Reinsurance News

Aon appoints Zakhary as CEO of Strategy & Technology Group

17th April 2023 - Author: Jack Willard -

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Global professional services firm Aon has appointed Sherif Zakhary as Chief Executive Officer of its Strategy and Technology Group within Reinsurance Solutions, effective immediately.

Based in New York, Zakhary will lead over 500 colleagues worldwide to accelerate the evolution of Aon’s insurance consulting capabilities. The role will also see him enable clients to make better business decisions that navigate volatility, optimize capital, and drive performance and growth.

In the role, Zakhary will report to to Andy Marcell, CEO of Aon’s Reinsurance Solutions.

Prior to taking on this role, Zakhary was previously co-head of Aon’s strategy consulting team for insurers.

Additionally, he has also previously held senior positions at Guy Carpenter, Zurich and MetLife.

Aon’s Strategy & Technology Group was launched in early 2022. The group takes a holistic view of insurers’ businesses, by combining consulting and software to provide data-driven, actionable insights.

The team also informs and advises re/insurers and capital providers on a range of opportunities, from profitable growth and operational efficiency to building customer relevance and better deploying capital.

Capitalizing on Aon’s professionals across Reinsurance, Commercial Risk, Health, Wealth and Human Capital Solutions, the team is able to deliver capabilities to clients, from advice to execution of transactions.

Commenting on his appointment, Zakhary said: “In a volatile market, every opportunity counts. To meet re/insurers’ strategic objectives and build more resilient businesses, our combination of insurance industry experience and ability to execute strategies, backed up by the power of Aon’s proprietary data and analytics, means clients can make better business decisions.

“I am energized to lead our exceptional team as we crystalize opportunities for clients at the intersection of risk and capital. We remain focused on a risk/reward approach to drive performance and bring relevant and holistic perspectives to existing and new clients in a complex and rapidly changing market environment.”

Marcell, added: “Sherif embodies the experience and passion to deliver value for insurance industry clients with more relevant and impactful insight. Underpinned by a suite of technology across property & casualty and life, Sherif will bring the best of Aon to seamlessly meet a broad range of client goals at scale.”