Roger Smith will chair Aon Reinsurance Solutions’ new accident, health and life reinsurance team
Aon has created a new practice for its accident and health and life reinsurance business.
Roger Smith (pictured, right) will chair the restructured team within Aon Reinsurance Solutions.
Smith was previously head of accident, health and life for Europe, Middle East and Africa for the reinsurance broker, and has worked at the company for more than 20 years.
Aon said it had formed the new practice “to help insurers take advantage of growth opportunities in this evolving sector”.
The move comes a year after GR revealed that Aon had formulated a new treaty reinsurance facility for reinsuring a share of its accident and health business globally, named Santé.
The broker said Smith and his team will be responsible for scaling opportunities on a global basis, finding additional value for clients and working closely with its property and casualty brokers.
Nick Frankland, UK CEO of Aon’s Reinsurance Solutions business, is “executive sponsor” for the new practice group.
Frankland said: “Whether tackling evolving healthcare regimes, negotiating annuity deals to free up capital or managing unpredictable catastrophic events, we are ready to help insurers grow in a competitive environment and help them develop capital strategies to embrace emerging opportunities.”