Captive management arm to be steamlined in to regional hubs
Aon Global Insurance Managers, a division of Aon Corporation responsible for captive management, is set to be streamlined into a new regional leadership structure with three hubs – Europe, the Middle East and Africa (EMEA); the Americas; and Asia Pacific.
The following appointments be effective immediately:
- Andrew Tunnicliffe, chief operating officer for Aon Global Risk Consulting, will provide global leadership for the new regional structures.
- Nancy Gray will assume responsibility for AGIM's U.S. and Canadian operations. In addition, she will now be tasked with responsibility for operations in the Cayman Islands, Bahamas, Barbados, Bermuda and Panama.
- John English will assume responsibility for the leadership of AGIM's operations in EMEA. This covers operations in Guernsey, Dublin, the Isle of Man, Switzerland, Sweden, Luxembourg, Gibraltar and Malta.
- Paul Johnson will continue to have responsibility for AGIM operations in Singapore, Hong Kong and Australia.
Tunnicliffe said: "The basic fundamentals of captive management have been impacted by a period of dramatic upheaval driven by the economic crisis.
"Aon Global Insurance Managers is committed to partnering locally and regionally with clients to address these challenges, including capital efficiency, regulatory and legislative change and the shifting political environment."