Re/insurance broker Aon Risk Solutions has a new president of its US business, based in New York
Tim Ronda has been appointed as the new US president of Aon Reinsurance Solutions, with immediate effect.
He replaces George deMenocal, CEO of Aon’s US reinsurance broking business, who has also been acting as its president.
Ronda (pictured) has been promoted from his previous role as executive managing director in New York and branch manager for New York and New Jersey.
“Having acted as CEO and president of Reinsurance Solutions’ US business for the past three years, now is the right time for me to hand over the president responsibilities to Tim,” said deMenocal.
“This will enable me to invest more time as CEO to continue to build and grow our operations, achieve our business targets in priority lines and ensure Aon United is deeply activated across the firm. I look forward to working with Tim in his new role,” deMenocal added.
Before joining Aon in 2005, Ronda was a senior vice president at rival reinsurance broker Guy Carpenter, where he worked with several of its largest US east coast and Bermuda-based property and casualty insurer clients.
Aon listed his areas of reinsurance expertise to include property and several specific lines of liability business, including excess, workers’ compensation, errors and omissions, employment practices, management and general liability business.
Andy Marcell, CEO of Aon Reinsurance Solutions, commented: “This is a well-deserved executive promotion for Tim and is a testament to his performance over many years, during which he has consistently grown the business and operated collaboratively.
“We are pleased to report he will be joining the firm’s Reinsurance Solutions global executive committee and we look forward to receiving his counsel at this forum,” Marcell added.