PHILADELPHIA--(BUSINESS WIRE)--JLT Re, the global provider of reinsurance broking and capital solutions, today announces that James W.B. Hole is joining The Cincinnati Insurance Company as part of the organizations plans to expand its Assumed Reinsurance operations.
Mike Reynolds, Global CEO, JLT Re, said, “This is a great opportunity for Jamie who has worked closely with The Cincinnati Insurance Company for a number of years. His knowledge and experience will be invaluable to them as it has been to JLT Re. We see this as a good time for Cincinnati to prepare for future opportunities whilst diversifying risk and it makes perfect sense for them to build on the relationship they have with Jamie.”
Ed Hochberg, CEO, JLT Re North America, said, "While we are sad to see Jamie go, Cincinnati is a long standing and very valued client for JLT Re and this move is testament to that relationship. We look forward to working with Jamie and Cincinnati to ensure a seamless transition whilst supporting our ongoing relationship for the future.”
Jamie joined JLT Re as part of the 2013 acquisition of Towers Watson’s reinsurance business as Managing Director Global Business Development. Prior to this Jamie was Managing Director, Sales and Practice Development for both Towers Watson’s Reinsurance business and Property & Casualty Consulting business. He joined the company in 1994.
Mike Reynolds, concludes, "I would like to thank Jamie for the huge role he has played at JLT Re and previously at Towers Watson’s reinsurance business. He has been instrumental in driving the strong progress we have made in North America and globally over the past 17 months. We look forward to working with Jamie and The Cincinnati Insurance Company in the future and we see this as a great opportunity to cement our ongoing relationship.”
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Notes to Editors
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 14 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.
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.
