Management Consulting

Aon’s Motor Risk Insights platform was developed to address the challenges businesses face in managing fleet risk and insurance costs. Clients often struggle with the overwhelming amount of data available, making it difficult to identify key areas for improvement in fleet risk performance and to reduce insurance exposure. Aon’s solution integrates telematics data with their risk advisory expertise, enabling organizations to take actionable steps to enhance fleet safety and reduce incidents by as much as 14%. The implementation of Motor Risk Insights involves a seamless connection with existing telematics providers, allowing for straightforward data processing without any downtime for the fleet. Aon aggregates and analyzes this data based on established risk indicators, providing clients with quarterly reports and insights that guide risk management decisions. This tailored approach not only improves fleet safety but also addresses cost factors such as fuel, maintenance, and repairs. Quantifiable results from the Motor Risk Insights platform include a reduction in poor driving behavior by up to 22%, leading to decreased attritional claims and associated costs. The service also enhances decision-making for key stakeholders, such as CFOs and COOs, by differentiating the client's risk profile in the insurance market. Furthermore, Aon’s platform allows for proactive identification of risk trends, enabling early intervention and targeted training for drivers contributing to risk factors. This targeted approach not only reduces training costs but also minimizes off-road time for employees. Overall, Aon’s Motor Risk Insights provides a comprehensive risk management solution that maximizes the value of telematics data, improves fleet safety, and delivers significant cost savings, while also supporting sustainability efforts by measuring CO2 emissions related to fleet operations.