Mark Shumway joins JLT Re as Global Head of Strategic Advisory
28 June 2016
JLT Re, the global provider of reinsurance broking and consultancy, has appointed Mark Shumway as Global Head of Strategic Advisory. Mark will join JLT Re as soon as he has completed his contractual obligations with Guy Carpenter and will be based in the Philadelphia office reporting to David Flandro, JLT Re’s Global Head of Analytics.
Commenting on the appointment David Flandro said, "We are delighted to welcome Mark to our team. Mark’s capabilities in strategic advisory and in creating value for insurance carriers are collectively unsurpassed in the sector. Mark’s expertise will be a great asset to JLT Re in continuing to provide new insights to fit the unique needs of our clients.”
Mark brings nearly 20 years of analytics, advisory and management experience in the (re)insurance industry, joining from Guy Carpenter where he was a Managing Director and Head of Strategic Advisory for the Asia-Pacific region. Mark developed the advisory offering for Asia and was responsible for many other specialised client services. Prior to joining Guy Carpenter in 2003, Mark was an analyst at A.M. Best and also worked as a consultant at KPMG.
Mark Shumway said, “I am honoured to join JLT Re in this position, and look forward to working with David and the other client-focused, dynamic colleagues at this world-class firm. It is exciting to be part of a growing company whose management are so clearly focused on clients’ success. I will strive to enhance JLT Re’s capacity to deliver meaningful and profitable insight.”
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Notes to editors
About JLT Re
JLT Re’s trusted team of 700 colleagues worldwide combines market leading expertise and proprietary analytical tools with the freedom to challenge conventions.
Deep specialist knowledge and extensive experience of both the reinsurance market and clients’ own industries and sectors enables JLT Re to ask smarter questions, innovate and deliver better results tailored to meet client needs.
JLT Re is part of the Jardine Lloyd Thompson Group plc.
About Jardine Lloyd Thompson
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 10,600 employees. Supported by the JLT International Network, it offers risk management and employee benefit solutions in 135 countries.
For further information about JLT, please visit our website www.jlt.com.