Global insurance and reinsurance broking group Aon has announced the appointment of Nick Fraccalvieri as CEO of global facultative for Aon’s Reinsurance Solutions, effective March 1, 2026.
In his new role, Fraccalvieri will be responsible for defining the strategic direction and execution of Aon’s global facultative reinsurance strategy, prioritising ceded facultative business.
He has also been tasked with collaborating with Aon’s Risk Capital platform to deliver differentiated value to clients and develop strategies for sustainable, profitable growth.
Furthermore, he will drive the creation of new digital capabilities and talent programs to keep Aon’s facultative solutions innovative, and client-centric in an increasingly complex and evolving risk landscape.
Fraccalvieri is set to take over from Andrew Laing, who will now focus on his duties as UK CEO of Aon’s Reinsurance Solutions, a position he was appointed to in July 2025.
Over his decade-long tenure as global facultative reinsurance leader, Laing played a crucial role in significantly boosting growth and fostering innovation in client solutions across Aon’s facultative reinsurance portfolio.
Following the transition, Laing will continue to serve as global chair of facultative for Reinsurance Solutions, and Fraccalvieri will retain his role as CEO of EMEA facultative for Reinsurance Solutions.
An industry veteran, Fraccalvieri brings over 25 years of experience to his new role, including a number of senior leadership positions in regional and international markets.
The executive joined Aon in 2023 to head the firm’s EMEA facultative reinsurance operations. Since then, his team has achieved accelerated growth across the EMEA facultative reinsurance sector, according to the b broker.
Andy Marcell, CEO of Global Solutions for Aon, commented: “Over the past decade, Andrew has transformed our global facultative reinsurance operations into a true industry powerhouse, whose scale and capabilities have continually helped to shape better business decisions for our clients. His outstanding leadership has been instrumental in building the scale, capability and global reputation we hold today.
“With Nick’s market experience, proven leadership and strong understanding of facultative reinsurance, we are confident that we remain exceptionally well-positioned to transition into the next chapter of growth and deliver even greater value to clients across our facultative Reinsurance Solutions.”
