Pennay appointed head of Aon Securities’ ILS team in NY
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Pennay appointed head of Aon Securities’ ILS team in NY

Liz Bury
21 December 2021
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Aon Securities has appointed Richard Pennay as head of its insurance-linked securities team based in New York, reporting to Aon Securities CEO Paul Schultz.

Pennay co-founded ILS manager Merion Square Capital in 2018, where he served as managing partner and president.

In his new role, Pennay will develop strategies to grow the ILS book of business, building on a record year of catastrophe bond...

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