Oneglobal Broking has appointed former Aon executive Dennis Mahoney as chairman of Oneglobal Bermuda, with immediate effect.
Following his retirement as chairman of Aon Global, Mahoney served on the board of Ironshore prior to its sale to Liberty Mutual. Mahoney is a past president of the Insurance Institute of London. He also served as chairman of W.I.N. (World Insurance Network) and subsequently as a long-time board member of ACORD, the global standards-setting body for the insurance industry.
Mahoney, who has lived in Bermuda since 2007, continues to serve on the board of O.C.M.L (Oakley Capital Management Ltd.). Most recently, Mahoney served as executive chairman of the broker RFIB prior to its sale to Tysers.
Mahoney’s involvement will build upon the commitment to invest in Oneglobal’s Bermuda operation. Bermuda is a globally important marketplace for insurance, reinsurance and the capital market needs of its clients providing innovative solutions to complex issues.
“As Oneglobal’s ambitious growth plans continue, Dennis will bring senior leadership and huge experience to our existing Bermuda operation which has already achieved considerable success,” commented Jonathan Palmer-Brown, Oneglobal chairman. “I have worked with Dennis over many years, and I know his energy and international network, combined with his dedication to delivering for clients and colleagues will greatly accelerate our plans in Bermuda and beyond.”
“I am delighted to have been given the opportunity to join this exciting broking venture. Having worked alongside both Mike and Jonathan for many years, I have absolute confidence in their outstanding knowledge, experience and leadership,” said Dennis Mahoney (referring to Mike Reynolds, group CEO, Oneglobal).
“They are attracting first-class talent around the world, which is more important than ever in the current turbulent times,” added Mahoney. “Bermuda is an exciting and dynamic environment with innovation at its very heart. I look forward to playing my part in Oneglobal’s growth in the Bermuda marketplace in due course.”
Oneglobal Broking is a specialist international broking company focused on the placement of open market and delegated authority business, across marine, aviation, property, casualty and specialty lines. Owned by financial services private equity business JC Flowers, the business was founded in 2018 following the merger of the SSL and Endeavour insurance broking houses.
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