Aon launches Americas capital advisory services, appoints head
Aon has launched its Americas capital advisory team to help re/insurers identify and deliver balance sheet solutions that reduce volatility and increase profitability.
The market is facing constantly evolving rating agency criteria, coupled with low growth, and shrinking underwriting margins and investment income, according to Aon. As a consequence, it is becoming more difficult to generate sufficient profitability, it added.
The key goal of the capital advisory team is to help insurers address this broad range of capital challenges and identify innovative or underutilized solutions to drive action, for example, connecting the dots between structured reinsurance and rating agency capital management, which are critical components of many M&A transactions, the company said.
Kelly Superczynski, will become head of capital advisory – Americas with immediate effect, alongside her current responsibilities as EMEA head of analytics for Aon’s reinsurance solutions business. She will report into George deMenocal, US CEO of Aon’s reinsurance solutions business.
The team will comprise experts on rating agencies, alternative reinsurance solutions and M&A. The team will also closely collaborate with the new international capital advisory team, led by Eric Paire in London.
DeMenocal commented: “Our colleagues have successful track records assisting clients with a range of capital management and financial optimization challenges. Bringing these disciplines together to form a unified team will enable us to maximize their collective expertise and allow us to offer our clients a complete capital consultancy.”
Superczynski added: “We are excited to offer clients a holistic approach to capital management and optimization. Our strategy to achieve this is bringing together the best of Aon to support insurers whether they require capital modelling, traditional reinsurance, alternative solutions or M&A – or a combination – to meet their goals.”
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