Andrew Marcell has been appointed chief executive officer of Aon’s Reinsurance Solutions.

He will be responsible for managing the existing operations and growth strategy of Reinsurance Solutions business as it begins its brand transition from Aon Benfield. He was appointed president of Aon Benfield last year.

He will be based in New York and will continue to report to Eric Andersen, co-president of Aon plc.

Mr Andersen said: “After joining our firm three years ago, Andy has performed varied roles that have given him an in-depth understanding of Aon’s Reinsurance Solutions business. He has successfully identified key growth initiatives and implemented strategies that will allow us to achieve profitable growth in a sector with challenging market dynamics.

“We are pleased that Andy agreed to take on this new position, and we are excited to have him leading the business. He will provide strong leadership and brings an international perspective to the role as we continue to grow.”

Mr Marcell said: “I look forward to taking on this broader role and it is a privilege to lead such a well-respected and outstanding business. It is an exciting time at Aon as we further align the firm to ensure we deliver the best of Aon to our clients and colleagues.”

Aon announced last month that it will retire the business unit brands of Aon Benfield and Aon Risk Solutions, which follows the retirement of the Aon Hewitt business unit brand last year. This move was designed to increase the rate of innovation across the firm and make it easier for colleagues to work together to bring the best of Aon to clients.

Aon plc is a leading global professional services firm providing a broad range of risk, retirement and health solutions