Jardine Lloyd Thompson Group plc ("JLT"), one of the world's leading providers of insurance, reinsurance and employee benefits related advice, brokerage and associated services, has today announced that JLT PARK will be rebranded as JLT Specialty Bermuda. This change will be effective from 1st March 2015, subject to regulatory approval.

We are also announcing a number of senior management changes:

  • Julian Garrish appointed as Chairman, effective March 1st
  • Andrew Love, who is stepping down as Chairman, will remain on the Board as a non-executive director
  • Anthony Rynne appointed as Head of Casualty, effective March 1st
  • Kyle Adams joins the business from Aon Bermuda to become Head of Financial Lines Group, effective April 2nd

These changes are aligned with JLT's aims to grow its presence in key markets and strengthen its existing businesses.

Gareth Davies, currently CEO of JLT PARK, remains CEO of the rebranded business, JLT Specialty Bermuda.

Commenting on these changes, Gareth Davies said:

"I am delighted to announce the launch of JLT Specialty Bermuda. The quality of the individuals we continue to attract to JLT once again underlines the opportunity that our specialty platform offers to leading industry professionals.

"Today's announcement is aligned with JLT's strategy of building market-leading expertise in our core areas of specialty. These senior management changes will further enhance our already successful business in Bermuda and positions JLT as one of the leading players in the market."

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Notes to Editors

Enquiries:

JLT PARK Ltd. (JLT Specialty Bermuda)

Gareth Davies

Tel: 441.294.4538

Email:Gareth_Davies@jltpark.bm

Jardine Lloyd Thompson Paul Dransfield Tel: (+44) 2075 384 933/ (+44) 778 534 617 Email:paul_dransfield@jltgroup.com

About Jardine Lloyd Thompson Group plc

Jardine Lloyd Thompson is one of the world's leading providers of insurance and employee benefits related advice, brokerage and associated services. JLT's client proposition is built upon its deep specialist knowledge, client advocacy, tailored advice and service excellence.

JLT is quoted on the London Stock Exchange and owns offices in 39 territories with more than 10,000 employees. Supported by the JLT International Network, it offers risk management and employee benefit solutions in 135 countries.

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