Episode 12: Brandstorm Talks with Joe Simon About Risk Management
In this episode of Brandstorm, we would like to welcome Joe Simon to the show. Joe is here to talk with us about risk management and the importance of having a crisis and continuity plan in place.
Joe is a corporate insurance consultant at Aon Risk Management. Aon provides a wide variety of corporate insurance solutions, of which Joe’s focus is on risk management. Based out of Aon’s Green Bay and Milwaukee, Wis., offices, Joe serves Wisconsin and Midwest corporations.
Protecting your Brand
U.S. corporate decision makers say the #1 risk they face is protecting their brand. Did you know you can be insured to implement a marketing awareness and issues management plan in the event of a disaster or product recall? Find out what kinds of coverage you need and how to avoid being put out of business.
How to Prepare for a Crisis
Surveys have found that the majority of businesses, big and small, understand the importance of having a crisis plan. That said, very few actually have a plan in place. Joe covers the necessary risks to be prepared for, and how to take steps in creating plans against those threats.
What is Insurable, and What is Not
Joe goes into detail about the various liabilities where companies can find themselves at risk, including what is and what isn’t insurable.
Broker vs. Agent
There is a difference between an insurance broker and an insurance agent. Joe explains who benefits from the two types of insurance representatives.
As technology advances, risks can change and new risks can arise. Joe says some of the more immediate threats to companies may include continued cyber breaches and corporate espionage risks, as well as an emerging risk related to artificial intelligence.
Aon is a leading global professional services firm providing a broad range of risk, retirement and health solutions. Our 50,000 colleagues in 120 countries empower results for clients by using proprietary data and analytics to deliver insights that reduce volatility and improve performance.
Contact Joe Simon: