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14 June 2023Insurance

Aon revamps global credit reinsurance leadership under Walker

Global re/insurance broker  Aon has unveiled a new global credit structure within its Reinsurance Solutions, naming Ben Walker as head of global credit.

The global credit team now combines Reinsurance Solutions’ existing mortgage, trade credit, structured credit, and political risk and surety businesses to form one global function. The company said this united global team will enhance the client experience, facilitating access to a broader group of collaborative Aon experts across all credit reinsurance classes to help clients build resilience and reduce volatility across their businesses.

Aon’s Reinsurance Solutions has more than 50 credit, mortgage and surety specialists globally, who transact approximately $3 billion of reinsurance premium annually.

Alongside Walker, the executives who will lead the global credit reinsurance team include Nick Ayres, who becomes chairman of global credit, and continues as chairman of credit and financial risks UK; Doug Espenson as head of US mortgage; Rupert Evans as head of trade credit, structured credit and political risk, and international surety, and continues as head of credit and financial risks UK; Andreas Koutris as head of international mortgage; and Randy Temple as head of US surety.

Joe Monaghan, global growth leader for Aon’s Reinsurance Solutions, said: “Bringing our global capabilities together aims to allow us to deliver best in class service and execution for our credit clients globally. Over a decade ago, Aon led the development of the mortgage reinsurance market. This global team of leaders represents Aon’s continued investment in this segment and our commitment to building innovative solutions for clients and expanding market opportunities for reinsurers.”

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