Alan Griffin, President and CEO of JLT Reinsurance Brokers Limited Interviewed by the Review Magazine
01 December 2008
Alan Griffin was interviewed by the Review magazine about the impact of the recent spate of mergers and acquisitions in the insurance and reinsurance broker market.
Following the Aon/Benfield merger, considered by many market observers to be the deal of the year, Alan believes there will many opportunities for other brokers including JLT Re to acquire new business or talent. "Clients will still want to have an alternative broker. They want the choice."
The market recognises that the combined analytical expertise of Aon Benfield makes them a formidable rival. "If you don’t have the analytical capabilities and the facilities in that area, it is going to be very difficult to stay competitive. This is something we recognised at JLT Re in the beginning of 2006." JLT Re has made a significant investment in our Business Research team, and our analytical expertise and modelling capabilities are now an integral part of the JLT Re value proposition.
Head of Communications & Marketing, JLT Re