Exclusive: Aon wins sole broker position on Zurich marine and energy XoL account

By Michael Jones Oct 16 (The Insurer) — Aon won the flag and sole broker position on Zurich Insurance's marine and energy excess-of-loss account following a request for proposal process this summer, multiple market sources told The Insurer. Aon, Gallagher Re, Marsh Re and Willis Re participated in the process, which began in late August, sources said. The process resulted in Aon winning the sole broker position, three reinsurance market sources said. One of those sources said Aon secured the account following a "playoff" with Gallagher Re. The sources said Marsh Re was the sole broker for Zurich's marine and energy excess-of-loss account prior to the request for proposal. Zurich's Tracey Hunt-led marine unit underwrites marine cargo, cargo logistics liability, fine art and specie, marine liability and marine hull. Its normal maximum working capacity per risk is $70 million, Zurich's website says. Hunt is also global head of underwriting for energy, overseeing a portfolio that includes upstream, downstream and midstream, power, mining and energy casualty. The Zurich account move continues a busy period for marine and energy broking changes. Aon's flag broker wins this year also incl