Aon has set up a network to address climate risks facing the global community.

The Weather & Climate Risk Innovation network draws on Aon’s group-wide knowledge and experience, and is backed up by the advanced data and analytics knowhow of partner specialist firms.

“Given that most businesses are exposed to weather volatility at different points in their operations, there is clearly a demand for tailored and effective climate and weather solutions,” Aon Benfield Global Head of Weather Kurt Cripps said.

“Our data and technology enables us to offer firms customised parametric solutions that provide protection for the climate volatility and weather events most likely to adversely impact their revenues and profitability.”