- New global climate role will help tackle increasing weather and
catastrophe risks through advanced analytics, innovative solutions
and new sources of capital
- Proven entrepreneurial leader with international experience
across Reinsurance and Commercial Risk strengthens the firm's
industry-leading integrated Risk Capital capability
DUBLIN, Jan. 8, 2025
/PRNewswire/ -- Aon plc (NYSE: AON), a leading global professional
services firm, announced today the appointment of John Neal as Global Chairman of Climate
Solutions and Global CEO of Reinsurance for Aon, effective
following the conclusion of his notice period.
Neal will help lead Aon's efforts to address the growing and
complex risks associated with climate change, while also building
on the success of the firm's industry-leading Reinsurance team,
further enhancing the value Aon delivers to clients. His
appointment arrives at a critical time as businesses and
communities around the world must tackle increasing volatility
driven by climate-related events, and as Aon continues to leverage
its integrated Risk Capital capabilities to offer the firm's
clients advanced analytics, innovative solutions and access to new
sources of capital. Neal will play an important role in delivering
Reinsurance solutions to meet the evolving demands of today's
dynamic marketplace. He will be based in London, reporting to Andy Marcell, CEO of Risk Capital for Aon, and
serve as a member of the firm's Risk Capital leadership team.
"John's career is celebrated for looking ahead to the future and
investing in technology and talent to position the insurance
industry for greater impact and growth," said Greg Case, CEO of Aon. "He brings significant
and relevant experience that will advance our 3x3 Plan to
accelerate our Aon United strategy, unlock integrated climate
solutions and ultimately create key points of difference in how we
serve our clients across risk and people issues."
Neal will join Aon from Lloyd's of London (Lloyd's), the world's leading
insurance marketplace, where he has served as CEO since
October 2018. During his tenure,
Lloyd's experienced a remarkable transformation, achieving
industry-leading performance and the company's strongest financial
position in its 340-year history. His strategic initiatives helped
position the company for long-term growth and sustainability, while
reinforcing the vital role the insurance industry plays in helping
clients navigate risks — from geopolitical volatility to climate
change.
Marcell said, "I'm excited to welcome John to Aon. He brings a
wealth of experience, strategic vision and a deep understanding of
the shifting needs of our clients. His leadership will be
instrumental in supporting the team to address the challenges
organizations face across the megatrends of Trade, Technology,
Weather and Workforce, and developing solutions that enable our
clients to thrive in a rapidly changing world."
Neal added, "I will be forever grateful to my colleagues and
many others across the Lloyd's market for the opportunity to put in
place a framework that has delivered strong and sustainable
financial performance and positions Lloyd's for future success. At
Aon, I'm looking forward to supporting colleagues as they look to
serve clients' reinsurance needs and deliver smart insurance
solutions that help address some of the world's most pressing
challenges, especially with regard to the climate transition."
Prior to joining Lloyd's, Neal served as Group CEO of QBE, a
global insurance and reinsurance business, where he was responsible
for running a $14 billion gross
written premium (GWP) business with over 14,000 employees in 37
countries. Before becoming CEO, he held a number of leadership
positions at QBE, including Chief Underwriting Officer and Chief
Operations Officer of the firm's European operations. Previously,
he led a management buyout of Ensign to establish a dedicated
Lloyd's Managing Agency. As CEO of Ensign, he grew GWP to
$300 million to create the leading
specialist commercial motor underwriter in the UK. He also worked
at Bankside Managing Agency, where he was the youngest active
underwriter at Lloyd's, and started his career at the Crowe
Underwriting Agency.
About Aon
Aon plc (NYSE: AON) exists to shape
decisions for the better — to protect and enrich the lives of
people around the world. Through actionable analytic insight,
globally integrated Risk Capital and Human Capital expertise, and
locally relevant solutions, our colleagues provide clients in over
120 countries and sovereignties with the clarity and confidence to
make better risk and people decisions that protect and grow their
businesses.
Follow Aon
on LinkedIn, X, Facebook and Instagram. Stay
up-to-date by visiting Aon's newsroom and sign up for news
alerts here.
Media Contact
mediainquiries@aon.com
Toll-free (U.S., Canada and
Puerto Rico): +1 833 751 8114
International: +1 312 381 3024
Logo -
https://mma.prnewswire.com/media/1632623/5100341/Aon_Logo_2.jpg
View original
content:https://www.prnewswire.co.uk/news-releases/aon-appoints-john-neal-as-global-chairman-of-climate-solutions-and-global-ceo-of-reinsurance-302345826.html
