Aon targets AI and tech start-ups with new risk advisory service

Aon has announced the launch of its Accelerate Programme, a new service specifically designed to provide growing businesses in the UK with comprehensive risk and insurance advice.

Aon said that its Accelerate Programme has been designed with technology start-ups and scale-ups in mind. Acknowledging the special requirements of those unleashing the power of artificial intelligence (AI) and automation, the new service recognises that the intellectual property (IP) of a growing business is often its most valuable asset.

“Aon’s Accelerate Programme goes beyond simply the provision of insurance. Using the full power of Aon’s global solutions, the Accelerate Programme, provides scale-ups with comprehensive risk and insurance advice, and helps business leaders manage and mitigate the risks that can threaten to slow or curtail their business plans,” the company said.

Steve Wilson, head of Aon’s Accelerate Programme, said: “We know that entrepreneurs at start-ups and rapidly growing businesses are hugely confident and ambitious, and that an element of risk – often high – is unavoidable if they are to realise their growth potential. When operating in hi-tech and innovative environments such as AI, there are possible risks - especially around IP which is vulnerable to theft and infringement - and these can threaten the future viability of a business.

“Aon’s Accelerate Programme acknowledges and addresses this challenge. It is delivered by a dedicated team that is highly experienced in both the technology sector and in working with growing organisations. We are here to remove obstacles to growth and to protect the liquidity assets of a business as it develops. That’s whether it’s at start-up, or at the Series C stage of funding and beyond. Aon’s Accelerate Programme works equally well for founders and investors alike, delivering the conditions for confident and stable growth.”

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