Lloyd’s CEO John Neal will join Aon as Global Chairman of Climate Solutions and Global CEO of Reinsurance, the global broker announced in a statement on Wednesday (8 January).
Neal will assume his role following the conclusion of his notice period with Lloyd’s and will continue to be based in London, reporting to Andy Marcell, CEO of Risk Capital for Aon.
“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,” Greg Case, CEO of Aon, said.
Neal has served as CEO of Lloyd’s since October 2018. Reflecting on his time there, Neal said, “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.”
Looking ahead to his new role, Neal added, ” 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.”
Before joining Lloyd’s, Neal was Group CEO of QBE, based in Sydney. During his time at QBE, he also held senior roles including Chief Underwriting Officer and Chief Operations Officer for QBE’s European operations. His earlier industry roles include CEO of Ensign, time at Bankside Managing Agency, where he was the youngest active underwriter at Lloyd’s, and Crowe Underwriting Agency, where he began his career.
Speaking on Neal’s appointment, Marcell added, “His leadership will be instrumental in supporting the team to address the challenges organisations face across the megatrends of Trade, Technology, Weather and Workforce, and developing solutions that enable our clients to thrive in a rapidly changing world.”
