Aon launches fuel insurance product

Broker Aon is offering a new fuel insurance solution for clients with heavy fuel consumptions.

The cover will be triggered if the cost of fuel rises to exceed an agreed limit. The policy will cover the difference between the agreed price and the higher price and will be paid out monthly.

Chris Bhatt, global head of sales, marine at Aon, said: “Aon is committed to identifying, understanding and developing innovative solutions to meet our clients’ evolving needs. With the launch of this solution, we are pleased to support our clients as they navigate an increasingly complex commercial environment and address long-tail risks to promote corporate resiliency and sustainability.”

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