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Aon's risk chief takes on top job

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By Madeleine Collins
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2 minute read

Aon's new chief will juggle the demands of the top job while remaining in charge of the company's corporate risk business.

Aon Australia's new chief Steve Nevett has announced he will juggle the demands of the top job while remaining in charge of corporate risk.

UK-born Nevett has been appointed chief executive and retains his current job as national general manager, corporate risk services. His current clients include Tabcorp, AMP, Toll Holdings and Linfox.

He succeeds Australian-born Peter Harmer who has been appointed chief executive of Aon UK.

Under Nevett's stewardship, Aon Australia's corporate risk business has risen 24 per cent in the last three years to achieve a third of the industry's market share, Aon Asia Pacific chief executive Bernie Fung said.

"Steve has built a team that includes many of the industry's leading professionals and offers some of the most innovative and valuable client offerings," Fung said.

Nevett, who has been corporate risk manager since 2004, said he will use his new position to grow Aon's business across the country. The financial services company deals in insurance and reinsurance, risk and financial planning.

"I look forward to working with Aon Australia's executive management team and each of our highly successful business areas to further build Aon's business in Australia," he said.

The succession is part of a major global restructure of the company that aims to bring all of its services under one platform.

Harmer replaces Dennis Mahoney, who will relocate to Bermuda where he will become chairman of a new brokerage business unit called Aon Global. Aon's US risk manager Steve McGill has been appointed chief executive of the new unit.