JLT Towers Re appoints David Flandro as Global Head of Strategic Advisory as the business continues to build its global capability

26 May 2014

New York: JLT Towers Re is pleased to announce the appointment of David Flandro as Global Head of Strategic Advisory.

Ed Hochberg, Executive Vice President - Global Head of Analytics, Banking, and Advisory, JLT Towers Re, said"This new and important role at JLT Towers Re will focus on our new business strategy, ERM and strategic/financial consulting. David's proven track record and personal drive make him an excellent fit for JLT Towers Re and we are very excited to be welcoming him to our growing team".

David will be based in JLT Towers Re’s New York office and is expected to start mid- year. Prior to joining JLT Towers Re David was Global Head of Business Intelligence for Guy Carpenter where he led efforts on corporate strategy, international rating advisory, market entry, capital structure, credit risk advisory and many other specialized issues. Previous to this David was part of the Benfield Research team and is a regular presenter at industry events and commentator in industry publications. David's wide-ranging sector and client research is well known and regarded throughout the industry.  

Commenting on his appointment David said "While there has been continued consolidation in the reinsurance brokers market for a number of years, the creation of JLT Towers Re offers the industry a real alternative and for me a very exciting prospect. I see this as an excellent opportunity to build on my experience and expertise working with the some of the industry’s leading talent as part of a new and formidable platform".  

Alastair Speare-Cole, Co-Chief Executive Officer, JLT Towers Re, said "Following successful renewals at 1/1 and 4/1 we appreciate the continued support from clients and markets as we build our capabilities and grow the JLT Towers Re platform. David is really great hire for the business and testament to our focus on client needs and ongoing success".

Enquiries:

JLT Towers Re Isabella Young Tel: (+44) 20 7558 3387/ (+44) 7920 586 032 Email: Isabella.Young@JLTTowersRe.com

About JLT Towers Re

JLT Towers Re was formed in 2013 when JLT Group acquired Towers Watson’s reinsurance business and merged it with JLT Reinsurance Brokers, creating a new force in the international reinsurance market.

With over 700 professionals in 30 locations across 16 countries, JLT Towers Re has established North American and London Market reinsurance broking businesses combined with international reinsurance operations and a dynamic brand, creating a business that provides clients with enhanced scale, capability and market presence.

JLT Towers Re is part of the Jardine Lloyd Thompson Group plc one of the world’s largest suppliers of insurance, reinsurance and employee benefits related advice, brokerage and associated services.

www.JLTTowersRe.com

About JLT Group plc

JLT Group plc is quoted on the London Stock Exchange and owns offices in 39 territories with over 9,000 employees. Supported by the JLT International Network, it offers risk management and employee benefit solutions in 135 countries.

www.JLTGroup.com

contact Isabella Gaster
Head of Communications & Marketing, JLT Re