Aon Client Treaty (ACT) is extending into facultative reinsurance placements for the first time, effective 1 September, the global broker announced on LinkedIn on Tuesday.
The business said the move forms part of its 3×3 plan, aimed at diversifying its portfolio, reducing risk concentration, and providing clients with broader access to capital.
ACT, first introduced in 2016, had been primarily available through Aon’s Global Broking Centre in London, focused on commercial risk clients.
With the global expansion, clients are now able to access 28.5% of pre-secured coinsurance capacity from 11 Lloyd’s carriers, each rated A+ by AM Best. The facility covers 19 core businesses through a Delegated Underwriting Authority Agreement, subject to a maximum line size and dollar limits.
According to the broker, ACT panel members will support the facility over the next three years, until 2027.
In addition, Aon is incorporating a new client feature, “Client Dividend,” for 2025, which offers a 1.5% price reduction on the approved leader’s terms for the facility’s share of the slip premium. This dividend is driven by ACT’s design to create underwriting efficiencies and efficient capacity deployment for carriers.
Since its launch, ACT has placed over $3.5bn in gross written premiums in the market. The follow-on facility also has outcomes built on natural catastrophe data modelling, across complex portfolios and different geographies.
