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ARTICLE · 31 AUGUST 2025

Innovative Insurance Product Launched Through Guernsey Structure To Transform Humanitarian Financing

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Aon and Start Network have launched a bespoke reinsurance mechanism to transform humanitarian financing amid a backdrop of increasing climate crises.

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Aon and Start Network have launched a bespoke reinsurance mechanism to transform humanitarian financing amid a backdrop of increasing climate crises.

The structure for the launch is based in Guernsey within Aon's White Rock Group.

The transaction provides an additional insurance layer to a first-of-its-kind non-governmental-organisation-managed risk pool, Start Ready. As a global pooled fund, it is designed to enable anticipatory action through prepositioned funding for climate risks.

Aon and Start Network's tailored insurance product will ensure that if funds run low due to higher-than-anticipated spending, Start Ready will still be able to support vulnerable communities.

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