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Edwards and Company hires AON Executive to Lead Construction Group
Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
management
Rhea-AI Summary
Edwards and Company, a 157-year-old insurance brokerage in Sayville, NY, has appointed Ted Xenakis as President of its Construction Group. Previously at AON, Ted specialized in retaining and expanding business within the construction sector. His extensive background includes risk management roles at JRM Construction Management and Lendlease, focusing on casualty coverage and insurance strategies for large firms. Edwards CEO Kevin Rogers expressed enthusiasm about Ted's expertise, aiming to elevate client services and risk management in the construction industry.
Positive
Appointment of Ted Xenakis as President of Construction Group may enhance service delivery to clients.
Xenakis's extensive experience in risk management may lead to improved advocacy and risk strategies.
Negative
None.
SAYVILLE, N.Y.--(BUSINESS WIRE)--
Edwards and Company, a 157-year-old private insurance brokerage firm headquartered in Sayville, NY has brought on Ted Xenakis, formerly of AON in New York City as President of its Construction Group.
Prior to joining Edwards, Ted was a Strategic Account Manager for AON’s Construction Services Group (CSG). His responsibilities included retaining and growing AON’s business, cultivating relationships with C-Suite and executive client decision makers in the client organization and facilitating critical relationships between clients and insurers.
Prior to AON, Ted was the Director of Risk Management for JRM Construction Management, a large New York City interior fit out company and had overall responsibility of implementing the companies Rolling CCIP Program, SDI Program and overall responsibility of all the companies corporate insurance programs. Prior to that Ted was the Head of Insurance for Lendlease, a global developer and construction manager, where he was responsible for their multiple rolling CCIP programs, property & casualty, specialty insurance placements and SDI, along with providing claims advocacy, trend analysis, safety services of best practices.
Ted’s specific area of expertise is in casualty coverage and programs geared for large construction firms.
“I look forward to calling upon my vast experience to develop and implement services to our construction clients, including industry leading Risk Management, claims resolution, insurance review and Health and Safety practices,” said Xenakis.
Edwards’ Chief Executive, Kevin Rogers noted “We are excited to welcome Ted to our organization and to see him take his expertise and knowledge to provide our clients and the entire construction segment with services we feel are often overlooked. Most importantly to provide a higher level of advocacy, risk services and strategy to the way we assist our clients in managing risk and safety. It is going to be fun seeing Ted bring his vision to our firm.”
ABOUT EDWARDS AND COMPANY
Founded in 1865, Edwards and Company is one of the largest private brokerage firms in the NY Metro region with no private equity or external funding affiliations. As a firm, Edwards’ focus from a property and casualty perspective is on larger corporate insurance programs for public entities, larger private corporations and those clients requiring risk, or project specific programs – both guaranteed cost and retention-based solutions.
Ted Xenakis President, Construction Practice
Edwards and Company (P): 631-472-8417
(E): txenakis@edwardsandco.net
Source: Edwards and Company
FAQ
Who is the new President of the Construction Group at Edwards and Company?
The new President of the Construction Group at Edwards and Company is Ted Xenakis.
What experience does Ted Xenakis bring to Edwards and Company?
Ted Xenakis brings experience from AON, JRM Construction Management, and Lendlease, specializing in risk management and casualty coverage for large construction firms.
What are the expected impacts of Ted Xenakis's appointment on Edwards and Company?
Ted Xenakis's appointment is expected to enhance client services, improve risk management strategies, and provide a higher level of advocacy for construction clients.
When was Ted Xenakis appointed President of the Construction Group?
Ted Xenakis was appointed as President of the Construction Group at Edwards and Company in October 2022.
