JLT Specialty USA Announces Appointment of Andrew Hersh as Senior Vice President

Business Wire

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, is pleased to announce the appointment of Andrew Hersh as Senior Vice President at JLT Specialty USA.

Hersh comes to JLT Specialty USA having worked on The Newman Team at Aon as a Senior Vice President with Account Executive responsibilities. In this capacity, Hersh served as the outsourced Risk Manager for Warner Music Group and managed a diversified client base. His management and risk consulting background enables Hersh to better support the financial and operational objectives of his clients, in providing tailored risk management solutions.

“We could not be more thrilled to welcome Andrew to the JLT Specialty USA family,” said Mike Rice, CEO of JLT Specialty USA. “Andrew’s 20 years of experience in risk consulting will prove to be invaluable to our clients and prospects.”

Hersh will be based in JLT’s New York office where his primary focus will be supporting the financial and operational objectives of clients, providing risk financing and risk consulting solutions that mitigate and transfer risk.

“Andrew has a proven background in management consulting and delivering outstanding results in the mitigation, transfer and response to global risks,” said David Payne, EVP and Chief Revenue Officer of JLT Specialty USA. “We look forward to Andrew’s continued success and contribution to JLT Specialty USA as he begins his new role.”

Hersh is a member of the think tank Business Executives for National Security where he serves on the Cyber & Tech committee. Most recently he worked with US cyber security and defense experts, in cooperation with US European Command and the US Embassy in Moldova, to support the nation’s cyber security objectives.

Hersh holds a B.S. in Business Logistics from the Smeal College of Business at Pennsylvania State University.

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 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 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.