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Specialist Team to Build Construction and Engineering Reinsurance Capabilities at Aon Benfield

Posted on 09 May 2013 by Neilson

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Aon construction insuranceAon Benfield, the global reinsurance intermediary and capital advisor of Aon plc, today launches a specialist team to address client challenges in the construction and engineering sector.

Led by Julian Wood, Aon Benfield's Construction and Engineering team combines a wealth of sector knowledge with unrivalled risk insight, and premier placement and post-placement services.

Based in London, the team is part both of the firm's treaty and facultative divisions, via Global ReSpecialty and Aon Benfield Fac, providing it with access to the full resources of the Aon Benfield's network, including a 500-strong Analytics function.

Aon Benfield's Construction and Engineering team brings a complete range of dedicated solutions to the firm's client base, as well as access to the world's premier treaty, facultative and capital markets reinsurance capacity, sourced from the industry's leading markets, including Lloyd's of London.

Key areas of expertise include; Contractors All Risk, Erection All Risk, Builders Risk, Course of Construction lines, as well as Machinery Breakdown, Computer and Electronic Equipment, and Contractors Plant and Machinery.

Dominic Christian, co-Chief Executive Officer at Aon Benfield, said: "We are delighted to offer dedicated and specialised construction and engineering capabilities to our client base, embracing the treaty, facultative and capital markets. As part of Aon Benfield, the Construction and Engineering team has access to a wide range of risk transfer and capital solutions, as well as our global Analytics function. This means the team is able to offer clients an incredible variety of risk analysis tools and actuarial services, which is a real differentiator in the marketplace."