Global insurance and reinsurance broker, Aon, has launched a new London-based platform that matches underwriting expertise with capacity provision through fronting, MGA / MGU and captive solutions, called Alternative Distribution.
The new platform will work with fronting structures and will access capabilities from across the company to make a broad range of risk capital available to Aon’s clients. Additionally, Alternative Distribution will also provide the necessary supporting infrastructure, licensing and servicing resources.
According to Aon, the platform encompasses the previous Global MGA & Portfolio Solutions businesses, and will be led by Graeme Rayner as Chief Executive Officer (CEO) of Alternative Distribution. Rayner takes up the role from the start of January, 2021 and will report to Nick Frankland, UK CEO of Aon’s Reinsurance Solutions.
He brings more than three decades of multi-class underwriting experience across Lloyd’s Syndicate, Company and MGA platforms to the firm. Most recently, he served as Group Director of Underwriting & Active Underwriter at Pioneer Underwriting Ltd., and previously Chief Underwriting Officer (CUO) & Active Underwriter at Mitsui Sumitomo Underwriting Ltd.
Prior to this, Rayner served as Managing Director of Commercial Insurance at QBE Insurance (Europe), and has also held senior roles at Zurich Re (UK), and Johnson and Higgins Insurance Brokers.
Commenting on the new platform and the addition of Rayner, Frankland said: “We are immensely fortunate to have someone of Graeme’s proven calibre joining the firm at such a moment of opportunity for the entrepreneurial underwriting model in London. His appointment and the creation of the Alternative Distribution platform reflect Aon’s commitment to meeting client needs and building a market-leading proposition in the MGA and third-party underwriting service sector.
“Through this initiative, Aon aims to facilitate and improve capital deployment in this area, at a time when the market is undergoing significant challenges and change that will create opportunities for appropriately aligned underwriting structures and organisations.”
Source: Reinsurance News
LinkedIn
Twitter
Facebook
Radian Group to Acquire Lloyd’s Specialty Insurer Inigo for $1.7 Billion
September 18, 2025
Radian Group, a leading U.S. mortgage insurer, has announced a definitive agreement to acquire Inigo Insurance, a profitable Lloyd’s specialty insurer, in a $1.7 billion all-cash transaction.
Fenris Partners with ManageMy to Enhance Data-Enriched Agent Quoting
September 18, 2025
Fenris Digital, a provider of predictive data and enrichment solutions for insurers, has announced a strategic partnership with ManageMy, the no-code digital platform for carriers and managing general agents (MGAs).
Bamboo and Accredited Expand Homeowners Coverage in California
September 17, 2025
Bamboo Insurance has partnered with specialty insurer Accredited to expand coverage options for homeowners in California through the launch of Bamboo’s E&S Signature product, a non-admitted homeowners policy.
