Integration of Tyche into Aon’s existing solutions will better enable re/insurers to rethink access to capital
LONDON, March 1, 2022 /PRNewswire/ — Aon plc (NYSE: AON), a leading global professional services firm, today announced it has acquired actuarial software platform Tyche from technology and software firm RPC Tyche. The transaction significantly expands Aon’s existing capabilities to help re/insurer clients rethink access to capital and make better business decisions.
The acquisition of Tyche will enable Aon to offer re/insurers a single technology platform with the ability to seamlessly integrate capital modelling, pricing and reserving to drive better decision-making across both life and non-life business.
Nick Frankland, chairman of Aon’s insurance consulting team, said: “This innovative new offering, combined with our existing global capabilities, will help to bring significant value to Aon’s re/insurer clients and deliver new software and consulting solutions to previously underserved markets. As our clients face increasingly complex risks and evolving regulatory…
