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Company Insights
Aon – Digital Transformation Strategies
Aon Digital Transformation Strategies Overview Aon has been focusing on using artificial intelligence, cloud, and big data to digitally transform its operations. The annual ICT spending of Aon was estimated at $511.8 million for 2023. A major share of this spending is earmarked for acquiring hardware, ICT services, and consulting services from vendors. Aon is a provider of professional services. The company, through its subsidiaries, offers a range of commercial risk solutions, reinsurance solutions, retirement solutions, health solutions, and data...
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Sector Analysis
United Kingdom (UK) Commercial Property Insurance Market Trends, Competitor Dynamics and Opportunities
The gross written premium (GWP) in the UK commercial property insurance market was valued at GBP12.2 billion in 2022. The commercial property insurance market in the UK is predicted to expand gradually at a CAGR of more than 4% from 2022 to 27. It is projected that factors such as rising repair costs and hardening market rates will fuel premium increases in the coming years. UK Commercial Property Insurance Market Outlook 2022-2027 (GBP Billion) Buy The Full Report for More...
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Thematic Analysis
Remote Sensing in Defense – Thematic Intelligence
Remote Sensing in Defense Thematic Intelligence Report Overview The concept of remote sensing (RmS) has been a staple of military C4ISR capabilities for decades, emerging capabilities in the civilian space market and mounting concerns over geopolitical competition between great powers are driving renewed growth and investment in this sector. The emergence of the ‘sensing-as-a-service’ market is a testament to the innovation potential and growth of the commercial RmS firms. It is also indicates the global defense sector’s lack of comparative...
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Sector Analysis
Swiss Re – Enterprise Tech Ecosystem Series
Swiss Re has been focusing on using artificial intelligence, cloud, big data, cognitive computing, and blockchain to digitally transform its operations. The annual ICT spending of Swiss Re was estimated at $1.8 billion for 2022. A major share of this spending is earmarked for acquiring software, network and communications, and hardware from vendors. Swiss Re provides wholesale reinsurance, insurance, and risk transfer solutions. The company provides reinsurance products for property, casualty, aviation, marine, agriculture, political risk, and surety. The Swiss...
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Analyst Opinions
Internet from Sky: Can LEO Satellites Transform the Future of Connectivity?
The latest space race aims to provide satellite internet with real-time latency for data-intensive industrial and business-oriented communication applications. A shorter trip is a faster trip, hence LEO satellites positioned nearer to the earth are at an advantage to maximize data transmission. LEOs are secure as communication happens in space and hence are not likely to be influenced by natural catastrophes or man-made disasters. With terrestrial access to broadband increasingly constrained, LEOs potentially raise the bar to provide lightning speed...