24 September 2015 Insurance

JLT Specialty lures Marsh exec

JLT Specialty, the US subsidiary of Jardine Lloyd Thompson Group (JLT), has appointed Gary Pestana as executive vice president (EVP) and leader of JLT Specialty’s real estate practice.

Pestana joins from Marsh where he spent 12 years, most recently as a client executive for real estate, construction and development.

He will work from the firm’s San Francisco and Los Angeles locations where he will focus on leading the real estate practice and building the firm’s client base across the property, casualty, environmental, and management liability lines.

Michael Rice, chief executive officer of JLT Specialty, said: “We are extremely excited to bring someone of Gary’s calibre onboard to lead our real estate practice. Gary’s impressive 27-year career of serving real estate clients will prove to be a true asset to the JLT Specialty team and our current and future clients.”

David Payne, EVP and chief revenue officer of JLT Specialty, said: “I am pleased to officially welcome Gary to the JLT Specialty family. We are thrilled to have Gary as part of our team and look forward to introducing him to our clients and partners.”

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