JLT Specialty Insurance Services Inc. Announces Appointment of Andrew Pelzer as Vice President, Transaction Advisory Practice

01 September 2015

JLT Specialty Insurance Services Inc. (JLT Specialty USA), a U.S. subsidiary of Jardine Lloyd Thompson Group plc. (JLT), one of the world’s leading specialty-focused providers of insurance, reinsurance and employee benefits related advice, brokerage and associated services, is pleased to announce the appointment of Andrew Pelzer as Vice President.

Pelzer will be based in New York where he will be an integral part of the Transaction Advisory Practice (“TAP”) at JLT Specialty USA.

Pelzer brings to JLT Specialty USA more than five years of legal and tax experience in M&A and private equity transactions. In his role, Pelzer’s primary responsibility will be on the structuring and placement of tax insurance products and solutions for both corporate and private equity clients. Pelzer’s responsibilities will also include advising on the TAP’s other products, including Representations and Warranties insurance, litigation insurance and other products designed to de-risk M&A transactions.

“We are very excited to announce Andrew’s appointment and welcome him to the JLT Specialty USA family,” said Michael Rice, Chief Executive Officer of JLT Specialty USA. “We are thrilled to have such tremendous talent join our team.”

“Andrew’s vast experience with tax issues in M&A and private equity transactions, the structuring of investments in Loss Corporations and his deep knowledge of corporate and partnership tax issues, will be an immediate asset to JLT Specialty USA and our clients,” added John McNally, Senior Vice President, Transaction Advisory Practice at JLT Specialty USA. “We look forward to Andrew’s continued success as he begins his new role within our team.”

Pelzer comes to JLT Specialty USA from Weil, Gotshal and Manges where he served as Tax Associate for more than four years, advising clients on more than 100 separate M&A transactions in a variety of industries including technology, real estate, health care and insurance.

Pelzer holds a B.S. in Animal Science with a concentration in Applied Economics and Management from Cornell University and received his Juris Doctor from Saint John’s University School of Law. He then went on to receive his LL.M in Taxation from New York University School of Law. Prior to joining Weil, Gotshal and Manges, Pelzer was a judicial intern for the Honorable Sandra L. Townes, U.S. District Court, Southern District of New York.

This announcement comes as JLT Specialty USA continues its strategy in expanding its core capabilities in the key industry specialty areas of Aerospace, Construction, Energy, Entertainment and Hospitality, Private Equity, Real Estate and Technology. In addition, JLT Specialty USA also has expertise in the key product specialty areas of D&O, Cyber, E&O, Credit, Political and Security Risks, Environmental and Transactional Liability.

JLT encourages any potential applicants interested in rapidly developing their careers and becoming part of its U.S. Specialty team to contact Sue Corney at 518-782-3143, sue.corney@jltholdings.com or visit www.jlt.com.

About JLT Specialty Insurance Services Inc.

JLT Specialty Insurance Services Inc. is the U.S. platform of the leading specialty business advisory firm Jardine Lloyd Thompson Group. Our experts have deep industry and product experience serving leading U.S. and global firms. 

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 39 territories with more than 10,600 employees. Supported by the JLT International Network, it offers risk management and employee benefit solutions in 135 countries.


Note to Editors:

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.