As Asia emerges as one of the fastest-growing construction markets over the next 15 years, Vincent Banton‘s appointment underscores Aon’s commitment to providing clients with the expertise needed to thrive in this dynamic sector.
Banton boasts extensive expertise in Construction and Erection All Risk policies, along with Delay in Start-Up for business interruption. His experience also extends to managing large infrastructure programs encompassing projects such as highways, railways, airports, bridges, deep foundations, and large reinforced structures.
In this role, Banton will report directly to Paul Young, the head of Commercial Risk Solutions, Asia, and James MacNeal, the global industry specialty leader for Construction and Infrastructure (C&I). Furthermore, he will become an integral part of the global C&I leadership team.
Based in Singapore, Vincent Banton will collaborate closely with local, regional, and global teams to formulate strategies and offer comprehensive services to clients across the region. His primary goal will be to ensure a seamless transition from project development to commercial operations, facilitating clients in navigating the complexities of the industry.
“We are thrilled to have Vincent on the Aon team. His deep experience in both the insurance and construction industries will further strengthen Aon’s capabilities to help clients make better decisions as they navigate the volatility and unpredictability of the market. We are excited to tap into Vincent’s strong understanding and insights to drive more synergy and continue to help organisations be better informed on the issues that matter,” Young said.
Banton brings with him an impressive 23-year career spanning the insurance and construction sectors. He has previously held significant roles at Munich Reinsurance, Balfour Birse UK, Leighton Contractors Australia (CIMIC), and Broad Construction Australia. Prior to joining Aon, Banton served at Zurich Insurance for the past five years, holding positions such as the national technical manager for Australia and New Zealand.
Commenting on his new role, Banton noted, “Rapid urbanisation, infrastructure development and foreign investments will make Asia one of the fastest growing construction markets over the next 15 years. I’m excited to join the Aon team as the firm continues to innovate and combine advanced data with analytical solutions, providing our clients with better advice.”
He added: “The construction industry is one of the least digitized industries in the world and I look forward to working with the team to continue delivering insights with scalable solutions that help improve transparency and certainty and help organisations protect and grow their business.”
Source: Taiwan News