tim-ronda
12 July 2019Life

Aon appoints new president of US reinsurance solutions

Aon has appointed Tim Ronda as president of its US reinsurance solutions business with immediate effect.

He takes over from George deMenocal, who has been president and CEO of Aon’s US reinsurance solutions business for three years. DeMenocal will now invest more time in his responsibilities as CEO, building up operations and achieving the company’s business targets in priority lines.

Based in New York, Ronda will continue to work with national and global property casualty insurers to help them to reduce volatility and grow profit.

Before joining Aon in 2005 Ronda was senior vice president at Guy Carpenter, where he worked with several of its largest East Coast and Bermuda-based property and casualty clients. His areas of reinsurance expertise include property, management liability, errors and omissions liability, employment practices liability, general liability, excess liability and workers’ compensation.

Andy Marcell, CEO of Aon’s reinsurance solutions business, said the promotion was “a testament to his performance over many years, during which he has consistently grown the business and operated collaboratively.”




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13 August 2019   Aon has announced that it advised HSBC in Bermuda on a £7 billion longevity swap, involving the HSBC Bank (UK) Pension Scheme and Prudential Insurance Company of America (PICA), in what Aon claims was the second-largest ever deal of its type.