Guy Carpenter announced a new leadership appointment from the Jardine Lloyd Thompson Group plc (JLT) reinsurance organization. Effective upon closing of the transaction between Guy Carpenter’s parent company, Marsh & McLennan Companies and JLT, which remains subject to the receipt of certain antitrust and financial regulatory approvals, Ross Howard, Chairman of JLT Re, will become Vice Chairman of Guy Carpenter, reporting to President & CEO Peter Hearn.
Mr. Howard will also become a member of Guy Carpenter’s Executive Committee and will be responsible for developing new business opportunities and assisting with client relationships in order to continue the growth of the combined global reinsurance business. Additionally, Mr. Howard will also play a key role in executing the integration of JLT Re with Guy Carpenter.
“We are very excited to take the first steps in bringing together these two great reinsurance businesses. I have known Ross in the market over the years and believe he will play a pivotal role in the success of the combined organization, driving growth and global collaboration, while further differentiating our client value proposition,” said Mr. Hearn. “I am very pleased to welcome Ross to our leadership team.”
“I am delighted at the prospect of joining Guy Carpenter’s industry-leading executive team and look forward to adding a complementary perspective and diversity of thought that will deliver greater value and profitable growth to clients,” added Mr. Howard.