Andrew Matson has been named leader of Aon's newly formed Global Portfolio Broking team - a Reinsurance Solutions unit that will build on the success of established pioneering facilities, while developing new facilities in line with client demand for global re/insurance risk.
In his new role, Mr Matson will match cedents seeking additional and/or specialist capacity with carriers with a strategic appetite to diversify their current risk profile and gain access to non-correlating risks.
Successes to date include Marlin, the facultative reinsurance facility providing international capacity to Latin America-based cedents; Landmark, which offers EMEA cedents access to global capital, and Pegasus – a diversified professional indemnity portfolio for Aon’s UK retail business. All three facilities have secured reliable capacity for clients, while maintaining a cost-effective structure for re/insurers.
Global Portfolio Broking will work alongside the newly formed Carrier Solutions group led by Mr Karl Hennessy. The team will deliver insights into carrier portfolio appetite, guidance on creative treaty structures, and access to diverse sources of risk capital.
Mr Matson will continue to report to Reinsurance Solutions’ UK CEO Mr Nick Frankland.