HOUSTON, Sept. 20, 2016 (GLOBE NEWSWIRE) -- JLT Specialty USA, a U.S. subsidiary of Jardine Lloyd Thompson Group plc. (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 appointment of Pat Hennesy as Senior Vice President.
Based in Houston, he will lead JLT’s Energy Surety Practice in the U.S. Hennesy has the capabilities to provide valuable surety advice throughout the energy industry and specific experience in the changing Bureau of Ocean Energy Management financial assurance regulatory environment.
“We are extremely pleased that Pat has joined our Energy team,” said Jim Pierce, Chairman at JLT Specialty USA. “JLT is committed to providing its clients with superior industry and product-based expertise, and Pat’s appointment is yet another validation of our dedication.”
“We are happy to announce Pat’s appointment and thrilled to welcome him to the JLT team as we continue to invest in our Energy practice,” added Pat Donnelly, President & Deputy Chief Executive Officer at JLT Specialty USA. “Pat’s experience will be a true asset to the company and our clients.”
Hennesy has over eight years of commercial surety experience serving a variety of companies within the Fortune 2000 and private company equivalent corporate clients. Most recently, Pat was responsible for management of the Oil & Gas Surety (Energy Surety) business within RLI Surety. This dedicated focus to the oil and gas industry was a national role that encompassed a broad scope of energy related surety risks both onshore and offshore utilizing an asset based underwriting methodology. In addition, Pat has experience with all facets of the surety life cycle including complex credit analysis, mergers and acquisitions, private equity involvement, private and public LBO’s, debt financed dividends, credit agreement and covenant analysis, security structure packaging, collateral agreements, and claims management.
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.
NOTES TO EDITORS:
About Jardine Lloyd Thompson
Jardine Lloyd Thompson 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 (LSE:JLT) and owns offices in 40 territories with more than 10,600 employees. Supported by the JLT International Network, it offers risk management and employee benefit solutions in 135 countries.
For further information about JLT, please visit our website www.jlt.com and follow us on LinkedIn at JLT Group and Twitter @JLTGroup.
About JLT Specialty USA
JLT Specialty USA:
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.
For further information about JLT, please visit our website www.jltus.com and follow us on LinkedIn at JLT Specialty USA and Twitter @JLTSpecialtyUSA.