28 May 2014News

JLT Towers build global capabilities with strategic advisory hire

JLT Towers Re has announced the appointment of David Flandro as global head of strategic advisory.

Flandro will be based in JLT Towers Re’s New York office and is expected to start mid-year.

Prior to joining JLT Towers Re David was global head of business intelligence for Guy Carpenter where he led efforts on corporate strategy, international rating advisory, market entry, capital structure, credit risk advisory and many other specialized issues.

Previous to this David was part of the Benfield research team and is a regular presenter at industry events and commentator in industry publications. David's wide-ranging sector and client research is well known and regarded throughout the industry.

Ed Hochberg, executive vice president - global head of analytics, banking and advisory, JLT Towers Re, says, "This new and important role at JLT Towers Re will focus on our new business strategy, ERM and strategic/financial consulting. David's proven track record and personal drive make him an excellent fit for JLT Towers Re and we are very excited to be welcoming him to our growing team.”

Commenting on his appointment, Flandro says, "While there has been continued consolidation in the reinsurance brokers market for a number of years, the creation of JLT Towers Re offers the industry a real alternative and for me a very exciting prospect. I see this as an excellent opportunity to build on my experience and expertise working with the some of the industry’s leading talent as part of a new and formidable platform".