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Practical applications of data visualization: Aon's Political Risk Map

The risk of political instability in emerging-market countries is a growing concern for risk managers and multinational organizations. To help them identify their exposures and track the associated risks, the Aon Crisis Management Group publishes and regularly updates the Aon Political Risk Map

Now, I know that a business blog like this is not the place to plug your own company's products and services; however, I've received special clearance to spotlight the integration of Aon's Political Risk Map into the RiskConsole Intelligent Mapping application. I hope you'll take two and a half minutes to watch this demo-style video, "Visualizing Exposures and Their Associated Risks: Integrating the Aon Political Risk Map into RiskConsole's Intelligent Mapping Application." 

Topics: reporting and data visualization intelligent risk mapping

Experience Conference Preview: Moving forward with Advanced Query

The agenda is available for the 15th annual Aon eSolutions Experience Conference, taking place in New Orleans from September 22nd through the 24th. I’ve already had one of the RiskConsole users I work with ask about a session I’ll be leading called “Advanced Query: Maximize the Power (RCFE301).” Since many of our clients subscribe to and read the eSolutions blog, this seems like a good place to open a dialogue about the session as well as expand on the brief description in the agenda.

Topics: risk management software reporting and data visualization Experience 2014

How a partnership lets our customers benefit from location analytics

Customers and colleagues alike often ask those of us on the Aon eSolutions Product Management team to explain why we sometimes partner with third-party software firms when we develop new capabilities. The answer almost always comes back to the concept of core competencies. Our expertise lies in risk, claims and safety software. It simply doesn’t make sense for us to develop—to take one actual example—our own business intelligence application; in the case of BI, we partner with IBM and integrate its market-leading Cognos BI tool into our RiskConsole risk management information system.

Location analytics is another example—specifically Intelligent Mapping, our geographic data visualization application. Here we partner with Esri, the undisputed leader in the geographic information systems (GIS) market to offer our customers a risk mapping tool that we believe is the best in the RMIS market.

Topics: reporting and data visualization intelligent risk mapping

Tesco benefits from greater control of its claims data using RiskConsole

Our fourth ‘client focus’ blog looks at how the insurable risk team at Tesco has been able to gain full control over their claims data to improve store safety and reduce accidents. The retail giant also uses data in RiskConsole, a risk management information system, to implement risk mitigation programmes that have reduced indemnity spend and deliver a competitive advantage.  

Topics: risk management software best practices risk data risk management data reporting and data visualization exposure management renewal data collection

Client Focus: The taste of success for global property and casualty risk data

In this our third “client focus” blog post, we look at how Heinz has used Aon RiskConsole to help them better manage their global property and casualty risk data for renewals and also to track property recommendations.  

Topics: risk management software best practices risk data risk management data reporting and data visualization exposure management renewal data collection

Iliinsky’s 4 pillars of effective “data visualization”—for risk, claims and safety managers

Last month, I led a webinar for Aon eSolutions clients on the topic of “Effective Reporting and Visualization.” The webinar was part of the Third Thursday Client Webinar Series, which is an informational, education-oriented monthly virtual presentation focusing on a topic of importance to our clients in the fields of risk management, claims administration and safety management. 

In recent months, I’ve spent a lot of time researching the theory and practice of effective data visualization, which was a big part of last month’s webinar. In this blog post, I’d like to give an overview of what effective data visualization can mean for risk, claims and safety managers. 

Topics: risk management software risk management data reporting and data visualization

Top factors for evaluating a risk management system and suppliers

As well as ensuring your preferred risk management information system provider speaks your language, you'’ll need to thoroughly assess the usability of the system. Below are six important considerations to help you evaluate systems and suppliers.

Topics: risk management software risk data reporting and data visualization

Transforming risk management and our world through maps: Thoughts from Esri's user conference

I recently had the good fortune to attend the Esri Business Summit and User Conference  in San Diego. Esri is the leading global provider of geographic information systems (GIS) and provides the software behind Aon’s Intelligent Risk Mapping application. The conference drew some 15,000 attendees from all parts of the globe who use Esri’'s software. At the Business Summit I was honored to present two papers on how Aon eSolutions has implemented Esri’s GIS software within our RiskConsole risk management information system and the value it is providing to our customers.

Topics: risk management software reporting and data visualization

How Target uses risk data to help manage claim and safety outcomes

Experience 2013: A preview of Target's session

Using predictive analytics and risk data to help manage claim and safety outcomes

I recently spoke with Eric Oldroyd, Group Manager, Risk Finance, with retail giant Target about his presentation at the upcoming Aon eSolutions 2013 Experience Conference in Atlanta. This will be the second time Eric has presented on the topic, but as you'll read in the Q&A below, Target has made major strides in its predictive analytics program, and Eric also plans to share some highly transferrable, practical advice about how risk managers can use RiskConsole to perform some basic, but still very useful, predictive analytics of their own.

Topics: risk management software risk data reporting and data visualization

Risk reporting and mapping: How risk management software aids decision making

Risk and safety managers often frame answers to key risk questions in geographic terms. Reporting and analytics give the ability to transform all your data into easy-to-read and interactive charts and graphs that aid decision making. All risk management software vendors provide some level of built-in reporting and mapping, but the depth and ease of use will vary greatly.

Topics: risk management software risk data reporting and data visualization