JLT Towers Re has appointed former Guy Carpenter head, David Flandro, as global head of strategic advisory.
Flandro, who led efforts on corporate strategy, international rating advisory, market entry, capital structure and credit risk advisory during his time as global head of business intelligence at Guy Carpenter, will be based in New York and is expected to start mid-year.
Ed Hochberg, executive vice president, global head of analytics, banking, and advisory at JLT Towers Re, said: "This new and important role at JLT Towers Re will focus on our new business strategy, ERM and strategic/financial consulting. David's proven track record and personal drive make him an excellent fit for JLT Towers Re and we are very excited to be welcoming him to our growing team.”
Previous to Guy Carpenter, Flandro was part of the Benfield Research team and is a regular presenter at industry events and commentator in industry publications.
Flandro said: "While there has been continued consolidation in the reinsurance brokers market for a number of years, the creation of JLT Towers Re offers the industry a real alternative and for me a very exciting prospect. I see this as an excellent opportunity to build on my experience and expertise working with the some of the industry’s leading talent as part of a new and formidable platform.”
Alastair Speare-Cole, co-chief executive officer at JLT Towers Re, said: "Following successful renewals at 1/1 and 4/1 we appreciate the continued support from clients and markets as we build our capabilities and grow the JLT Towers Re platform. David is really great hire for the business and testament to our focus on client needs and ongoing success".
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JLT Towers Re, Guy Carpenter, David Flandro, North America