Aon Re Global has named Elliot Richardson to head its global cedant facultative reinsurance activities. The bulletin noted that Richardson, 34, “has resigned from his role as head of facultative reinsurance at Benfield and he will be joining Aon as soon as his employment with Benfield comes to an end.”
He will be based in London, and will report to Michael O’Halleran, Chairman and Chief Executive of Aon Re Global. Aon noted that it “has been recruiting in the cedant facultative reinsurance area for some time.”
O’Halleran commented: “We have already made considerable progress in cedant facultative reinsurance. This appointment demonstrates our commitment to investing further in our capability to serve our clients in this important area of business, which has high growth potential. We are delighted to welcome someone of Elliot’s caliber to the Aon team and this announcement reinforces the fact that Aon is increasingly the employer of choice for the industry’s top professionals.”
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