Aon, a global insurance and reinsurance broker, has announced the appointment of Will Allen as Executive Managing Director of Capital Advisory within Aon’s Reinsurance Solutions.
Allen has over two decades of capital management experience to his new role, having built longstanding relationships with global capital providers, and with a recent focus on bringing capital into the insurance sector.
In his new role, he will be responsible for sourcing capital from global organisations – including institutional funds and family offices – to support Lloyd’s of London programmes, including Funds at Lloyd’s (FAL) and London Bridge structures, as well as risk transfer programmes involving the London Market and Aon’s broader client base.
Working within Aon’s Risk Capital structure, Allen , who will be reporting to global head of Capital Advisory Kelly Superczynski, will align to the firm’s 3X3 Plan by engaging expertise and capabilities from across Aon to develop comprehensive solutions for clients.
Additionally, the executive will work with the firm’s Lloyd’s-focused specialists, such as the FAL team, to deliver global capital to support risk transfer and capital optimisation programmes.
Prior to joining Aon, Allen served as chief executive officer of London Innovation Underwriters, a company he founded to deploy funds into the Lloyd’s market.
His career has seen him hold roles at a number of firms, including WFSA CAPITAL, Financials Acquisition Corp, KBW and Macquarie Group.
Commenting on Allen’s appointment, Superczynski said: “Will’s appointment marks another step in Aon’s investment in its Capital Advisory capability and highlights the importance of the Lloyd’s market as a London home for global capital.
“Will’s extensive entrepreneurial experience in attracting capital to support complex insurance transactions will be important to the ongoing growth of Capital Advisory, as we deliver an increasing number of groundbreaking deals that bring the capacity and innovation necessary to enable better business decisions for clients.”
