02/09/2024 | Press release | Archived content
LONDON, Sept. 2, 2024 - Aon plc (NYSE: AON), a leading global professional services firm, today named Mike Cane as Capital Advisory leader for the United Kingdom.
Based in London and reporting to Kelly Superczynski, global head of Capital Advisory, Cane joins Aon from reinsurance broker Gallagher Re, where he was Head of Capital Solutions, U.K. He brings more than 20 years of industry experience spanning underwriting, analytics, reinsurance broking and capital advisory.
Superczynski said: "Mike's wealth of industry experience, leadership qualities, and participation on several high profile transactions, made him the right fit to drive our UK Capital Advisory proposition forward."
At the same time, Yen Chu Choo has been named Capital Advisory leader for Asia Pacific (APAC).
Reporting to George Attard, CEO of Reinsurance Solutions for APAC at Aon, Choo joined Aon in 2021 and most recently served as senior director within the APAC Capital Advisory team. She will continue to be based in Singapore.
Attard said: "Yen Chu's appointment represents another step in the rapid development of our global Capital Advisory function. Asia Pacific is a dynamic region with evolving regulatory regimes and capital requirements and it is highly important that Capital Advisory is integrated into our delivery of value to clients."
Both Cane and Choo will assist clients to optimize their capital structures from a regulatory, ratings, and economic perspective. This will involve improving their capital efficiency through capital strategies such as structured reinsurance, capital relief covers, and legacy transactions, which can help to unlock capital and drive growth potential.
From a ratings perspective, Choo and Cane will work with Capital Advisory's Ratings Advisory team to assist their respective clients with the new ratings process, as well as maintaining and improving their existing ratings. They will also collaborate with Aon's global Capital Advisory unit to bring new capital solutions to regional clients to help shape better decisions and drive profitable growth.
For more information about Aon's Reinsurance Solutions, please visit: https://www.aon.com/home/solutions/reinsurance.html
About Aon
Aon plc (NYSE: AON) exists to shape decisions for the better - to protect and enrich the lives of people around the world. Through actionable analytic insight, globally integrated Risk Capital and Human Capital expertise, and locally relevant solutions, our colleagues provide clients in over 120 countries with the clarity and confidence to make better risk and people decisions that protect and grow their businesses.
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