Aon Working With Moody’s on Credit Risk

The word from Aon, as they work closely with Moody’s on credit risk insights;

Aon, a leading global professional services firm, has agreed to collaborate with Moody’s to deliver innovative insurance and risk management solutions for clients. 

Through this new collaboration, Aon’s Credit Solutions teams can refer its clients to Moody’s to identify ways in which Moody’s credit data and analytics can unlock valuable credit risk insights. Aon’s unique client expertise paired with Moody’s suite of digital tools can help clients access better insurance broking and risk management outcomes. The rollout of this global referral agreement will start in Europe, with ambitions to expand coverage in the future.

In an era where financial markets are rapidly evolving, the role of data and analytics in credit risk management is increasingly indispensable for finance leaders. By implementing streamlined, data-driven systems, this collaboration can help enable real-time analysis, faster decision-making, and more robust risk assessments. Moody’s credit data and analytics make it possible to track vast amounts of client, industry, and economic data, providing finance teams with deeper insights into creditworthiness and potential exposures.

Nicolas Carreño, Chief Operating Officer, Credit Solutions at Aon, commented: “Leading institutions are increasingly implementing advanced analytics, machine learning, and artificial intelligence to predict credit events, streamline counterparty client assessments, and monitor evolving risk profiles. This has become an effective way to gain a deeper understanding of portfolio risk in light of emerging threats. The depth of our conversations with clients on these matters means that we can identify key areas where credit risk management would benefit from advanced analytics. We believe Moody’s is well placed to help support our clients in moving forward on their credit risk management journey.”

Michael Steel, General Manager, Moody’s – Insurance Solutions, added: “Aon’s Credit Solutions is a world-renowned risk advisor, and its expertise and guidance for clients are highly valued as it continually drives for better risk management outcomes. This deep understanding of client’s needs, together with our respected solutions, will help Aon’s clients to consider the use of Moody’s extensive and diverse data sets, made simple and visible by predictive analytics that help to anticipate the effects of emerging threats, identify vulnerabilities, spot and seize opportunities, and support lasting competitive advantage.”