6th March, 2014, London: Jardine Lloyd Thompson Group plc (JLT), one of the world's largest providers of insurance, reinsurance and employee benefits related advice, brokerage and associated services, is today pleased to announce the establishment of JLT Re Argentina (JLT Re Argentina Corredores de Reaseguros S.A.).

The new venture, to be based in Buenos Aires, will be headed by Matias Rosales who was formerly General Manager of Cooper Gay Argentina.  The business will work closely with JLT's existing operations in Brazil, Chile, Peru and Colombia as well as the rest of JLT's international network, to bring JLT's distinctive specialty-led skills and innovative solutions to some of the largest and most exciting companies in ArgentinaHaving previously been at Willis North America, Embry has extensive experience in complex alternative risk management self-insurance pools, coordinating and negotiating terms and developing and deploying custom underwriting platforms. Embry will play an integral role in the growth of the JLT Towers Re Public Entity Practice with her attention focused on Account Management and New Business Development.

Commenting on the announcement, Matias Rosales, CEO of JLT Re Argentina, said,

"The establishment of JLT Re Argentina will provide clients with a distinctive alternative, enhancing access to international markets, supported by JLT's experience, scale and specialty skills. I am very confident that the expertise in the local team, combined with the breadth and depth of JLT Group, will allow us to make a strong impact in the local and regional market".

Mike Methley, CEO Latin America for the JLT Group, said,

"I am delighted to welcome Matias Rosales and the team to the JLT Group. We view Argentina as a strategically very important and dynamic economy.  This new operation is another step forward in our strategy of further building our strong presence in the region and deepening our specialty capabilities.  JLT Re Argentina will help drive the continued growth and momentum of JLT's very successful Latin American operations."

Enquiries:

Jardine Lloyd Thompson
Isabella Young
Tel: 020 7528 4444
Email: Isabella.Young@JLTTowersre.com

Editor's Notes:

About Jardine Lloyd Thompson Group plc

Jardine Lloyd Thompson is one of the world's largest 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 some 9,000 employees. Supported by the JLT International Network, it offers risk management and employee benefit solutions in 135 countries.

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