Aon Re Global Fac to provide 15 private clients suites for global cedants

Aon Re Global Fac has launched a Reinsurance Private Clients Suite model.

The Reinsurance Private Clients Suites will consist of some of the industry's most talented and respected facultative insurance professionals in 15 different locations (London, Hong Kong, Johannesburg, Sydney, Bermuda, Singapore, Paris and eight key US cities).

This approach to global cedants is one component of Aon Re Global's Integrated Capital Solutions and Services strategy: Treaty Reinsurance, Facultative Reinsurance, Capital Markets, and Analytics and Technical Services.

Elliot Richardson, CEO of Aon Re Global Fac, said: “By offering the Private Clients Suite we can focus on building strategic and consultative relationships with our clients, and be better positioned to create innovative and valuable facultative solutions for global cedants. This unique initiative creates a truly independent, local fac broker with unparalleled global reach.

“This independence is critical. We believe that our clients are best served with complete transparency, and our new operating model will further maintain for our clients the confidence that this remains true. Our global cedants will also be reassured that the Private Clients Suite will operate with absolute confidentiality and recognise them as the client on each transaction, while providing global consistency.”