JLT Specialty Insurance Services Inc. Announces the Addition of Two Senior Executives to Its U.S. Team
February 18 2015 - 8:00AM
Business Wire
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 delighted to announce the appointment of
Jennifer Fahey and Steve Davey as Senior Vice Presidents.
Jennifer brings a wealth of industry and client experience to
the JLT Specialty team. She began her career at Johnson &
Higgins and was recruited to Marsh’s FINPRO practice. She started
the Minet Group financial lines practice, where in 1998, Minet was
acquired by Aon. At Aon, she held various roles within the
Financial Services Group including New York regional leader and
National Directors’ & Officers’ practice leader. In addition,
she held the roles of U.S. Retail Sales & Marketing leader, and
Chief Broking Officer for the Americas. Jennifer is based in New
York and will work closely with JLT clients and prospective clients
across the U.S. to assist with their risk management needs.
Steve began his career at Thomas Weisel Partners, a boutique
merchant banking firm, before transitioning into distressed debt
and private equity. Thereafter, Steve served as Vice President with
PNC, a national lender focused on leveraged, structured, and
second-lien debt. Over the last few years, Steve served as a
Director with AloStar, a specialty lender focused on leveraged
debt; as well as Lateral Investment Management, a direct lender
providing leveraged and structured debt investments. Steve is based
in San Francisco and will work closely with JLT’s private equity
and restructuring partners.
Commenting on today’s announcement, Michael Rice, CEO of JLT
Specialty Insurance Services Inc., said: “JLT continues to add
industry-leading talent to our U.S. team. We are building
differentiated and unparalleled platforms to serve clients with
complex risk issues. Jennifer and Steve bring unique experience and
capabilities not found at other firms that will create considerable
value for our clients.”
David Payne, Chief Revenue Officer of JLT Specialty Insurance
Services Inc., added: “Our ability to bring specialized talent into
our business is unparalleled in the industry. Both Jennifer and
Steve have incredible relationships and proven track records of
solving complex problems for clients. We are thrilled to have them
as part of our team.”
Jennifer and Steve’s appointments follow JLT’s strategy to
significantly expand its U.S. capabilities into the Group’s key
specialty areas, including Technology, Energy, Aerospace, Aviation,
Retail, Financial Services, Private Equity and Construction. JLT
encourages any potential applicants interested in becoming part of
its U.S. Specialty team to contact Andrew Love at +1-877-355-1232,
hiringusa@jltgroup.com or visit www.jltgroup.com.
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 10,000 employees. Supported by the
JLT International Network, it offers risk management and employee
benefit solutions in 140 countries.www.JLTGroup.com
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.
JLT media contacts:Jim
PierceChairman, JLT Specialty Insurance Services Inc.+1 713 504
4662jim.pierce@jltus.comorAshely DealAssistant Vice
President, Marketing, JLT Specialty Insurance Services Inc.+1 310
266 9464ashely.deal@jltus.comorPaul DransfieldHead of Group
Corporate Communications+44 20 7528
4933Paul_Dransfield@jltgroup.com
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