JLT Specialty Insurance Services Inc. Announces Appointment of Joe Addison as Executive Vice President

ATLANTA--()--JLT Specialty Insurance Services Inc. (JLT Specialty USA), a U.S. subsidiary of Jardine Lloyd Thompson Group plc. (JLT), one of the world’s leading specialty-focused providers of insurance, reinsurance and employee benefits related advice, brokerage and associated services, is pleased to announce the appointment of Joe Addison as Executive Vice President and member of the U.S. Executive Committee.

Addison will be based in Atlanta where he will oversee the U.S. Entertainment and Hospitality practice and will also be responsible for leading the development and growth of JLT Specialty USA in the southern United States.

“We are privileged and delighted to welcome Joe to the JLT Specialty USA family,” said Michael Rice, Chief Executive Officer of JLT Specialty USA. “We are energized by the launch of our U.S. Entertainment and Hospitality practice under Joe’s leadership.”

“It’s an honor to have such a tremendous talent join the JLT Specialty USA family,” added Jim Pierce, Chairman of JLT Specialty USA. “We look forward to Joe providing our clients with new approaches and solutions to the most complex risks and challenges.”

Addison comes to JLT Specialty USA from Aon where he served as CEO of the Entertainment Practice, a global business serving many of the leading entertainment, sports, media and hospitality companies. He became CEO of the practice in 2007 after overseeing the merger between Aon/Albert G. Ruben’s Sports and Recreation Specialty practice—a division that Addison started—and the Entertainment Group. Addison brings to JLT 25 years of experience and holds a B.B.A. degree from the University of South Carolina and is a graduate of the world renowned INSEAD program for managers.

JLT Specialty USA provides core capabilities in the key industry specialty areas of Aerospace, Construction, Energy, Entertainment and Hospitality, Private Equity, Real Estate, and Technology and key product specialty areas of D&O, Cyber, E&O, Credit, Political and Security Risks, Environmental and Transactional Liability.

JLT encourages any potential applicants interested in the Entertainment and Hospitality practice and rapidly developing their careers and becoming part of its U.S. Specialty team to contact Sue Corney at 518-782-3143, sue.corney@jltholdings.com or visit www.jlt.com.

About JLT Specialty Insurance Services Inc.

JLT Specialty Insurance Services Inc. is the U.S. platform of the leading specialty business advisory firm Jardine Lloyd Thompson Group. Our experts have deep industry and product experience serving leading U.S. and global firms.

About Jardine Lloyd Thompson Group plc.

Jardine Lloyd Thompson is one of the world’s leading providers of insurance, reinsurance 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.

www.jlt.com

Note to Editors:

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.

Contacts

Burson-Marsteller
Julia Friedman, 310-309-6603
julia.friedman@bm.com
or
JLT Specialty Insurance Services Inc.
Ashely Deal, 310-266-9464
ashely.deal@jltus.com

Contacts

Burson-Marsteller
Julia Friedman, 310-309-6603
julia.friedman@bm.com
or
JLT Specialty Insurance Services Inc.
Ashely Deal, 310-266-9464
ashely.deal@jltus.com