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20 April 2023Insurance

Aon reveals new CEO of reinsurance strategy & technology group

Global re/insurance broker  Aon has appointed a chief executive officer (CEO) of its strategy and technology group within Reinsurance Solutions, in a move to build more resilient businesses for clients in a volatile market.

Sherif Zakhary will lead over 500 employees around the world to accelerate the development of Aon’s insurance consulting capabilities and help clients make better business decisions that navigate volatility, optimize capital, and drive performance and growth. He will be based in New York and report to Andy Marcell, CEO of Aon’s Reinsurance Solutions.

Zakhary was previously co-head of Aon’s strategy consulting team for insurers and has held senior positions at Guy Carpenter, Zurich and MetLife.

Launched in early 2022, Aon’s strategy and technology group takes a holistic view of insurers’ businesses, combining consulting and software to provide data-driven, actionable insights. To define and achieve strategic goals, the team informs and advises re/insurers and capital providers on a range of opportunities from profitable growth and operational efficiency to building customer relevance and better deploying capital.

Marcell said: “Sherif embodies the experience and passion to deliver value for insurance industry clients with more relevant and impactful insight. Underpinned by a suite of technology across property & casualty and life, Sherif will bring the best of Aon to seamlessly meet a broad range of client goals at scale.”

Zakhary added: “In a volatile market, every opportunity counts. To meet re/insurers’ strategic objectives and build more resilient businesses, our combination of insurance industry experience and ability to execute strategies, backed up by the power of Aon’s proprietary data and analytics, means clients can make better business decisions. I am energized to lead our exceptional team as we crystalize opportunities for clients at the intersection of risk and capital. We remain focused on a risk/reward approach to drive performance and bring relevant and holistic perspectives to existing and new clients in a complex and rapidly changing market environment.”

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