Aon unveils Brexit tool

Aon has unveiled its Brexit Navigator, a three stage process aiming to help organisations quantify Brexit risk exposures and redesign risk management and risk financing structures. Aon revealed that Brexit Navigator is complimented by an interactive tool that presents scenario-based insights for goods, capital, services and people, in order to help assess the impact of Brexit. The solution is available to organisations globally that have business interests in the UK. The three steps start with “baseline” which evaluates how Brexit-ready an organisation is, then “balance” realigns the risk management and insurance programme to adapt to the new organisational risk tolerance and appetite. Finally, “horizon” tests the changes introduced to an organisation's programme. 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."