JLT Re announces acquisition of Risk and Reinsurance Solutions Corp
03 January 2017
- Expands JLT Re’s treaty business into the key markets of Puerto Rico and the Caribbean
- Risk & Re-Insurance Solutions Corp clients will benefit from JLT Re platform and Analytical expertise
- Enhances collaboration with the JLT Latin America Network for the benefit of JLT clients
JLT Re is pleased to announce the acquisition of Risk & Re-Insurance Solutions Corp (RRiSC). RRiSC, a reinsurance intermediary specializing in casualty treaty business based in Miami, Florida, was established by Anthony Mirabal in 2001. RRiSC will form part of JLT Re (North America) Inc.
Ed Hochberg, CEO of JLT Re (North America) Inc., said: “This well-respected team will enable us to expand JLT Re’s treaty business further into the key markets of Puerto Rico and the Caribbean, as well as to increase our presence in the Latin American region. We welcome the RRiSC team and their clients to JLT Re, and we look forward to a great start together in 2017.”
The RRiSC team, led by Mirabal, will join JLT Re immediately. In addition to RRiSC’s established client base in Puerto Rico and the Caribbean, the RRiSC team will leverage the relationship between JLT Re and other JLT Group businesses operating in Latin America.
Anthony Mirabal, RRiSC’s President and Managing Director, said: “We are thrilled to join JLT Re and look forward to offering our clients the benefits of the JLT Re platform and access to JLT Re’s Analytical expertise. This deal builds on a strong existing professional relationship between RRiSC and JLT Re, and I look forward to continued success and growth together as JLT Re.”
Alison Wham, Head of JLT Re in Miami, added, “Latin America offers a huge opportunity for JLT Re. The addition of RRiSC further underlines our commitment to this region, while enhancing collaboration with the JLT Latin America Network for the benefit of JLT clients.”
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Isabella Gaster | T: (+44) 7920 586 032 | E: Isabella.Gaster@JLTRe.com
Elizabeth Miller | T: +1 215 309 4590 | E: Elizabeth.Miller@jltre.com
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.
Risk & Re-Insurance Solutions Corporation (“RRiSC”) is an independent reinsurance intermediary specializing in the delivery of tailored reinsurance solutions with the utmost degree of professionalism, transparency, technical expertise and personalized attention. RRiSC is dedicated to assisting its clients in the optimization of their risk transfer goals and operational objectives. We strive to meet this challenge by providing personalized attention and superior service. We accomplish our mission without sacrifice to professionalism, ethical standards of conduct or any of the core corporate values that define our organization as a standout leader in the field. RRiSC is a USA based corporation headquartered in Miami, FL and has been incorporated and licensed as a reinsurance intermediary in Florida since 2001.
Learn more at RRiSC.com
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 41 countries 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.
Head of Communications & Marketing, JLT Re