New global head of Commercial Risk brings decades of industry knowledge, while newly created Advanced Risk Analytics role further integrates data modeling and accelerates market-making capabilities
DUBLIN, 14 August 2023 - Aon plc (NYSE: AON), a leading global professional services firm, today announced a further step in the evolution of the firm’s Risk Capital capability, naming Joe Peiser as CEO of Commercial Risk Solutions and Paul Shedden as head of advanced risk analytics for Risk Capital, effective immediately and reporting to Andy Marcell, Aon’s CEO of Risk Capital.
“Today’s announcement represents further momentum of our Aon United strategy as we continue to align our Risk Capital and Human Capital capabilities and develop integrated solutions that respond to growing client need,” said Eric Andersen, president of Aon. “Joe and Paul are experienced leaders who will help us unlock new value in our core business and accelerate innovation on behalf of our clients.”
As CEO of Commercial Risk, Peiser will be responsible for driving the growth of Aon’s Commercial Risk Solutions and collaborating with Reinsurance leaders across Risk Capital to develop innovative solutions that meet the emerging needs of clients. Peiser joined Aon in 2021 as head of Commercial Risk for North America. He has decades of industry experience across broking, consulting, underwriting and claims management. He succeeds Lambros Lambrou, who was named CEO of Human Capital, leading Aon’s Health, Wealth and Talent Solutions.
“At this pivotal moment where client need is evolving rapidly, our clients are looking for innovative tools and deep market knowledge to help clients assess, mitigate and transfer risk,” Marcell said. “Joe’s more than 30 years in the industry and proven track record will help enhance how Commercial Risk works with Reinsurance Solutions across Risk Capital to enhance how we serve our clients.”
As head of advanced risk analytics, Shedden will further strengthen collaboration and innovation across the analytics and broking capabilities of both Commercial Risk Solutions and Reinsurance Solutions, harnessing Aon’s technical expertise among data scientists, catastrophe modelers and actuaries for the benefit of Aon’s clients. Shedden most recently served as head of global and UK analytics for Aon’s Reinsurance Solutions and has nearly 20 years of experience in actuarial, pricing and analytics, and underwriting roles.
“Paul is a trusted advisor at our firm and in the market and is uniquely positioned to help our clients across Risk Capital by accelerating the delivery of cutting-edge client solutions on a global scale,” Marcell added. “As volatility and complexity from climate risk to macroeconomic and inflation risk grows, our newly created advanced risk analytics team will tap the expertise of our regional and product groups across solution lines to deliver differentiated insights that help our clients make better decisions.”
Both Peiser and Shedden will work closely with Aon’s Chief Operating Officer Mindy Simon and Aon Business Services (ABS) to accelerate the delivery of new client offerings that provide Aon’s clients with relevant and impactful data-driven insights.
For more information about how Aon helps organizations make better decisions, visit aon.com.
Aon plc (NYSE: AON) exists to shape decisions for the better — to protect and enrich the lives of people around the world. Our colleagues provide our clients in over 120 countries and sovereignties with advice and solutions that give them the clarity and confidence to make better decisions to protect and grow their business.
Toll-free (U.S., Canada and Puerto Rico): +1 833 751 8114
International: +1 312 381 3024