NU Online News Service, Aug. 13, 12:17 p.m. EDT

Aon Corp. insurance brokerage said it is reorganizing its unit which manages captive insurance operations, and that action involves four appointments.

The Chicago based firm said it is giving Aon Global Insurance Managers (AGIM), a regional leadership structure to better align management 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 Global Risk Consulting, will provide global leadership for the new regional structures.

o 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.

o 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.

o Paul Johnson will continue to have responsibility for AGIM operations in Singapore, Hong Kong and Australia.

"The basic fundamentals of captive management have been impacted by a period of dramatic upheaval driven by the economic crisis," said Mr. Tunnicliffe in a statement. "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."

Special Reports /

Aon Says It Is Streamlining Overseas Captive Management

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