Jardine Lloyd Thompson Group plc announces hires to new US specialty...
03 September 2014
Jardine Lloyd Thompson Group plc ("JLT") one of the world's leading providers of insurance, reinsurance and employee benefits related advice, brokerage and associated services, is delighted to announce the appointment of a number of talented industry professionals from Aon to its new US specialty business, JLT Specialty Insurance Services Inc.:
- Colin Daly, most recently Managing Principal and National Practice Leader, Financial Services Group ("FSG") USA
- Paul Graziano, most recently Executive Vice-President, Risk Solutions
- Brian Hood, most recently Senior Vice President FSG USA
- Brad McDonald, most recently Western Region Managing Director, FSG USA
- David Payne, most recently Co-leader US National Sales
In addition, the following individuals will be joining us in the near future:
- John Peterson, Co-leader US National Sales
- Steve Shappell, Global Legal and Claims Practice Leader, FSG
These appointments are subject to the fulfilment of any existing contractual obligations and follow last week's announcement of our plans to expand significantly our US specialty capabilities into the Group's key specialty areas including Energy, Construction, Financial Lines, Credit, Political & Security and Aerospace (where we already have a successful US presence).
Since announcing our plans, we have had a very strong response from professionals across the insurance industry, interested in learning more about our plans and the potential employment opportunities open to them. We would encourage any potential applicants interested in becoming part of our new US specialty team to call Andrew Love on +1-877 355 1232, email firstname.lastname@example.org or visit www.jltgroup.com/usa.
Our US specialty business is to be led by Michael Rice as CEO and Patrick Donnelly as President and Deputy CEO, again subject to fulfilling their existing contractual obligations to their former employer. Together they form a dynamic leadership team with a proven track record of success in growing a specialty business in the US market and provide a strong fit to JLT's client-first culture and entrepreneurial drive.
Commenting on today's announcement, Dominic Burke, JLT Group CEO said: "I am delighted with the market's reaction to news of our plans to expand significantly our specialty offering in the US, particularly as reflected by the large number of applicants approaching us over recent days from such a broad cross-section of the marketplace. Today's appointments are a powerful illustration of the attractiveness of the JLT culture and specialty-led offering to leading industry professionals in the US and the strong growth opportunity that our new US platform represents. I am delighted to welcome our new colleagues to JLT".
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Jardine Lloyd Thompson Group
T: +44 20 7309 8191
Group Commercial Director
T: +44 20 7558 3947
Head of Group Corporate Communications
T: +44 20 7528 4933
Dania Saidam (UK)
T: +44 (0) 20 7404 5959
Beatriz Garcia (US)
T: +1 (212) 333 3810
Notes to Editors:
About Jardine Lloyd Thompson Group plc
Jardine Lloyd Thompson is one of the world's leading providers of insurance, reinsurance and employee benefits related advice, brokerage and associated services. JLT's client proposition is built upon its deep specialist knowledge, client advocacy, tailored advice and service excellence.
JLT is quoted on the London Stock Exchange and owns offices in 40 territories with more than 9,500 employees. Supported by the JLT International Network, it offers risk management and employee benefit solutions in 135 countries.
This announcement may contain "forward looking statements" regarding the financial position, business strategy or plans for future operations of the Group. By their nature, forward looking statements involve risk and uncertainty, relating to facts that are beyond the company's ability to control, such as future market conditions. Any such statements in this announcement speak only as at the date of this announcement. The company does not assume any obligation to, and does not intend to, revise or update these forward looking statements except as required pursuant to applicable law.
Head of Group Investor Relations