Global re/insurance broker Aon has announced the launch of its multi-industry Franchise Solutions program in North America, designed to better inform, advise and protect businesses.
The new offering, powered by CoverWallet technology, aims to help franchise businesses understand and manage risk across their franchisee network, while also delivering customised insurance programs to franchisees at scale.
Franchisors benefit from real-time coverage verification that provides insights on compliance and potential exposure, through innovative digital tools, data and analytics. Aon provides real-time insights to analyse risk exposures and compliance standards, empowering franchisors to make better decisions.
Andreea Stefanescu, head of North America partnerships for Aon’s Digital Client Solutions, said: “Managing insurance for franchisors and franchisees is not always simple and straightforward, especially for multi-unit operators.
“Aon’s Franchise Solutions Program provides a unique experience that simplifies their insurance management journey, helps protect businesses from unknown risks and helps franchise networks function seamlessly.”
Aon offers franchisees dedicated broking resources, tailored coverage at preferred rates designed to meet franchisor compliance requirements at various levels, and a simple buying experience.
By managing insurance policies online, receiving multiple quotes in real time and obtaining certificates of insurance with the platform, Aon is able to eliminate friction in the insurance buying and servicing process – thus closing protection gaps and reducing the time franchisees spend on insurance.
