October 01, 2016 6:31 AM ET

Insurance

Company Overview of Aon Benfield Group Limited

Company Overview

Aon Benfield Group Limited provides reinsurance intermediary and capital advisory services internationally. It offers accident and health, alternative risk transfer, aviation and casualty, binding authority, property retrocession, and terrorism reinsurance services, as well as property reinsurance; credit and financial risks and facultative reinsurance services; and kidnap and ransom reinsurance services to protect against potential accumulations for kidnap, detention, extortion, hijack, and ransom. The company also advises on and transacts various marine classes, including specific and retrocession excess of loss, proportional, stop loss, reinstatement premium protections, whole account, lo...

55 Bishopsgate

London,  EC2N 3BD

United Kingdom

Founded in 1973

1,992 Employees

Phone:

44 20 7088 0044

Fax:

44 20 7578 7001

Key Executives for Aon Benfield Group Limited

Chief Executive Officer
Executive Chairman
Age: 66
Chief Operating Officer and Chief Financial Officer
Chief Operating Officer
Chief Executive Officer of International Operations
Age: 55
Compensation as of Fiscal Year 2016.

Aon Benfield Group Limited Key Developments

Aon Benfield Group Ltd Appoints Luke Foord-Kelcey as Co-Head of Global Cyber Practice Group in London

Aon P.L.C. has appointed Luke Foord-Kelcey as co-head of Aon Benfield Group Ltd.’s global cyber practice group in London. Mr. Foord-Kelcey will drive Aon Benfield’s cyber offering to insurers and reinsurers worldwide in conjunction with co-head Bill Henriques. Mr. Foord-Kelcey previously was at London-based insurance manager Tindall Riley & Co. Ltd., where he launched and managed Athena, a managing general agent which provides cyber and data privacy insurance and incident response management to professional services firms, among other things. Prior to that, he was head of the communications, technology and media practice at JLT Specialty Ltd., a unit of London-based Jardine Lloyd Thompson Group P.L.C.

Aon Benfield Appoints Martin Soto Quintus as Chief Executive Officer of Chile Operations

Aon Benfield appointed Martin Soto Quintus as chief executive officer of its Chile operations. Soto Quintus will be responsible for the development and implementation of the firm’s growth strategy in Chile and will also lead client teams and provide the necessary support to maximize the value Aon Benfield delivers to clients in the region. Soto Quintus has 30 years of industry experience across the Latin America reinsurance and retail broking sectors, and the Latin America insurance and reinsurance sectors. He has worked for companies including Berkley International and Swiss Reinsurance America Corporation. He joined Aon Benfield in 2013 as facultative director.

Aon Benfield Launches PACE Platform

Aon Benfield has launched the PACE platform to help reinsurers monitor the aggregate catastrophe exposure across their portfolios. By having an enhanced understanding of their exposures, the new tool will enable reinsurers to make better use of their capital and in turn offer more competitive quotes and potentially new lines of business to insurers. With record levels of capital in the market, reinsurers are exploring new business opportunities that match their risk appetite. In response, Aon Benfield has developed PACE (Portfolio Accumulation for Control & Evaluation) to enable reinsurers to: evaluate the impact of individual programmes against their existing portfolio. This determines how much capital a programme consumes in relation to the rest of the portfolio and therefore how much of that business a reinsurer can afford to write; understand their overall accumulation of risks by highlighting which regions and perils are most exposed and perform 'what-if' analyses.

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Recent Private Companies Transactions

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Date
Target
No transactions available in the past 12 months.
 

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