28 April 2015 Insurance

JLT Specialty hires Beazley exec

JLT Specialty Insurance Services, a US subsidiary of Jardine Lloyd Thompson (JLT), has appointed John McNally as leader and senior vice president of its transaction advisory practice.

McNally will support JLT Specialty’s private equity and corporate clients in utilising insurance to facilitate the successful closing of M&A transactions.

Prior to joining, McNally served as team leader of transaction liability at Beazley in London. He also served with AIG  for more than 15 years, where he held positions from claim manager, to vice president, to team leader of the mergers & acquisitions insurance group in London.

“We are excited to announce that John is coming on board to help lead and develop this key practice area for JLT Specialty USA,” said Mike Rice, chief executive officer of JLT Specialty.

“John brings an impressive 20-year career of successfully developing and implementing truly specialised offerings to assist clients during some of their most critical moments. John will be a true asset to the JLT Specialty USA team and we look forward to leveraging his many talents as we constantly look for ways to better service our clients,” he said.

David Payne, executive vice president and chief revenue officer, added: ”John is a valuable asset focusing on one of the fastest growing areas of insurance: utilising insurance capital to facilitate the successful closing of transactions. We are pleased to have John as part of our team and look forward to introducing him to our clients and partners.”

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