Chicago — Risk management provider Aon Corp. and Arup, a London-based global multidisciplinary engineering and consulting firm, today announced a strategic alliance that brings to the marketplace an unprecedented pre- and post-loss consulting service that offers clients an independent, global catastrophic risk management solution.
The alliance increases the depth and breadth of Aon's "Rapid Response," a loss mitigation and claims advocacy service borne out of Aon's experience following hurricanes Katrina, Rita, and Wilma in 2005. In addition, it enables the creation of a pre-loss service offering aimed at preparing clients for catastrophic events, to be called "Rapid Response Engineered."
Arup's Catastrophic Risk Management consulting services include the development of long-term risk management solutions, site-specific risk assessment and financial/engineering analysis. These services complement many of Aon's disciplines including natural catastrophe modeling, enterprise risk management, business continuity planning, and property risk control.
As a global provider of multidisciplinary services for business and the built environment, Arup brings a technical background built on decades of experience, having engineered some of the most complex structures in the world. This background provides a solid foundation to its consulting activities on behalf of clients seeking to manage catastrophic risk, reports the company.
Aon's Rapid Response service guarantees on-site expertise from a skilled loss mitigation and insurance claim professional within 48 to 72 hours anywhere in the world. These experts manage the initial activity surrounding the property loss, and act as an extension of the client's risk management department to ensure that a sound, pragmatic recovery plan is developed and implemented. Currently, the team consists of 500 Aon professionals around the globe, including risk engineers, construction estimators, attorneys, forensic accountants, coverage experts, and remediation specialists intimately familiar with helping mitigate losses and building solid claims strategies.
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