UK firms face “converging risks” as disruption accelerates, Aon warns

In a world of accelerating disruption, driven by megatrends in trade, technology, weather and workforce, UK organisations are navigating a risk environment that is more complex, interconnected and unpredictable than ever, according to Aon’s 2025 Global Risk Management Survey 

The survey reveals that the most significant risks for UK businesses are not only intensifying, but converging in ways that demand a strategic, resilient response.

Aon said that the convergence of cyber, business interruption, geopolitical and human capital risks signals a new era for UK risk leaders — one where resilience must be embedded into every decision. Yet, despite the complexity of today’s risk landscape, only 18 percent of UK survey respondents use quantitative analytic tools when evaluating their insurance programmes. This limits their ability to respond to Risk Issues threats or be confident their capital position is optimised.  

Organisations with formal risk oversight and a focus on data and analytics are more likely to be better prepared to navigate uncertainty. Access to alternative sources of capital, such as captives and parametric solutions, is also becoming a strategic priority, the survey said. 

Rob Kemp, chief executive commercial risk, UK at Aon, said: “The risks we face today demand more than incremental change. They require leaders to rethink resilience as a source of competitive advantage, harness data and analytics to anticipate disruption and act decisively to protect and grow their businesses. At Aon, we’re committed to helping our clients turn uncertainty into opportunity, so they can lead with confidence in a world that refuses to stand still.

According to Aon to thrive, UK businesses should:

• Treat risk as a strategic capability, not just a compliance exercise

• Invest in advanced analytics and scenario planning to quantify exposures and inform capital allocation

• Build resilience into operations, supply chains and leadership decision making

• Leverage innovative risk transfer solutions to enhance flexibility and control

To read the full report contact Aon.

Did you get value from this story?  Sign up to our free daily newsletters and get stories like this sent straight to your inbox.