Aon plc names Nick Fraccalvieri as CEO of global facultative for its reinsurance solutions division, effective 1 March 2026. Based in London, Fraccalvieri replaces Andrew Laing, who transitions to focus fully on his role as UK CEO of reinsurance solutions. Laing will also continue to serve as the global chair of facultative for the division. In his new capacity, Fraccalvieri is responsible for defining the strategic direction and driving the execution of the firm's global facultative reinsurance strategy. He will lead the development of new digital capabilities and talent initiatives to ensure the offering remains competitive in an evolving risk landscape. Fraccalvieri joined Aon in 2023 to lead the firm’s EMEA facultative reinsurance operations. He brings more than 25 years of industry experience, having held various senior leadership roles across regional and international markets. Commenting on the appointment, Andy Marcell, CEO of global solutions at Aon, says: “Over the past decade, Andrew has transformed our global facultative reinsurance operations into a true industry powerhouse, whose scale and capabilities have continually helped to shape better business decisions for our clients. His outstanding leadership has been instrumental in building the scale, capability and global reputation we hold today”. Marcell adds: “With Nick’s market experience, proven leadership and strong understanding of facultative reinsurance, we are confident that we remain exceptionally well-positioned to transition into the next chapter of growth and deliver even greater value to clients across our facultative Reinsurance Solutions”. Following the transition, Fraccalvieri will retain his current responsibilities as CEO of EMEA facultative for reinsurance solutions while working closely with colleagues across the risk capital platform.
