launched its Q3 Global Catastrophe Recap report, which analyses natural hazard activity worldwide in the third quarter of 2023 and for the first nine months of the year, to help clients navigate volatility, build resilience and make better decisions. 

Key Points: 
  • Year-to-date economic losses totalled $295 billion, compared to a 21st century annual average of $310 billion.
  • The aggregated death toll from 2023 natural catastrophe events had breached 75,000 during the same period, making 2023 the deadliest year since 2010.
  • For the first time, insured losses from SCS in the U.S. surpassed $50 billion and accounted for 60% of global insured losses.
  • Aon's research about the drivers of severe convective storm (SCS) insured losses is available here .

Aon: Record $50bn U.S. Severe Convective Storm Losses Drive Total Natural Catastrophe Toll in 2023

Retrieved on: 
Thursday, October 19, 2023

LONDON, Oct. 19, 2023 /PRNewswire/ -- Aon plc (NYSE: AON), a leading global professional services firm, today launched its Q3 Global Catastrophe Recap report, which analyses natural hazard activity worldwide in the third quarter of 2023 and for the first nine months of the year, to help clients navigate volatility, build resilience and make better decisions. 

Key Points: 
  • Year-to-date economic losses totalled $295 billion, compared to a 21st century annual average of $310 billion.
  • The aggregated death toll from 2023 natural catastrophe events had breached 75,000 during the same period, making 2023 the deadliest year since 2010.
  • For the first time, insured losses from SCS in the U.S. surpassed $50 billion and accounted for 60% of global insured losses.
  • Aon's research about the drivers of severe convective storm (SCS) insured losses is available here .

Aon Launches Multi-Industry Franchise Solutions Program to Help Businesses Manage Risk

Retrieved on: 
Thursday, October 19, 2023

CHICAGO, Oct. 19, 2023 /PRNewswire/ -- Aon plc (NYSE: AON), a leading global professional services firm, today announced the launch of Aon's Franchise Solutions program in North America. Powered by CoverWallet technology, Aon's franchise solutions are designed to better inform, advise and protect franchise businesses.

Key Points: 
  • Powered by CoverWallet technology, Aon's franchise solutions are designed to better inform, advise and protect franchise businesses.
  • Aon helps franchise businesses understand and manage risk across their franchisee network, while also delivering customized insurance programs to franchisees at scale.
  • Aon's Franchise Solutions Program provides a unique experience that simplifies their insurance management journey, helps protect businesses from unknown risks and helps franchise networks function seamlessly," said Andreea Stefanescu, head of North America partnerships for Aon's Digital Client Solutions.
  • The program helps franchise networks navigate the intricate web of insurance policies and regulations to help keep their business protected.