Nick Fraccalvieri to lead global facultative strategy from March as Andrew Laing focuses on UK CEO role

AON headquarters

Aon has appointed Nick Fraccalvieri as CEO of global facultative for its reinsurance solutions business, effective 1 March 2026.

Fraccalvieri joined Aon in 2023 to lead its EMEA fac operations.

He brings more than 25 years of industry experience and has held senior leadership roles across regional and international markets.

Since joining the firm, he has led a team that delivered accelerating growth across the EMEA facultative reinsurance segment.

In his new role, Fraccalvieri will set the strategic direction and drive execution of Aon’s global facultative reinsurance strategy, with ceded facultative at the core of the proposition.

He will work closely with colleagues across Aon’s risk capital platform to deliver differentiated value to clients and support sustainable, profitable growth.

He will also lead the development of digital capabilities and talent initiatives within the facultative business.

Fraccalvieri replaces Andrew Laing, who will now focus fully on his responsibilities as UK CEO of reinsurance solutions, a role he took up in July 2025.

Laing led global facultative reinsurance for 10 years and will continue to serve as global chair of facultative for reinsurance solutions.

Fraccalvieri will retain his role as CEO of EMEA facultative alongside his new global responsibilities.

Andy Marcell, CEO of global solutions at Aon, said: “Over the past decade, Andrew has transformed our global facultative reinsurance operations into a true industry powerhouse, whose scale and capabilities have continually helped to shape better business decisions for our clients.

“His outstanding leadership has been instrumental in building the scale, capability and global reputation we hold today,” he added.

Marcell added: “With Nick’s market experience, proven leadership and strong understanding of facultative reinsurance, we are confident that we remain exceptionally well-positioned to transition into the next chapter of growth and deliver even greater value to clients across our facultative reinsurance solutions.”

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