Exante and Aon Explore the Opportunity for Parametric Products
Together, we're redefining how data, design, and technology can reshape the risk landscape.
Exante's parametric engine empowers Aon's clients to confidently absorb greater risk exposure and create new insurance products, backed by faster and more predictable coverage.
Benefits to Aon
(Aligned to the Nine Box Framework)
Powered by Parametric Innovation and Agility. This partnership enhances Aon's ability to Protect, Grow, and Optimize through fast, scalable deployment of parametric insurance solutions.
Protect
Deepening Core Relationships Through Innovation
- Modernized Risk Solutions: Parametric insurance provides rapid, transparent payouts, allowing Aon to deliver more predictable protection for clients in high-risk sectors
- Client Retention Through Embedded Value: Embedding parametric products into digital platforms and partner ecosystems creates recurring client touchpoints
- Sticky, Tech-Enabled Relationships: Fast-acting, digital-native solutions strengthen Aon's role as a trusted partner during disruptive events
Grow
Unlocking New Revenue and Market Access
- Parametric as a Growth Engine: Innovative insurance solutions for climate risk, cyber disruption, or operational downtime serve as strategic entry points for SMEs and niche sectors
- Faster Access to Emerging Segments: Through ecosystem partners, Aon can reach previously hard-to-access markets like digital-first businesses and global merchant networks
- Rapidly Scalable Models: The digital nature of parametric offerings allows Aon to launch across industries and geographies quickly
- Cross-Selling from Smart Entry Points: Parametric solutions create pathways to offer broader risk services like business interruption, trade credit, and supply chain coverage
Optimize
Driving Speed, Efficiency, and Scalability
- Accelerated Product Development: Exante's platform allows Aon to move from concept to launch in a matter of weeks, speeding time to market
- Streamlined Underwriting: Real-time data sources such as weather or cyber activity enable automated risk assessment and claims handling
- Cost-Efficient Distribution: Leveraging existing platforms removes the need for separate sales infrastructure, improving overall margins
- Data-Driven Insight: Parametric triggers and client usage data enhance Aon's ability to deliver consultative, insight-led risk management
Strategic Fit: Strengthens high-value client accounts, brings new relevance to underserved segments, and combines technology, speed, and data to give Aon a long-term competitive edge in global insurance delivery.
Bringing the Concept to Life: The Aon GLP-1 Warranty
Exante leveraged its AI supported workflows and technology to produce conversation starting prototypes, video materials and webpages - to facilitate ideation and discussion. These are not final proposals - merely the art of the possible of using our approach to get product engagement moving.
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Concept Overview
A short AI-generated marketing video introducing the GLP-1 Warranty concept and its potential impact.
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Prototype Walkthrough
A demonstration of a customer experience prototype, showing how an Aon Parametric GLP-1 Warranty could look and feel for users.
Exante moved Ideation from whiteboards to Prototypes, AI Video Generation and Website examples to help accelerate the Product Development Life Cycle to demonstrate our Partnership
Check out the Prototype
Exante produced a prototype and mock website to show how quickly technology and AI can accelerate ideation and customer engagement.