JLT Specialty strengthens programmes practice
23 January 2018
- Richard Wynn brings nearly three decades of experience working with MGAs
JLT Specialty (JLT), the specialist insurance broker and risk consultant, has appointed Richard Wynn as Partner within its Programmes practice.
Richard brings more than 27 years of market experience, and will be focused on building the sales and business development pipeline for the Programmes team which targets both start-up and established Managing General Agents (MGAs). Working across the global marketplace, he will have a particular focus on the UK, Europe, US, and Canada.
He joins JLT from Nexus Underwriting Management Ltd, where he was Director of Business Development producing new opportunities across multiple classes. Prior to this, Richard was Executive Director at Howden Insurance Brokers where he was based in Singapore and responsible for the development and placing of wholesale reinsurance for the Asia Pacific region. During his 18 years at Howden, he also helped to establish their presence in the United Arab Emirates.
The MGA market is a fast-growing and exciting part of the insurance industry, with over 300 MGAs currently underwriting more than 10% of the UK’s nearly £50bn general insurance market premiums. JLT’s Programmes practice provides significant scale, reach and expertise to established MGAs in London and around the globe, as well as supporting emerging MGAs throughout their entire commercial lifecycle.
Adam Codrington, CEO of Special Risks and Programmes division at JLT Specialty, said: ’Richard has a track record in the business which is second to none, and he will be a great asset to JLT Specialty and our clients. His knowledge of the global market will play a significant role in supporting our MGA clients and driving our Programmes practice forward.’
Richard Wynn, partner at JLT Specialty, added: ’I am looking forward to developing data and analytical solutions along with a consultancy approach to support MGAs and make a real difference in their business. MGAs are a fast growth sector of the insurance industry, and this is an exciting time to help them further grow and strengthen their offering to new and existing clients.’
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PR Manager, JLT Group
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Board Director, Infinite Global
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NOTES TO EDITORS:
• MGA figures according to the Managing General Agents’ Association.
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.
JLT Specialty Limited (JLT Specialty) is a specialist insurance broker and risk consultant, providing market leading industry knowledge and expertise in specialist fields to some of the world's largest companies.