Aon attracts global analytics leader reinsurance from Sompo International
Global re/insurance broker Aon has hired a global analytics leader for its Reinsurance Solutions business from Sompo International.
Paul Shedden will join as its global and UK head of analytics within Reinsurance Solutions.
Based in London, Shedden comes from Sompo International, where he was head of portfolio design, pricing and analytics – global insurance, having previously held senior actuarial and analytics roles at re/insurers AXA XL, XL Catlin and Catlin.
He will report to Andy Marcell, global chief executive officer of Reinsurance Solutions and will join the Reinsurance Solutions global leadership team. In addition to his global role, Shedden will have direct responsibility for the UK analytics function, reporting to Rupert Moore, UK CEO of Reinsurance Solutions, and joining the Reinsurance Solutions UK leadership team.
In his new role, Shedden will be tasked to drive collaboration and innovation across Reinsurance Solutions’ analytics and broking colleagues, harnessing the technical expertise within the regional and product solution teams to create innovative client solutions on a global scale. He will also chair the Analytics Leadership Committee, which is responsible for the Analytics’ global strategy, coordination of resources and investments – including acquisitions – for Reinsurance Solutions.
Marcell said: “Having worked at some of the leading re/insurers in our marketplace, Paul understands the importance our industry places on data, analytics and actuarial services. In joining Aon, we know he will help to not only drive our capabilities, but further tailor them to the needs of our sector, and in doing so deliver optimum client value to help our clients make better, more-informed decisions.”
The Reinsurance Solutions Analytics team comprises a wide range of global capabilities, from weather, climate and catastrophic risk assessment to unstructured data management and analysis, offering clients important risk insights.
Moore added: “Our Analytics team is critical to delivering innovation at scale as Aon addresses the evolving needs of clients, such as ESG issues, macro-economic challenges and inflationary risk. Paul will play a pivotal role in enabling Analytics to respond to these evolving and underserved areas where clients require information and insights.”
Did you get value from this story? Sign up to our free daily newsletters and get stories like this sent straight to your inbox.
