He replaces long-standing Italy CEO for Reinsurance Solutions, Gianluca Venturini, who will become Reinsurance Solutions’ Italy chair

Aon has named appointed Pietro Toffanello as Reinsurance Solutions’ head of Italy. Toffanello joined the firm in May 2022 as chairman of the board of Aon Reinsurance Italy.

Effective in the second half of 2022, and subject to regulatory authority approvals, Toffanello will replace the current long-standing Italy chief executive officer for Reinsurance Solutions, Gianluca Venturini, who will transition to the role of Reinsurance Solutions’ Italy chairman.

Based in Milan and reporting to Reinsurance Solutions’ EMEA co-CEOs, Tomas Novotny and Alfonso Valera, Toffanello will be responsible for Aon’s three offices in the country.

Joining Aon from reinsurance broker Guy Carpenter, where he was the CEO for Japan, Toffanello has also held senior positions within the EMEA and APAC operations of reinsurer Gen Re, and served as CEO of Faraday Syndicate at Lloyd’s of London.

Novotny said: “We are very grateful to Gianluca for his many years of tireless work and success as Italy CEO of Reinsurance Solutions. The insights and oversight he will provide in his new role of Reinsurance Solutions’ Italy chairman will be very important to our continued growth in the country, and in helping our clients make better decisions to build business resilience when faced with evolving risks.”

Valera added: “Pietro has proven himself to be a strong leader across both broking and underwriting operations, and we believe this broad expertise will be important to our clients as they continue to navigate volatility in a challenging macroeconomic environment.”