JLT Re announces senior management appointments in North America

05 May 2015

Philadelphia: JLT Re, the global provider of reinsurance broking and capital solutions, today announces a number of key senior appointments for its North American business:

  • George Daddario - Deputy Chief Executive Officer - North America Reinsurance
  • Tony Marangiello - North America Marketplace Leader
  • Craig Darling - President of JLT Re Ventures, a unit of JLT Re North America that is dedicated to finding start-up and similar business opportunities and working with JLT Capital Markets
  • David Johnson - appointed to the JLT Re North America Executive Committee and co-leader of Transportation Practice Group with his brother, Horace (J.J.) Johnson

Commenting on these appointments, Ed Hochberg, CEO, JLT Re in North America, said, "All of these appointments are testament to the hard work and commitment of these individuals who have all played a key role in the continued success of JLT Re in North America as we drive this business forward. It is very important to note that all of these management functions include a substantial level of client interaction as one of our key differentiators at JLT Re is the involvement of our senior management in day to day client management and service."

George Daddario will oversee delivery of intermediary services to JLT Re’s clients and prospects in North America and will act as Vice Chairman of the JLT Re North America Executive Committee. George joined Towers Perrin Re in 2003, after having worked for Tower Group, Willcox, and Intere, and he serves on the Board of the Insurance Industry Charitable Foundation.

Tony Marangiello will be responsible for the operations of all JLT Re offices in the United States. In addition, Tony will continue to head up the Specialty Practice Business Development Unit and will expand relations with other JLT Group business in North America. Tony joined Towers Perrin Re in 1994 after having worked at Willis.

Prior to the acquisition of Towers Watson Re, Craig was CEO of JLT Re North America, and he led the successful effort to start up Weston Insurance Company. Craig spent nearly seven years at Willis Re, eventually rising to Managing Director of their North American leadership team. Prior to joining Willis Re, Craig worked at Aon Specialty Re as well as Security Re, Chubb and Interstate Fire and Casualty Companies.

David Johnson joined Towers Watson Re in 2011. Prior to joining TW Re, David served as President and Chief Operating Officer of Axiom Re, Inc.

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Notes to Editors

Enquiries:

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

Elizabeth Miller Tel: +1 215 246 1654 / +1 215 380 2079 Elizabeth.Miller@JLTRe.com

About JLT Re

JLT Re is a global provider of reinsurance broking and capital solutions. Delivering world class solutions and service whilst differentiating clients from their peers, JLT Re has 700 professionals across 13 countries.

New clients and new employees continue to join, attracted by specialist broking, consultancy and analytical capability, increased market presence and a collaborative and energetic approach.

JLT Re is part of the Jardine Lloyd Thompson Group plc.

www.jltre.com

About Jardine Lloyd Thompson Group plc

Jardine Lloyd Thompson is one of the world’s leading providers of insurance 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 39 territories with more than 10,000 employees. Supported by the JLT International Network, it offers risk management and employee benefit solutions in 135 countries.

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.

contact Isabella Gaster
Head of Communications & Marketing, JLT Re