Aon has launched two new consulting-led tools designed to help risk and finance leaders assess property and casualty exposures, prioritise mitigation measures and make decisions on risk investment and insurance strategy.

The property risk diagnostic and casualty risk diagnostic are intended to replace subjective risk ratings and static reporting with data-driven analysis, giving organisations a clearer view of where their greatest exposures lie and where mitigation investment could have the greatest impact.

The property risk diagnostic combines modeled and historic loss estimates covering natural catastrophe and day-to-day property risks. The analysis takes existing risk improvements into account and allows clients to compare sites and hazards, assess resilience options and develop investment cases.

The casualty risk diagnostic analyses claims data covering auto liability, general liability and workers' compensation alongside Aon’s proprietary benchmarking data. Clients can use the tool to identify loss drivers, compare performance with anonymised peer groups and track progress against total cost of risk targets.

Christian Hoffman, CEO of commercial risk at Aon, said: “Clients are asking a sharper question than a few years ago: not just what their risk is, but what to do about it and what it is worth. Our property risk diagnostic and casualty risk diagnostic are two distinct tools built for two distinct problems, but they share the same purpose: giving risk and finance leaders an evidence base they can act on with confidence.”

The casualty solution is initially available to clients in North America, with wider international availability planned for 2027.

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