Aberdeen Investments Launches Strategic Insurance Group to Drive Global Insurance Partnerships

Aberdeen Investments (“Aberdeen”) today announced the formation of a dedicated new team, the Strategic Insurance Group, focused exclusively on serving insurers and accelerating success across global insurance markets. This initiative marks a significant step in Aberdeen’s commitment to deepening its insurance expertise and expanding strategic partnerships with insurance enterprises worldwide.

The Strategic Insurance Group will act as a centre of excellence, empowering regional sales teams with subject matter expertise and targeting enterprise-level partnerships. It will also intensify Aberdeen’s focus on its core insurance investment business globally.

To lead this initiative, Matthew Smith, currently Head of Insurance Clients, has been appointed Global Head, Strategic Insurance Group. Based in London, he will report to John McCareins, Chief Client Officer, and will be responsible for driving Aberdeen’s global insurance strategy. His remit includes aligning efforts across institutional and client service teams, and leading the insurance solutions and client specialist teams.

John McCareins, Chief Client Officer, Aberdeen Investments, commented: “Insurance is central to Aberdeen’s strategy and future. That is why we have brought our insurance capabilities together in the Strategic Insurance Group – a fully-integrated team with a presence in all key global insurance markets. With deep client specialism and global reach, the group delivers bespoke insurance solutions, integrated portfolio management, high-touch client service, and strategic insights across an interconnected insurance landscape.”

The Strategic Insurance Group is designed to support the growth of Aberdeen’s insurance client base and deliver high-quality service. As insurers increasingly seek deeper, more integrated partnerships with asset managers, the group will focus on sourcing and developing strategic relationships that align with insurers’ evolving goals.

Matthew Smith, Global Head, Strategic Insurance Group, Aberdeen Investments, commented: “We think, act, and invest like an insurer. We know what it takes to do this well. It’s in the way we manage portfolios, support reporting and governance, and deliver the technical and actuarial expertise our clients expect. Our portfolio managers bring direct regulatory knowledge to optimise insurance portfolios.”

Insurance asset management is deeply embedded in Aberdeen’s heritage. Today, Aberdeen stands as an independent global insurance asset manager with roots in an insurance company. Over 150 insurance clients worldwide entrust Aberdeen with the management of £200 billion in assets across credit, multi-asset, quantitative index strategies, and real assets.

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Rachel Cashmore
Senior Manager, Media Relations: Adviser and Investments
Rachel.Cashmore@aberdeenplc.com
0734 170 3358

Jason Tse
Senior Manager, Media Relations - APAC
jason.tse@aberdeenplc.com
+852 2103 4793

Notes to editors

About Aberdeen Investments

• Aberdeen is a global investment company that helps clients and customers plan, save, and invest for the future. Our purpose is to enable our clients to be better investors.
• Aberdeen manages and administers £517.6bn worth of assets for clients (as at 30 June 2025).
• Our strategy is to deliver client-led growth. We are structured around three businesses – Investments, Adviser and ii – focused on the changing needs of our clients.
• The capabilities in our Investments business are built on the strength of our insight – generated from wideranging research, worldwide investment expertise and local market knowledge.
• Our teams collaborate across regions, asset classes and specialisms, connecting diverse perspectives and working with clients to identify investment opportunities that suit their needs.
• As at 30 June 2025, our Investments business manages £367.9bn on behalf of clients - including insurance companies, sovereign wealth funds, independent wealth managers, pension funds, platforms, banks and family offices.

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