NU Online News Service, Aug. 13, 12:17 p.m.EDT
|Aon Corp. insurance brokerage said it is reorganizing its unitwhich manages captive insurance operations, and that actioninvolves four appointments.
|The Chicago based firm said it is giving Aon Global InsuranceManagers (AGIM), a regional leadership structure to better alignmanagement with client needs within its three hubs (EMEA: Europe,the Middle East and Africa; the Americas; and Asia Pacific).
|Aon said the alignment includes the following appointments:
|o Andrew Tunnicliffe, chief operating officer for Aon GlobalRisk Consulting, will provide global leadership for the newregional structures.
|o Nancy Gray will assume responsibility for AGIM's U.S. andCanadian operations. In addition, she will now be tasked withresponsibility for operations in the Cayman Islands, Bahamas,Barbados, Bermuda and Panama.
|o John English will assume responsibility for the leadership ofAGIM's operations in EMEA. This covers operations in Guernsey,Dublin, the Isle of Man, Switzerland, Sweden, Luxembourg, Gibraltarand Malta.
|o Paul Johnson will continue to have responsibility for AGIMoperations in Singapore, Hong Kong and Australia.
|"The basic fundamentals of captive management have been impactedby a period of dramatic upheaval driven by the economic crisis,"said Mr. Tunnicliffe in a statement. "Aon Global Insurance Managersis committed to partnering locally and regionally with clients toaddress these challenges, including capital efficiency, regulatoryand legislative change and the shifting political environment."
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