VIPR Announces Strategic Engagement with Aon to Transform Delegated Authority Operations

Key Terms

delegated authority technical

Delegated authority is the formal handing of decision-making power from a company’s board, executive, or regulator to a manager, committee, or outside party to act on specific matters. Like lending someone the car keys for a particular trip, it speeds routine decisions and lets specialists act quickly, but it also matters to investors because it affects oversight, accountability, and the risk that decisions may be made without full board review.

reinsurance financial

Reinsurance is when insurance companies buy insurance for themselves to protect against very big losses. It’s like a car owner getting extra coverage from another company so that if there's a serious accident, the financial hit isn’t all on one company. This helps insurance companies stay stable and able to pay out when disasters happen.

bordereaux management technical

Bordereaux management is the process of collecting, checking and processing regular itemized reports—called bordereaux—that list insurance or reinsurance transactions such as premiums written, policy details and claims. For investors, reliable bordereaux management is like having accurate delivery manifests: it ensures a company records revenue and liabilities correctly, speeds up claims reconciliation and cash flow, and reduces the risk of accounting errors or unexpected losses that can affect financial results.

coverholder technical

A coverholder is a business granted formal authority by an insurance carrier to sell policies, bind coverage, and handle claims on the carrier’s behalf. Think of it like a local store allowed to sell products and honor warranties for a larger brand: it expands distribution and shifts some operational control, which affects how premiums, risks and regulatory oversight are shared and how reliable an insurer’s reported revenue and liabilities may be.

Multi-year engagement to deliver intelligent automation and operational clarity across global reinsurance platform

LONDON--(BUSINESS WIRE)-- VIPR Solutions, a leading provider of Delegated Authority technology, has announced a multi-year engagement with Aon plc (NYSE: AON) to automate and enhance delegated authority operations across Aon's global reinsurance platform.

The engagement will see Aon implement VIPR's technology suite to drive operational transparency, data accuracy, and speed to market across its delegated authority business. Through intelligent automation of bordereaux management, data analytics, and coverholder administration, VIPR technology will enable Aon to scale its operations whilst maintaining the clarity and control essential to its clients.

The engagement reinforces VIPR's position as the trusted technology partner for delegated authority, bringing its enterprise client base to four of the world's top ten (re)insurance brokers by revenue.

Paul Templar, Co-Founder and CEO at VIPR, said: "Aon's decision to choose VIPR reflects a shared commitment to transforming delegated authority through technology. This engagement demonstrates that leading global brokers recognise intelligent automation as critical to delivering superior client outcomes and operational excellence."

Bob Olson, Risk Capital Chief Product Officer, and CIO Reinsurance, Aon said: "We continue to explore and invest in solutions that enhance value and drive better decisions for our clients. Our engagement with VIPR helps us to achieve this goal across our growing delegated authority operations.”

About VIPR

Founded in 2009, VIPR Solutions is a leading technology provider for the global delegated insurance sector. VIPR offers robust solutions for bordereau reporting, automating key back-office tasks such as bordereaux management, coverholder management, and regulatory compliance.

Trusted by a wide range of clients globally, with the largest share of Lloyd’s Managing Agents and an increasing number of leading brokers using VIPR platforms, VIPR is present in the UK, Belgium, Luxembourg, Spain, Switzerland, US and Canada. With a strong commitment to data security and privacy, VIPR is a SOC 2 compliant organisation, ensuring the highest standards for our customers. Follow VIPR on LinkedIn and X. Stay up to date by visiting VIPR’s newsroom.

About Aon

Aon plc (NYSE: AON) exists to shape decisions for the better — to protect and enrich the lives of people around the world. Through actionable analytic insight, globally integrated Risk Capital and Human Capital expertise, and locally relevant solutions, our colleagues provide clients in over 120 countries with the clarity and confidence to make better risk and people decisions that protect and grow their businesses.

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Aon UK Limited is authorised and regulated by the Financial Conduct Authority for the provision of regulated products and services in the UK. Registered in England and Wales. Registered number: 00210725. Registered Office: The Aon Centre, The Leadenhall Building, 122 Leadenhall Street, London EC3V 4AN. Tel: 020 7623 5500. FP #13218 has been approved until March 6^th, 2028, after which time the content should not be used or distributed.

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View source version on businesswire.com: https://www.businesswire.com/news/home/20260310084525/en/

Press contact for VIPR: Matt Beasley, tel. +44 7384 466 791, mbeasley@fullcirclecomms.co.uk

Source: VIPR