Aon has named Andy Marcell as CEO of its Reinsurance Solutions business.
Marcell joined Aon as head of strategy for Aon Benfield in 2015, before being promoted to president of the reinsurance broker in 2017. Prior to joining Aon, Marcell was CEO of Guy Carpenter’s US operations and head of its global facultative business.
In his new position, which is effective immediately and based in New York, he will be responsible for managing the existing operations and growth strategy of Aon’s Reinsurance Solutions business as it begins its brand transition from Aon Benfield.
He will continue to report to Eric Andersen, co-President of Aon.
The appointment comes just weeks after Aon announced that it was retiring the firm’s remaining business unit brands, Aon Risk Solutions and Aon Benfield, and will go-to-market under the unified brand of Aon, appointing Eric Andersen (most recently CEO of Aon Benfield) and Michael O'Connor (most recently CEO of Aon Risk Solutions) as co-presidents.
Aon has five specific global solution lines: Commercial Risk Solutions, Reinsurance Solutions, Retirement Solutions, Health Solutions and Data & Analytic Services.
Andersen commented: “After joining our firm three years ago, Andy has performed varied roles that have given him an in-depth understanding of Aon’s Reinsurance Solutions business.
“He has successfully identified key growth initiatives and implemented strategies that will allow us to achieve profitable growth in a sector with challenging market dynamics. We are pleased that Andy agreed to take on this new position, and we are excited to have him leading the business. He will provide strong leadership and brings an international perspective to the role as we continue to grow.”