Rather than viewing acquisitions as the default route to expansion, Aon argues that insurers are increasingly matching transaction structures to specific business needs. According to Aon, hybrid pathways bridge the gap between acquisitions and organic growth, giving insurers greater flexibility to pursue expansion while balancing capital deployment, operational capacity and strategic priorities. According to Aon, hybrid growth structures allow insurers to gain access to selected assets, capabilities or revenue opportunities while limiting the level of ownership and operational integration required. According to the firm, acquisitions are increasingly being considered alongside a wider range of growth options rather than as the default strategy. Aon concludes that ownership should be viewed as one element of a wider growth strategy rather than the strategy itself.