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Scrocca will be based in Bermuda on focus on underwriting and risk sourcing, among other things.
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The firm said the appointment would support its ambitious growth strategy.
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The start-up has achieved an A- credit rating from AM Best.
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Over 2024, four hurricanes added 13 points of cat-loss impact to the combined ratio.
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The restructuring arrangement is designed to protect creditors.
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Shreeve’s role will encompass the Aon Captive & Insurance Managers’ ILS business.
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The Bermudian’s wildfire loss estimate was based on an industry loss range of $35bn-$45bn.
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The capital partners unit was launched via London Bridge 2 in Lloyd’s last year.
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The platform will transform ILS transactions on behalf of Jireh and SRS clients.
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CEO Jim Williamson said social inflation was a “growing barrier” to a vibrant economy.
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The firm will advise and support third-party risk capital providers.