Jardine Lloyd Thompson : Vanessa Macdonald-Smith to Lead New JLT Fac Division

JLT Re is delighted to announce the launch of a new division - JLT Fac and the appointment of Vanessa Macdonald-Smith who will lead the division.

Keith Harrison, CEO, UK & Europe, JLT Re, said, "The creation of JLT Fac is a reflection of the JLT Group's strategic investment in the Facultative space. Bringing together recognised experts from across the group as well as new expertise from across the industry. Vanessa will lead a team of 19 professionals; her appointment is a testament to JLT's ongoing focus on client's needs. Under her leadership this team creates a very exciting proposition."

JLT Fac will be focused on Property, Construction and Casualty Reinsurance. Oil & Gas onshore and offshore Fac will continue to be handled by existing dedicated teams within the JLT Group.

Commenting on the appointment and the team, Vanessa Macdonald-Smith, said, "Both myself and my new colleagues are excited about this initiative and are intent on building upon JLT's reputation and offering our clients innovative and strategic facultative solutions. The energy and enthusiasm at JLT matches my own drive and passion".

Vanessa joins from Willis Faber where she was Managing Director of the Rest of the World team and a member of Faber Executive Management team. Previous to that she also held key roles at Benfield Corporate Risk and Alexander Forbes (now Lockton Group).

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JLT Re

Isabella Gaster | Tel: (+44) 20 7558 3387/ (+44) 7920 586 032 |Isabella.Gaster@JLTRe.com

JLT Fac is a new division of JLT Re focused on Property, Construction and Casualty Reinsurance.

JLT Re's trusted team of 700 colleagues worldwide combines market leading expertise and proprietary analytical tools with the freedom to challenge conventions. Deep specialist knowledge and extensive experience of both the reinsurance market and clients' own industries and sectors enables JLT Re to ask smarter questions, innovate and deliver better results tailored to meet client needs. JLT Re is part of the Jardine Lloyd Thompson Group plc.www.JLTRe.com

JLT is one of the world's leading providers of insurance, reinsurance 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 40 territories with more than 10600 employees. Supported by the JLT International Network, it offers risk management and employee benefit solutions in 135 countries.www.JLT.com