Andy Neal

Managing Director

AON

Based in Washington, DC, Neal joins Aon from the Federal Emergency Management Agency (FEMA) where he was National Flood Insurance Program chief actuary and branch chief, actuarial and catastrophic modelling.

Neal brings more than 20 years of industry experience to Aon, most recently leading the actuarial and catastrophe modeling teams to support the more than 4 million policyholders of FEMA’s National Flood Insurance Program (NFIP) – representing over $4 billion in insurance premium and more than $1.3 trillion of coverage – as well as providing strategic leadership to FEMA’s National Hazard’s Risk Assessment Program team that supports the National Risk Index.

In his role at FEMA, Neal drove to bring transparency to the risk held by the NFIP and to develop financial tools to manage that risk. He led the development of National Risk Rating 2.0: Equity in Action – a complete overhaul of the NFIP’s rating plan to use both private sector and public sector catastrophe models, incorporating the latest actuarial approaches to natural catastrophe risk to ready the NFIP for volatility due to climate change and future conditions. He also led the implementation of the NFIP’s first reinsurance and catastrophe bond covers.