Aon Global Risk Insight Platform, the industry-leading and award-winning real-time electronic platform that tracks Aon’s placements globally, has hit a new milestone with its 500,000th trade being put through the system since its May 2008 launch on 19 July, 2010.
Aon GRIP is the world’s largest proprietary database of insurance placement data, delivering critical marketplace intelligence to Aon associates and its clients. It provides insight across carriers, industries and products on every level, from individual transactions to global trends, though all data is aggregated in order to protect client confidentiality. The system also enables benchmarking of like risks placed throughout the globe in order to help clients evaluate insurer performance and anticipate shifts in the market.
All of this information allows Aon’s broking teams to design an optimum insurance programme with the insurers that are best suited to its clients. Aon GRIP is unique and proprietary to Aon, and provides dramatically improved, fact-based insights into Aon’s $54 billion in global premium flow, assisting Aon brokers in identifying the best options for clients regardless of geography.