21 March 2014 News

JLT Towers Re hires Guy Carpenter MD

JLT Towers Re has appointed Bart Zanelli, formerly of Guy Carpenter GC Securities, as head of advisory for North America.

Zanelli spent several years with Guy Carpenter, where he was managing director of corporate finance and advisory. His role included executing and closing transactions relating to financing, M&A, and securitisations of insurance funding assets.

Zanelli has been tasked with developing the North American business by assisting clients and prospects with investment banking services, such as raising capital, M&A, and the evaluation of strategic alternatives.

Additionally, he will work closely with Craig Darling, managing director and Aaron Cubbison, director of Strategic Capital on this type of activity.

Zanelli will be joined by Tom Deane as an additional investment advisor executive. Deane has over eight years of experience in insurance advisory having worked for Benfield Advisory and Aon Benfield Securities. Deane is currently working in the advisory practice in London and will relocate to New York this summer.

Ed Hochberg, global head of analytics, banking, and advisory, said: “We are very excited to welcome Bart to the JLT Towers Re team. His experience in M&A and capital raising will, no doubt, be well-received by our clients and prospects.  With Bart joining us, it provides us with this important advisory capability in North America, working in conjunction with our successful established team in London.”

Alastair Rodger, global head of advisory added: “Bart brings with him a wealth of experience and an impressive track record of successful transactions. These range from start-ups to large deals for very established insurance companies. He adds an important element to our capabilities and significantly broadening of our reach.”

Zanelli said: “Joining JLT Towers Re is an exciting next step in my career. I believe that I have acquired a number of key skills during my time at Guy Carpenter and Fox-Pitt, Kelton, and am eager to further develop these with the great opportunities that JLT Towers Re is seeing in the market.”

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