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9 June 2022Insurance

Aon hires former RBS/HSBC exec into reinsurance advisory unit

Aon has plucked a recent entrepreneur with a corporate brokerage and capital market background to shore up its reinsurance sector capital advisory efforts.

Joanna Parsons joins  Aon as strategic growth leader of UK Capital Advisory after having founded and run her own strategic advisory for six years: Claypole Partners, which guided firms on strategic planning and process improvement.

Parsons brings experience as a corporate broker and equity analyst, having held senior roles at banks RBS, ABN Amro and HSBC, including contact with Lloyd’s of London for insights into the insurance sector.

Parsons will be tasked with adding depth to utilization of equity valuations in designing growth, capital and reinsurance strategies,  Aon said in its announcement.

Ben Love, UK strategic growth leader for Reinsurance Solutions, commented: “Our Capital Advisory business model is evolving to enable us to deliver an even greater range of client services to drive growth. Our central focus is to structure our business around our clients and to position ourselves as their trusted, strategic partner, helping them make better decisions. In this regard, we believe that Joanna’s expertise and experience will bring new insights and play a major role in helping to drive and develop the process.”

Rupert Moore, UK CEO of  Aon's Reinsurance Solutions, added: “Difficult macro-economic conditions and evolving external risks such as climate change and inflation will cause volatility, affecting both sides of the balance sheet. We continue to build our team to help clients navigate these challenges and are excited to welcome Joanna to the team.”

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