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Aon launches product to minimize business interruption in Canada


May 2, 2008   by Canadian Underwriter


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Aon has introduced its Global Rapid Response program to Canada.
Global Rapid Response provides post-loss mitigation and recovery consulting, helping on the ground at the loss location.
The program is designed to help minimize the financial impact of a catastrophic property-damaging event, document the loss, and create a claim foundation that will lead to the maximum recovery of lost assets and revenue.
The program saw its Canadian launch during the Risk and Insurance Management Society (RIMS) conference in San Diego.
Global Rapid Response provides a guaranteed on-site evaluation of a major property loss within 72 hours at any location around the globe. In addition, it provides:
40 hours of consultative business recovery and loss mitigation guidance;
co-ordination of all emergency and temporary repairs/restoration procedures and vendors;
preliminary reports estimating the total direct and indirect financial exposures and overall property claims; and
real-time access to all claim documentation and digital photographs of images.
Arnold Mascali, president of Aon Horizons and managing director for Aon Global Risk Consultants, said the service is available to non-Aon clients as well. The fees associated with Rapid Response could be covered by an insurance policy.


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