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Aon Hires Marcus Foley to Lead Bermuda Capital Management Unit

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Topics: Market Moves

Foley will join the firm as Head of Capital Management and will be based in Bermuda, reporting to Tony Fox...

...Chairman and Chief Executive Officer, Bermuda, and Eric Paire, Head of London Capital Advisory of Reinsurance Solutions.

 

He joins from specialty insurance and reinsurance company Aspen, where he had held several positions, most recently that of Group Chief Capital Management and Strategy Officer. During his 15-year career, Foley also worked as a capital modeler at EMB Consultancy LLP.

 

Commenting on Foley’s appointment, Tony Fox said: “We are excited to welcome Marcus to our team, and believe that his skills will become an important part of our offering as clients seek to holistically plan their capital management strategies.”
 

Andy Marcell, CEO of Reinsurance Solutions at Aon, added: “Over the past several years, we have been increasing our capital management advisory capabilities globally. In hiring Marcus, we aim to augment that service and deliver it to a greater range of clients.”

 

Paire commented: “We are seeing a growing demand from our clients for independent bespoke advice. Marcus, working with Reinsurance Solutions’ Bermudian office, and supported by the Capital Advisory team in London, brings expertise and experience to serve the sophisticated Bermudian market.”

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