JLT boosts US team

JLT Specialty Insurance Services, a US subsidiary of Jardine Lloyd Thompson (JLT), has appointed Jason Horwitz as a senior vice president in its special situations group.

Horwitz, a restructuring specialist, joins from Kurtzman Carson Consultants. He started his career as a bankruptcy attorney at two law firms specialising in US restructuring and financial advisory services - Kirkland & Ellis and Perkins Coie  – and then worked as a bankruptcy consultant and director of business development in the bankruptcy administration industry.

Michael Rice, chief executive officer of JLT Specialty Insurance Services, said: “JLT’s focus on the distressed space is unique in the world of insurance brokers. This focus demonstrates our commitment to create teams and solutions that solve problems for the turnaround community as well as distressed companies. We are thrilled to have Jason join our practice and excited to bring his immense experience and talents to work on behalf of our clients and partners.”

David Payne, chief revenue officer of JLT Specialty Insurance Services, said: “Today’s macroeconomic picture suggests a growing demand for our specialised distressed expertise to help clients solve their complex insurance issues. We are very excited to be positioned as the leading insurance broker to solve cost, collateral and personal asset issues within the distressed sector.”