NEW YORK and LOS ANGELES, Aug. 10, 2016 (GLOBE NEWSWIRE) -- JLT Specialty USA, a U.S. subsidiary of Jardine Lloyd Thompson Group plc. (LSE:JLT), one of the world’s leading specialty-focused providers of insurance, reinsurance and employee benefits related advice, brokerage and associated services, is pleased to announce the appointments of two new team members to its Mergers & Acquisitions Group.
This group is a dedicated team of experts in the fields of fund manager liability, transactional risk solutions, risk and insurance due diligence and portfolio risk management.
The individuals appointed to this team include the following:
- Howard Rimerman, Senior Vice President – New York
- Steven Smith, Vice President – Los Angeles
The appointments are part of JLT’s continued investment in its Mergers & Acquisitions Group to build the strongest team in the U.S.
“We are excited to welcome both Howard and Steven to the JLT team,” said David Payne, Executive Vice President and Chief Revenue Officer at JLT Specialty USA. “We are dedicated to bringing the best talent on board, and their experience will add tremendous value to our team and our clients.
“We look forward to leveraging Howard’s and Steven’s experience, as we continue to deliver outstanding service to our clients,” added Robert Robideaux, Mergers & Acquisitions Group Sales Leader at JLT Specialty USA.
Howard Rimerman is based in New York and brings to JLT Specialty USA more than thirty years of experience as a commercial banker, investment banker and private equity investor. In his role, Rimerman will bring real world deal experience to assist JLT’s corporate and private equity clients solve complex risk issues. Prior to JLT, Rimerman worked in commercial banking, investment banking and private equity and has several billion dollars of transactional experience. Starting his career in commercial banking at Bank of America, he later transitioned into investment banking at Donaldson, Lufkin & Jenrette and Credit Suisse which eventually led him into the private equity sector where he spent time at Equinox Group in Singapore, Trio Investors and Quilvest Private Equity in NYC. Rimerman holds a BA in Economics from UCLA and an MBA from Harvard Business School.
Steven Smith is based in Los Angeles where he will be an essential part of the Mergers & Acquisitions Group West coast strategy. He brings to JLT Specialty USA more than eight years of experience in the insurance brokerage industry, serving a broad network of private equity clients. Smith joins JLT from Marsh & McLennan where he served as Vice President of their Private Equity and M&A services.
JLT encourages any potential applicants interested in rapidly developing their careers and becoming part of its U.S. Specialty team to contact Sue Corney at 518-782-3143, sue.corney@jltholdings.com.
About JLT (JLT.L)
JLT Specialty USA is the U.S. platform of the leading specialty business advisory firm, Jardine Lloyd Thompson Group. Our experts have deep industry and product experience serving leading U.S. and global firms. Our key to client success is our freedom to be creative, collaborative, and analytical while challenging conventions, redefining problems, creating new analytical insights, and exploring new boundaries to deliver solutions for each client’s unique business and risks.
JLT is one of the world's leading providers of insurance, reinsurance and employee benefits related advice, brokerage and associated services. We are specialists. Our deep expertise and entrepreneurial culture give us the insights, creative freedom and tenacity to go beyond the routine and deliver better results for our clients. Because at JLT, clients come first. JLT owns offices in 40 territories and has more than 10,000 colleagues. Supported by the JLT International Network, we service clients in over 135 countries.
For further information about JLT, please visit our website www.jltus.com and follow us on LinkedIn at JLT Specialty USA and Twitter @JLTSpecialtyUSA