Aon teams with Lifeguard on crowdsourcing risk research

Aon has teamed with science crowdsourcing platform Lifeguard to drive peer-reviewed research on emerging risks in the property and casualty insurance sectors.

The collaboration aims to deliver insights to the insurance industry to help fill knowledge gaps as well as provide new perspectives in areas such as climate change, extreme weather, biotechnology and nanotechnology.

Lifeguard’s crowdsourcing platform brings together global scientists, subject-matter experts and innovators.

“For many years Aon has been utilizing output from our global academic relationships to inform our understanding of natural hazards and, more recently, climate change,” Aon Reinsurance Solutions US casualty strategic growth leader Amanda Lyons said.

“This collaboration will help to expand our endeavours into new areas of risk, to the benefit of clients and the broader industry.”

Aon says it will also offer insurers and reinsurers the opportunity to co-sponsor emerging risk-relevant research on topics of specific concern, to better inform the decision-making process.