Aon has appointed Jeff Alpaugh as Chief Commercial Officer, Risk Capital, where he will lead the firm’s global commercial strategy for Risk Capital, supporting clients in aligning capital, insight and risk solutions as they pursue growth in an increasingly complex market.
In his expanded role, Alpaugh will build on this experience to further align Aon’s Risk Capital capabilities around client needs, particularly for organisations undertaking large‑scale investment and growth initiatives.
He will continue to serve as president alongside his new role and will report to Joe Peiser, CEO of Risk Capital, who commented, “Jeff is a proven commercial leader with a deep understanding of clients, markets and the role Risk Capital plays in helping organisations grow with confidence.
“As client needs continue to evolve, Jeff’s ability to connect strategy, execution and investment will be critical to delivering integrated Risk Capital capabilities at scale.”
Alpaugh has nearly four decades of experience in the insurance and risk management industry. He joined Aon in 2023 as president of North America, playing a key role in shaping regional strategy and execution while advancing enterprise-wide commercial priorities.
Before joining Aon, he spent more than 30 years at Marsh, holding senior leadership roles focused on driving growth, deepening client relationships and supporting complex, capital-intensive organisations.
Alpaugh commented, “I’m excited to take on this role at an important time for clients and our business. Demand for integrated Risk Capital capabilities continues to grow as organisations navigate more uncertainty and higher‑stakes capital decisions.
“My priority is to ensure our commercial strategy stays closely aligned to client needs — bringing together insight, expertise and capital to help clients make better decisions and support long‑term, sustainable growth.”
