The construction market is expected to see significant growth as government spending on infrastructure increases and the transition to net zero presents new opportunities and risks. Executive appointments in the construction insurance market have reflected this shift.
In March Aon PLC named Tony DeFelice as head of its renamed U.S. construction and infrastructure practice, formerly known as its construction services group.
Mr. DeFelice succeeded Jim Gloriod, who was appointed to the new role of enterprise growth leader for North America.
The story on Aon’s construction executive changes was the seventh most read risk management-related story on Business Insurance’s website in 2022.
Previously, Mr. DeFelice was managing director of the national casualty practice group within Aon’s U.S. commercial risk solutions division. Mr. Gloriod was previously CEO of Aon Construction Services Group U.S. and had led the practice for five years.
Another notable construction executive appointment at Aon followed in May, as the brokerage hired Bob Rogers, former global head of construction professional liability at American International Group Inc., as a managing director.
Mr. Rogers was recruited to lead Aon’s design and construction professional liability practice.
He joined AIG in 1990 and worked at various units of the insurer, including its excess and surplus lines unit Lexington Insurance Co.