19 February 2015 Insurance

JLT strengthens US team with Aon hire

JLT Specialty Insurance Services, a US subsidiary of Jardine Lloyd Thompson (JLT), has appointed Jennifer Fahey and Steve Davey as senior vice presidents.

Fahey joins from Aon Risk Solutions, where she most recently served as global chief risk officer. She has also served as chief broking officer for the Americas and US retail sales and marketing leader.

She is based in New York and will work closely with JLT clients and prospective clients across the US to assist with their risk management needs.

Davey joins from Lateral Investment Management, a direct lender providing leveraged and structured debt investments, where he served as director. Prior to this, he served as director with AloStar, a specialty lender focused on leveraged debt.

He is based in San Francisco and will work closely with JLT’s private equity and restructuring partners.

Michael Rice, chief executive officer (CEO) of JLT Specialty Insurance Services, said: “JLT continues to add industry-leading talent to our US team. We are building differentiated and unparalleled platforms to serve clients with complex risk issues. Jennifer and Steve bring unique experience and capabilities not found at other firms that will create considerable value for our clients.”

David Payne, chief revenue officer of JLT Specialty Insurance Services, added: “Our ability to bring specialised talent into our business is unparalleled in the industry. Both Jennifer and Steve have incredible relationships and proven track records of solving complex problems for clients. We are thrilled to have them as part of our team.”

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