Global insurance and reinsurance broker Aon’s Australian third-party distribution business, One Underwriting, has appointed Adam Cox as its new Director, as former One Underwriting Director, Alison Smith, transitions to the firm’s broking area.
Cox joins the broker after eight years with reinsurance giant Swiss Re, where he was most recently responsible for leading the company’s ANZ business strategy as Country Manager, Corporate Solutions.
He will lead a specialist national team of 30 underwriters, and be tasked with leading Aon’s expanding managing general agent (MGA) business, expanding and leveraging Aon’s global capabilities locally.
James Baum, Managing Director, Commercial and Chairman, Broking Pacific, commented: “Adam is an exceptional leader. With over 27 years of industry experience he has an impressive track record in developing strategic business plans and delivering profitable growth. In hiring Adam, we’re committing to developing new, innovative products and evolving our value proposition for our clients and our brokers.”
Commenting on his new position, Cox said: “One Underwriting provides broking clients with unparalleled access to an enhanced range of unique products and services. Our underwriters are specialists in their niche product areas, enabling brokers to tap into a depth of knowledge on coverage, pricing and technical expertise for their clients. I look forward to promoting this expertise and driving the profitable expansion of our product portfolio.”
Smith, who has led One Underwriting since its establishment in 2016, has been appointed Regional Director, Southern and Western, Commercial.
Baum commented on Smith’s transition to Aon’s broking area: “Alison is an integral member of Aon’s senior leadership team. Her management of the launch, rebrand and expanding product portfolio of One Underwriting has seen the company expand its underwriting capacity, broaden its product range and leverage Aon’s financial investment in data and analytics. This has enabled us, and our brokers, to stay ahead of the curve. As Regional Director, we are confident Alison will deliver exceptional results for the continued growth and expansion of our commercial offer across the regions.”
