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Evan Freely will head up a team of 130 staff specializing in credit and political risk.
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James Floyd joins from Gallagher, where he was a director on its crisis management team.
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It is understood that the executive joined THB Peru in a managing director position.
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The Corporate Risk and Broking head of global lines of business said staff and client attrition has been reversed – and cast doubt on predictions of further specialty market hardening.
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The broker said clients can move fast in a harder market but need time to review quotes.
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The Envest transaction includes the acquisition of Aviso Group, a network of broking offices across five states and 10 MGAs.
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In addition, the executive will be eligible to participate in the company's long-term incentive program with a target grant date value of $11.1mn.
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James Bannister has spent 12 years in total at Aon, with his time at the broker split in half by a two-year stint as a PV underwriter at Sompo Canopius.
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The transaction will add Latin American hurricane and earthquake modelling capabilities to Aon’s product suite.
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Moves to push down London broker commissions highlights the options open to write reinsurance platforms in other markets.
