PHILADELPHIA--(BUSINESS WIRE)--JLT Re, the global provider of reinsurance broking and capital solutions, has appointed Ed Hochberg as CEO of JLT Re in North America. Ed was previously Global Head of Analytics, Banking and Advisory at JLT Re having joined as part of the 2013 Towers Watson Re acquisition. Ed will report to Mike Reynolds, Global CEO of JLT Re.
Mike Reynolds said, "Ed has been a key player in the development of our JLT Re proposition and the increased profile of JLT Re in North America. I am delighted he will now become CEO in the region and expect his dynamic leadership to support our on-going focus on expanding our North American platform.
“His extensive knowledge and experience combined with a deep understanding of the changing requirements of the reinsurance and capital markets make him the ideal person for this role. This appointment exemplifies our drive to focus on clients by building JLT Re around knowledge and insight.”
Commenting on his appointment, Ed Hochberg said, "This exciting opportunity will allow me to build on my work to date at JLT Re where we have had great support from both clients and markets. All of my colleagues in North America are intent on building our reputation as market leaders; together we bring a huge amount of sector knowledge and a commitment to service excellence in line with the JLT Re client first philosophy.”
Before joining Towers Watson in 2003, Ed was a Senior Vice President of Financial Products for PMA Re. Prior to this position, Ed spent time at PMA Capital Corporation, Deloitte & Touche, LLP, and he also served on the Board of Directors of Cathedral Capital PLC. He has a B.S. in Economics from the Wharton School of the University of Pennsylvania. Ed will retain the responsibilities for his current role as Global Head of Analytics, Banking and Advisory until a replacement is appointed which is expected to be in the near future.
Ross Howard, Executive Chairman, JLT Re said “Ed’s appointment allows JLT Re to continue our client-focused approach to our reinsurance business in North America, as well as bringing first-hand knowledge of many of our clients in JLT Re’s other major business centers. As JLT Group continues to develop its business platform in North America, Ed’s appointment will no doubt illustrate the Group’s commitment to this very important marketplace. We all look forward to working with Ed to provide opportunities for both our clients and our people in North America".
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Notes to Editors
About JLT Re
JLT Re a global reinsurance broker and consultancy that concentrates on geographies and specialty classes where it believes it can make a difference to clients.
JLT Re has close to 700 professionals across 14 countries, with the scale to deliver world class solutions whilst remaining small enough to differentiate clients from their peers. New clients and new employees continue to join, attracted by specialist broking, consultancy and analytical capability and increased market presence.
JLT Re is part of the Jardine Lloyd Thompson Group plc.
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.
