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Aon's CFO says cyber threats have overtaken geopolitics as CEOs' top concern

Cybersecurity has overtaken geopolitical risk as the leading concern for chief executives, according to Aon finance chief Edmund Reese, who said executives are increasingly focused on managing multiple interconnected risks, including cyberattacks, geopolitical instability, AI investment, and talent shortages, rather than addressing individual threats in isolation. Reese said Aon is investing heavily in AI to improve productivity and client service, with AI-driven automation contributing 70 basis points of margin improvement in the second quarter. The company also said AI-enabled risk analysis tools have increased request-for-proposal win rates by 40%, supporting growth from new clients and expanded business with existing customers. Aon is continuing to expand its client-facing workforce, targeting 4% to 8% growth this year after increasing those roles by 6% in 2025. Reese said the company's strategy centers on helping clients better quantify financial risks and make informed decisions about which exposures to retain and which to transfer to insurers or other providers.

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