Catalyst Technologies and Aon agree partnership Published: Tuesday, 25 May 2021 12:59
Aon has announced a partnership agreement with Catalyst Technologies, helping to strengthen the response to weather climate risk in Australia. Under the agreement Aon will be able to offer clients the opportunity to access a threat intelligence and critical event management platform - iluminr, developed by Catalyst Technologies. This allows organizations to protect people and business operations by providing early warning alerts, enabling leaders to proactively communicate and react to emerging climate related threats with speed.
Severe weather events are the most common (and costliest) drivers of property damage in Australia with severe thunderstorms and hail being the costliest natural peril costing the local insurance market close to AUD $1 billion each year.