Re/insurance broker Aon has created a global Accident, Health & Life practice group in its Reinsurance Solutions business to help insurers take advantage of growth opportunities in the sector.
The group will be chaired by Roger Smith, who was previously Head of Accident, Health & Life for EMEA in Aon’s Reinsurance Solutions business and has worked at the firm for over 20 years.
Smith and his team will be responsible for scaling opportunities on a global basis, building on Aon’s global network and working closely with its property and casualty brokers.
Nick Frankland, UK CEO of Aon’s Reinsurance Solutions business and executive sponsor for the practice group, commented the announcement.
He stated: “Whether tackling evolving healthcare regimes, negotiating annuity deals to free up capital or managing unpredictable catastrophic events, we are ready to help insurers grow in a competitive environment and help them develop capital strategies to embrace emerging opportunities.”
Earlier this month, Aon named one of its long-standing senior leaders, Dan Magee, as UK Chairman of the Aon Reinsurance Solutions business.