Aon Benfield has hired a brace of senior executives from Guy Carpenter to head up its capital advisory and terrorism specialty units.
Eric Paire will lead the reinsurance broker’s newly formed capital advisory division, while Emma Karhan will become the firm’s new head of terrorism specialty and reinsurer relationships in London.
Paire will report to Aon Benfield UK CEO Nick Frankland, while Karhan will report to Bob Bisset, CEO of the broker’s Global ReSpecialty division.
Paire joins from Guy Carpenter, where he served as head of its strategic advisory and the EMEA global partners unit since 2007, developing and coordinating Guy Carpenter initiatives for enterprise risk management and its large global clients. During his career, he has also held senior positions at AXA Re and Scor.
The capital advisory unit will provide clients with services such as alternative risk solutions, capital provision, business intelligence, financial modelling, and rating agency expertise.
Karhan also moves over from Guy Carpenter, where she was managing director within the firm’s EMEA practice and led its international terrorism placements, and was a member of its Nordics business management team.
In her new role, she will be responsible for driving growth in the provision of effective terrorism coverage for clients, specifically in the pool and public entity space, and enhancing the firm’s relationships with the region’s leading reinsurers as part of Aon Benfield Broking Strategies, which is led globally by Jeremy Goodman.
“Our capital advisory unit has been created specifically to advise clients effectively on both their asset and liability strategies, in order to help optimise the use of capital across their operations,” Frankland said.
“In addition, we are evolving our terror offering through enhanced modelling tools and coverage development, which will benefit hugely from Emma’s proven expertise and reinsurer relationships in the class.”