Aon Space Team leadership changes as Jeff Policeno retires | Insurance Business America Insurance News Aon Space Team changes leadership as Jeff Poliseno retires
Successor will lead the department and continue strategic initiatives
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Written by Kenneth Arauro
Aon announced that Jeff Poliseno (pictured above, left) will retire after a 30-year career in aerospace brokerage and risk management.
Mr. Poliseno joined Aon’s Global Space team in 2004 and has served as the team’s chief executive officer since August 2008. He played a key role in developing the company’s space capabilities and established Aon as a trusted partner for aerospace customers.
Lee Meyrick, Aon’s global industry expert leader for transportation and logistics, commented on Mr. Poliseno’s departure.
“We are grateful for Jeff’s visionary leadership and would like to thank him for his valuable contributions and dedication to our clients and colleagues over the years,” Meyrick said.
Following Poliseno’s retirement, Jared Ball (pictured above, right) will take on additional responsibilities as global practice leader for Aon’s space team. Aon, who has more than 20 years of experience in the aerospace field, says Ball is recognized for providing solutions and building strong relationships with customers.
He most recently served as chief technology officer for Aon’s global space team and is expected to continue driving the company’s strategic initiatives in this area.
“Jeff Ball’s appointment reflects our continued commitment to excellence and the future growth of our space business. We have ensured a seamless transition and continued support, and I am confident that under his leadership the team will continue to meet the evolving needs of our customers,” Meyrick said.
In addition to the transition, the global broker recently reported financial results for the third quarter of 2024, reporting an increase in revenue and a decrease in net income attributable to shareholders.
The majority of Aon’s total revenue came from its Commercial Risk Solutions segment, which contributed $1.85 billion in the third quarter. Meanwhile, US$870 million came from health solutions. USD 503 million from Reinsurance Solutions. USD 499 million is wealth solutions. All four segments saw revenue growth in the third quarter.
“Our performance through the first three quarters positions us well to deliver full-year results in line with our financial guidance, and we are leveraging Aon Business Services to further improve our performance across risk capital and human capital. “This is a testament to the success of our 3×3 plan in delivering superior customer solutions,” said CEO Greg Case.
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