Aon Romania’s evolution reflects the transformation of the local business environment, where increased investment, more complex projects and the emergence of new risks have prompted companies to adopt increasingly specialized approaches to risk management. Today, Aon Romania’s portfolio includes both traditional insurance solutions and services addressing complex risks, such as cyber risks, directors’ and officers’ (D&O) liability, and financial risks associated with trade credit.

“The most significant transformation over these 20 years has been the evolution of our role, from insurance broking to specialized consulting focused on the actual needs of businesses. Today, risk management requires an in-depth understanding of business models, expertise in specific risk categories, and the ability to identify solutions that deliver long-term value. We aim to support our clients in their decision-making processes by providing them with the insights and tools they need to navigate an increasingly complex and unpredictable economic environment,” says Eugen Anicescu, CEO of Aon Romania.

From Insurance Broking to Specialized Risk Management Consulting

One of the most significant changes over the past 20 years has been the evolution of the relationship between businesses and risk consultants. Whereas in the past the approach focused primarily on identifying and placing insurance solutions, companies today have access to specialists dedicated to specific risk categories and to analyses that enable them to develop solutions tailored to each business’s risk profile.

At the same time, the range of needs for which companies seek support has expanded. Cyber risks, directors’ and officers’ liability, financial risks, and the need for coverage that protects projects throughout their entire lifecycle are among the key areas addressed by Aon Romania’s current operations.

In its client relationships, the company has observed a growing professionalization of the risk management function and greater involvement of dedicated specialists in identifying and assessing exposures. In this context, consulting and the ability to tailor solutions to businesses’ actual needs have become essential elements of broking services.

A concrete example of the company’s contribution to the development of the local economy is its involvement in insuring transport infrastructure. Over the years, Aon has insured more than 20% of Romania’s motorway infrastructure, a sector in which the scale of investment and the complexity of projects may require access to international insurance expertise and capacity.

Being part of a group with international expertise enables Aon Romania to access solutions and risk transfer capacity from outside the local market whenever the size or complexity of a project exceeds the capabilities available in Romania. This advantage is particularly relevant for large-scale investments, where risk management is an important component of project financing and continuity.

Investing in People and Technology: Priorities for the Years Ahead

Looking ahead, Aon Romania aims to continue developing its team’s professional capabilities, contribute to greater awareness of emerging risks, and expand clients’ access to international expertise and solutions.

The company believes that economic volatility, climate change, technological developments, shifts in international trade, and workforce-related challenges will continue to influence how organizations define their risk strategies. At the same time, the use of artificial intelligence and the development of risk analysis tools will play an increasingly important role in supporting decision-making.

“In the years ahead, the difference will be made by our ability to combine professional expertise with tools that help us better understand risks and their implications. Artificial intelligence will contribute to developing this capability, but the real value lies in how we use information to build solutions that are relevant to each client. Ultimately, risk is a matter of perspective: different companies may perceive the same threat differently, and the consultant’s role is to facilitate the necessary dialogue to identify the right perspective and the best course of action,” says Eugen Anicescu.

The 20th anniversary is being celebrated under the theme “The Art of Navigating Uncertainty”, which reflects the role of risk management consulting in an economic environment where it is impossible to anticipate every eventuality. Still, their impact can be better assessed and managed.

For Aon Romania, the next stage of development will continue to be built around its team and organizational culture, the deepening of its expertise, and its ability to bring solutions to the local market that address increasingly complex risks.

About Aon Romania

Aon Romania is the local subsidiary of Aon plc (NYSE: AON), the global leader in providing risk management solutions, insurance and reinsurance brokerage, human resources consulting, and outsourced services. Aon plc delivers the highest-quality services to its clients by combining innovative and efficient risk solutions with the technical expertise of its global resources. Multiple industry sources have repeatedly recognized Aon plc as the world's best broker, best insurance intermediary, best reinsurance intermediary, best employee benefits consultant, and best captive manager. Visit aon.com for more information about Aon.

Aon Romania is one of the most essential insurance brokers in Romania, offering professional services to commercial companies and financial institutions. Aon develops data-driven strategies delivered by experts that reduce clients' volatility, helping maximize performance.