Aon taps Liberty Mutual exec to lead reinsurance complex client strategy
Re/insurance broker Aon has hired the chief underwriting officer of global reinsurance strategy group (GRSG) at Liberty Mutual Group.
Frederick Streeton will join Aon to lead its complex client strategy of Reinsurance Solutions, effective September. Based in London, he will report to Reinsurance Solutions’ UK chairman Don Magee.
Streeton has held the position of CUO, GRSG at Liberty Mutual Group for the past nine years, and latterly head of underwriting strategy – Global Risk Solutions. He started his career in 1987 at broker Thomas R Miller and subsequently spent 10 years broking with Greig Fester and through its merger with Benfield and then Aon.
Nick Frankland, UK CEO of Reinsurance Solutions, commented: “Fred’s insights into a major client’s handling of gross to net risk and his role in optimising that relationship through reinsurance, combined with his previous broking experience, will bring what we believe is an invaluable perspective and new range to our large client proposition. His knowledge of all classes, especially Non-Marine Property and Composite Marine, both treaty and facultative, will mean that his impact will help us to be better equipped to improve our service to our client portfolio.”
In addition, Aon’s Ben Love will become the strategic growth leader for the UK platform, responsible for building and converting the new business pipeline and developing and implementing the growth plans across all classes for the region.
Frankland added: “This is a critical role for driving our long-term growth ambitions and desire to expand our product offering. We are pleased that Ben will take on this new role and bring his extensive experience to supporting this part of our business and our clients.”
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