JLT Specialty USA Announces Addition of Marine Specialty Practice

NEW YORK--(BUSINESS WIRE)-- 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, today announced the addition of a marine specialty practice. This team will build and grow the marine specialty capabilities, and manage and service existing clients with tailored and dedicated excellence.

The marine specialty practice comprises professionals with significant experience, running successful marine-focused risk management practices. The individuals appointed to this team include:

• John G. Betz, Senior Vice President;
• Christopher J. Maro, Vice President;
• Kenneth M. Fichtelman, Assistant Vice President

“We’re very excited to announce the formation of this US marine specialty practice and are confident that our current and future clients will benefit greatly from their decades of experience and in-depth knowledge of the space,” said Peter Mortlock, Executive Vice President of JLT Specialty USA.

“This team comes to JLT Specialty USA with impressive careers and backgrounds in the marine space,” added Jim Pierce, Chairman of JLT Specialty USA. “We look forward to utilizing their many talents to deliver innovative approaches and exemplary service to our clients.”

Most recently, John Betz was the Area President for Arthur J. Gallagher and led the Blue and Brown Water Marine Practice. Previously, he was the founding partner of B&P International, and served as President from 1987 to 2004 where, under his leadership, B&P grew to become an internationally recognized brokerage and adjusting firm. Betz has over 30+ years as a marine insurance brokerage professional, including extensive experience in claims and claims handling. Betz received a B.S. from The University of North Carolina, Greensboro.

Prior to joining JLT Specialty USA, Christopher Maro served as Partner for the Howden Marine Group, where he was responsible for managing all New York operations and new business development. Maro began his career in the Maritime industry sailing for US Flag Government operated vessels in support of Operation Iraqi Freedom. Following his seagoing career, Maro made a transition from seafarer to corporate business and entered into the Marine Insurance field, focusing on the Blue Water and large Brown Water areas of the business. Maro’s previous background includes over 11+ years at Arthur J. Gallagher as a Senior Vice President working within the Marine Group with specific concentration in Marine Liabilities, Hull & Machinery and financial risks. Maro received a B.S. in Marine Transportation & Business Management and is completing his Master of Science in International Business & Transportation all from The State University of New York, Maritime College.

Kenneth Fichtelman comes to JLT Specialty USA having most recently served as Associate Partner for the Howden Marine Group and is responsible for the direct servicing and placing of specialized programs on behalf of the US domiciled clientele. Prior to that Fichtelman was a marine insurance broker with a focus on Hull & Machinery and Protection & Indemnity coverage’s. Other areas of specialty include Charterer's Liability, War Risks, Kidnap & Ransom, Marine & War Loss of Hire, and Drug Delay LOH coverage. Fichtelman holds a B.S. in Maritime Operations & Technology from The United States Merchant Marine Academy, Kings Point.

This announcement comes as JLT Specialty USA continues its strategy of expanding its U.S. capabilities and platform around key industry and product specialties.

JLT encourages any potential applicants interested in rapidly developing their careers and becoming part of its U.S. Specialty team to contact Sue Corney at 518-782-3143, [email protected] or visit www.jltus.com.

About JLT Specialty Insurance Services Inc.

JLT Specialty USA 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 40 territories with more than 10,600 employees. Supported by the JLT International Network, it offers risk management and employee benefit solutions in 135 countries.

For further information about JLT, please visit our website www.jltus.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.

View source version on businesswire.com: http://www.businesswire.com/news/home/20151119005296/en/

Alpaytac

Melisa Yunlu, 312-245-9805

[email protected]

or

JLT Specialty USA

Ashely Deal, 310-266-9464

[email protected]

Source: JLT Specialty USA