JLT Re appoints North America CEO

JLT Re has appointed Ed Hochberg as chief executive officer (CEO) of its North American operations.

He previously served as global head of analytics, banking and advisory at JLT Re having joined as part of the 2013 Towers Watson Re acquisition. Before joining Towers Watson in 2003, he was a senior vice president of financial products for PMA Re.

Hochberg will report to Mike Reynolds, global CEO of JLT Re. He will retain the responsibilities for his current role until a replacement is appointed which is expected to be in the near future.

Reynolds said: "Ed has been a key player in the development of our JLT Re proposition and the increased profile of JLT Re in North America. I am delighted he will now become CEO in the region and expect his dynamic leadership to support our on-going focus on expanding our North American platform.

“His extensive knowledge and experience combined with a deep understanding of the changing requirements of the reinsurance and capital markets make him the ideal person for this role. This appointment exemplifies our drive to focus on clients by building JLT Re around knowledge and insight.”

Hochberg added: "This exciting opportunity will allow me to build on my work to date at JLT Re where we have had great support from both clients and markets. All of my colleagues in North America are intent on building our reputation as market leaders; together we bring a huge amount of sector knowledge and a commitment to service excellence in line with the JLT Re client first philosophy.”

Ross Howard, executive chairman, JLT Re, said: “Ed’s appointment allows JLT Re to continue our client-focused approach to our reinsurance business in North America, as well as bringing first-hand knowledge of many of our clients in JLT Re’s other major business centres.

“As JLT Group continues to develop its business platform in North America, Ed’s appointment will no doubt illustrate the group’s commitment to this very important marketplace. We all look forward to working with Ed to provide opportunities for both our clients and our people in North America.”