Risk Bulletin – Q2 2021
Aon's Professional Services team brings to your inbox, the latest insurance and risk sector news, updates within the team and the latest hot topics within the insurance industry.
Keys To Succession Planning: Lessons From Law Firms
As clients and expectations change, law firms are learning to approach succession planning strategically and consistently. And their lessons can be valuable for any business that counts client relationships among their most important assets.
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Solicitors Regulation Authority Consultation: PI - Aon’s Response
As law firms will be aware, the SRA recently published their consultation paper “Professional Indemnity Insurance: affirmative cyber cover”, and no doubt many from the legal profession have responded. Alongside this, responses were invited from other interested parties such as brokers, insurers and their representative groups.

Aon’s Professional Services team responded, making our recommendation as to how, in our view, law firms and their clients would benefit from coverage being positively affirmed in the Minimum Terms and Conditions.

You are welcome to read the full version here and please get in touch if you would like to discuss further.
Read more
Forthcoming Webinars
We’d like to share some selected events with you which we thought you might find of interest:

Market Update Q3 | 12 July 2021

Aon Client IQ Series | Technical support programme for clients | Sep / Nov

“Fundamentals of Insurance” series available as On-Demand recordings
More info
Cyber Webinar Series: EMEA
Aon’s Cyber Solutions team are hosting a number of webinars throughout 2021 on related Cyber ‘hot topics’, such as Red Team Testing, Cyber budgets and Incident Response Readiness. Past recordings are available, including the latest webinar held on 24 June - “Get off the attack path: how to proactively defend against ransomware risk”:
More info
2021 Cyber Security Risk Report: Professional Services
The velocity of digital change outpaced that of security in 2020 and firms now face tough decisions in increasingly complex environments. This report - which includes a specific section on Professional Services firms - is aimed at providing support for our clients as they navigate a time of rapid digital evolution and effectively prepare for the future.
2021 Cyber Security Risk Report | Professional Services
2021 Cyber Security Risk Report | Full
Save The Date: Law Firm CISO Forum
We are inviting Law Firm CISO's, IT leaders, and their counterparts or colleagues in Risk to save the date for the next ‘Law Firm CISO Forum’ in the series, entitled: MFA for MFA – Cyber resilience needs Multi-Factor Authentication, and a Multi-Factor Approach.

We are close to ‘crisis point’ with Cyber renewals - the dramatic increase in ransomware-related losses is changing security standards for business; insurers are demanding more details about specific controls; and are imposing new non-negotiable requirements. We believe that strong and aligned engagement across key stakeholders in Risk and Security is one of the critical factors to help firms secure the best ‘place at the table’ when negotiating with insurers.

If you are not already a member and are interested in joining the CISO Forum to receive an invitation, or would like more information, please get in touch, using the link below.

Date & Time: Wednesday 15 September, 2:30 – 3:30pm (BST)
Get in touch
Saying Goodbye &  Thank You….
We are sad to announce that we will be losing three valued and long-serving team members - Ann Edwards, Carol Gell and Sue Wager, who collectively share over 100 years of service to Aon between them! We thank them for everything they have done for Aon’s clients and wish them all the very best and a happy & healthy retirement.

Giles Bentley, Head of Professional Services team

Earlier in the week, we managed to catch up with them and have a chat about their time at Aon and what their future plans might look like…
Read the interview with Ann, Carol & Sue

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Aon UK Limited is authorised and regulated by the Financial Conduct Authority

The information contained in this document is intended to assist readers to understand COVID-19 issues and is for general guidance only. This document is neither intended to address the specifics of your situation nor is it intended to provide medical, legal or specific risk advice. You should review the information in the context of your own circumstances (including further safety or medical information from credible sources) and develop an appropriate response. Each insurance policy must be specifically reviewed to determine the extent, if any, of coverage for COVID-19 noting that coverage may vary depending on jurisdiction and circumstances. Whilst care has been taken in the production of this document, Aon does not warrant, represent or guarantee the accuracy, adequacy, completeness or fitness for any purpose of the document or any part of it and can accept no liability for any loss incurred in any way by any person who may rely on it. Any recipient shall be responsible for the use to which it puts this document. This document has been compiled using information available to us up to its date of publication and is subject to any qualifications made in the document.





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