Aon has introduced leadership roles focused on program carriers and hybrid fronting structures, with attention to portfolio-level engagement with reinsurers.
The changes sit within Aon’s Reinsurance Solutions unit and form part of a new leadership structure for its US specialty distribution segment, which spans E&S carriers, MGAs, MGUs, program-focused carriers, hybrid fronts and delegated authority platforms.
Max McClure has been named program-focused carrier growth leader. He will lead engagement with program-specific carriers and hybrid front structures and coordinate portfolio-level interaction with reinsurers in support of carrier and program strategies.
Cory Anderson (pictured left) has been appointed MGA growth leader for programs and MGAs/MGUs. His responsibilities include advancing growth across programs and MGAs/MGUs, supporting new program development and identifying platform opportunities while working with commercial risk solutions and specialty distribution teams.
Sarah Freitag (pictured right) has been named US specialty distribution leader and E&S segment leader. She will oversee strategy and growth priorities, guide investment in capabilities and coordinate with Aon’s Commercial Risk, Reinsurance, capital advisory and analytics teams.
Cory Schilling has been named MGA segment leader. He will lead strategy across MGAs, MGUs and delegated authority platforms, serve as the primary executive contact for MGA clients and work with carrier-focused leaders to align distribution approaches with client requirements.
The leadership team will oversee strategy, execution and growth across the US specialty distribution segment, working with reinsurance, commercial risk, capital advisory and analytics to deliver coordinated solutions for clients and trading partners.
Aon said the segment is being managed as a distinct business area, with a dedicated leadership group responsible for coordinating expertise, improving connectivity with carrier and MGA partners and supporting delivery of solutions.
“Clients, carriers and MGAs are operating in an increasingly complex environment, and over the past several years Aon has made significant investments in specialized talent focused on this space. This new US specialty distribution leadership team unites our talent, insights and capabilities to support our clients and stakeholders in this important segment of the US market,” said Steve Hofmann, CEO of Americas for Aon’s Reinsurance Solutions.
Aon outlined several areas of client engagement tied to the structure, including access to expertise across E&S, MGA and program channels, collaboration with carriers, MGAs and hybrid fronts, and integration of commercial risk, reinsurance, capital advisory and analytics capabilities.
“This model gives us the leadership focus we need to execute even more successfully in specialty distribution,” said Dan Duncan, president of US strategy and growth for Aon. “By aligning our segment and growth leaders across MGAs, programs and E&S, we can respond more quickly to opportunities, work more seamlessly with our carrier and MGA partners and shape better decisions for our clients.”
Recent disclosures provide context for the timing of the structural changes. Aon reported 9% total revenue growth and 6% organic revenue growth for full-year 2025, with total revenue reaching $17.2 billion.
In the fourth quarter, total revenue rose 4% to $4.3 billion, while risk capital revenue increased 7% to $2.7 billion. Reinsurance Solutions recorded 8% organic revenue growth, supported by facultative placements and insurance-linked securities activity.
Cash flow from operations increased 15% to $3.5 billion for the year, while free cash flow rose 14% to $3.2 billion.
Additionally, Aon’s report for the January 2026 renewal indicated that global reinsurer capital reached $760 billion by September 30, 2025, with third-party capital at $124 billion.
The report also noted that catastrophe bond issuance exceeded $24 billion in 2025, with $59 billion outstanding, and that increased capacity contributed to pricing reductions and improved terms at renewal, particularly in property catastrophe business.
According to Aon, these market conditions have been accompanied by wider use of structured solutions, facultative placements and hybrid arrangements, including sidecars and delegated authority platforms that fall within specialty distribution.
