Aon launches 'Brexit Navigator' to help firms manage Brexit risks
- Published: Monday, 16 January 2017 09:41
Aon plc has launched Brexit Navigator, a three-step solution designed to help organizations quantify the impact of Brexit risk exposures, and redesign risk management and risk financing structures. Brexit Navigator is supported by an interactive tool that presents scenario-based insights for each of the EU ‘four freedoms’: goods, capital, services and people, which help assess the impact of Brexit.
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."
Brexit Navigator is a three-step solution, suitable for organizations globally that have operations and business interests in the UK:
- Baseline, step one – Evaluates just how Brexit-ready an organization is, mapping out the potential risks and opportunities.
- Balance, step two – Realigns the risk management and insurance programme to adapt to the new organizational risk tolerance and appetite.
- Horizon, step three – Tests the changes introduced to an organization's programme to help ensure resilience for the future.