February 8, 2025
Intangible Assets

Aon reports persisting protection gap for intangible assets


Aon, a global insurance and reinsurance broker, highlights that a significant protection gap persists for intangible assets such as artificial intelligence (AI), cyber, and intellectual property (IP).

According to findings from Aon’s recent report, only 19% of intangible assets are insured, whereas its 60% for tangible assets. However, the likelihood of a loss for intangible assets is far greater than that of tangible assets. Aon estimates that the average loss for intangible assets is almost 37% higher.

Moreover, in the past two years, 56% of organisations had a material or significantly disruptive security exploit or data breach at least once.

Despite this, the majority of organisations either use or intend to use AI products or services.

The report notes that most organisations do not obtain specific IP insurance policies, however, almost two-thirds have expressed an interest in purchasing them.

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In response, Aon’s report aims to offer businesses insights to provide a better understanding of the evolving threats of AI, cyber, and IP. It highlights how insurance works to protect intangible assets to help organisations make better decisions regarding allocation of their finite resources to protect against tangible and intangible perils.

Lori Goltermann, Chief Client Officer & CEO Global Enterprise Clients at Aon, states, “Large, complex, global organisations that execute a data and analytics-based enterprise risk management process are better positioned to maximise value and mitigate risks from their intangible assets.”

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