Former Aon Benfield chair O'Halleran to head VC firm advisory board
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The ManchesterStory Group, a venture capital firm focused on insurance-relevant financial technology and health care companies, on Tuesday said it has named former Aon Benfield Executive Chairman Michael O’Halleran special adviser and chair of the advisory board of ManchesterStory Venture Fund L.P.
In this newly created position, Mr. O’Halleran will help find startup companies for fund investments, provide input on strategic issues and priorities in the insurance industry, and bring key industry thought leaders and executives to the fund’s attention, Des Moines, Iowa-based ManchesterStory said in a statement. He will be based in Chicago.
Mr. O’Halleran retired from his position at Aon Benfield on May 1, according to a spokeswoman.
“From his founding role as CEO of Aon Re in 1987, to executive chairman at Aon Benfield, Mike has continually driven insurance innovation,” Dave Miles, co-founder and managing partner of ManchesterStory, said in the statement. “The ability to leverage his expertise and insights enhances ManchesterStory’s market assessment capabilities, and will be of immense value to our portfolio companies going forward.”
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