John Neal
Neal, after six years in Lloyd’s as a CEO, will play an important role in delivering Reinsurance solutions to meet the evolving demands of today’s dynamic marketplace. He will be based in London, reporting to Andy Marcell, CEO of Risk Capital for Aon, and serve as a member of the firm’s Risk Capital leadership team, said Aon
London: Global re/insurance broker Aon plc announced today the appointment of John Neal, CEO, Lloyd’s, as its Global CEO of Reinsurance and chairman of Climate Solutions , effective following the conclusion of his notice period.
Neal’s leaving date to be confirmed in due course, said Lloyd’s in a statement.
Neal, after six years in Lloyd’s as its CEO, will play an important role in delivering reinsurance solutions to meet the evolving demands of today’s dynamic marketplace. He will be based in London, reporting to Andy Marcell, CEO of Risk Capital for Aon, and serve as a member of the firm’s Risk Capital leadership team, said Aon.
Neal will help lead Aon’s efforts to address the growing and complex risks associated with climate change, while also building on the success of the firm’s industry-leading Reinsurance team, further enhancing the value Aon delivers to clients, said AON.
His appointment arrives at a critical time as businesses and communities around the world must tackle increasing volatility driven by climate-related events, and as Aon continues to leverage its integrated Risk Capital capabilities to offer the firm’s clients advanced analytics, innovative solutions and access to new sources of capital.
“John’s career is celebrated for looking ahead to the future and investing in technology and talent to position the insurance industry for greater impact and growth,” said Greg Case, CEO of Aon.
“He brings significant and relevant experience that will advance our 3×3 Plan to accelerate our Aon United strategy, unlock integrated climate solutions and ultimately create key points of difference in how we serve our clients across risk and people issues,” Case said.
Marcell said, “His leadership will be instrumental in supporting the team to address the challenges organizations face across the megatrends of Trade, Technology, Weather and Workforce, and developing solutions that enable our clients to thrive in a rapidly changing world.”
Neal added, “I will be forever grateful to my colleagues and many others across the Lloyd’s market for the opportunity to put in place a framework that has delivered strong and sustainable financial performance and positions Lloyd’s for future success. At Aon, I’m looking forward to supporting colleagues as they look to serve clients’ reinsurance needs and deliver smart insurance solutions that help address some of the world’s most pressing challenges, especially with regard to the climate transition.”
During his tenure, Lloyd’s experienced a remarkable transformation, achieving industry-leading performance and the company’s strongest financial position in its 340-year history.
His strategic initiatives helped position the company for long-term growth and sustainability, while reinforcing the vital role the insurance industry plays in helping clients navigate risks — from geopolitical volatility to climate change.