The world’s largest mobile network, Vodafone which is based in the UK, has appointed Aon Risk Solutions as the reinsurance broker to its captive.
Aon will provide reinsurance solutions to Vodafone for the coming three years, covering property damage/business interruption, public/products liability and professional indemnity.
Aon indicated that it would aim to consolidate and reduce the captive’s aggregate exposure through the strength of its actuarial modelling and analytics.
Commenting on the agreement, Mark Hancock, head of service excellence at Aon Risk Solutions said: “We’re delighted that Vodafone recognised the value of our integrated broking and consulting approach. We have developed an excellent relationship with Vodafone and look forward to supporting them in the execution of their captive strategy.”