New JLT Investment Management Cost & Volatility Analysis Model is Unprecedented in the Industry

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, today launches its proprietary Investment Management Cost & Volatility Analysis (CVA) Model developed by JLT’s Analytics and Consulting Practice to help asset managers precisely select D&O / E&O insurance limits.

Traditional methods of assessing insurance needs are inadequate, and go against the data-driven nature of investment managers.  For the first time, JLT’s CVA model allows their experienced brokerage and claims teams to identify a firm’s true risks and exposures, and not someone else’s. As a result, Investment Managers can now compare different insurance programs to determine which is superior at protecting against volatile events and on an average costs basis.

JLT’s pioneering new model provides insight into where recently paid D&O/E&O claims have come from and where they may go given increasing regulatory scrutiny and litigation. The model is unprecedented in the industry because it is the only model built on actual claims and loss history from nearly 10,000 investment management D&O/E&O policies. Five leading investment management D&O/E&O insurance carriers provided data to support model construction, which goes back to 2009.

“We are pleased to offer this unique investment manager CVA model, which quantifies the specific D&O/E&O risks that are relevant to the investment manager community,” said Mike Giacobbe, Head of JLT’s Analytics and Consulting practice.  “By partnering with markets and leveraging our specialist expertise, we have developed the first tool of its kind based on data and experience to accurately evaluate the appropriate limits and retentions for our clients in this space.”

“We are pleased to bring this new modelling tool to the investment management industry because for the first time our clients can utilize similar data and analytics to drive purchasing decisions.  We help our clients construct D&O/E&O insurance solutions that are more appropriate for their firm’s risks and exposures rather than just relying on peer benchmarking data,” added Ryan Farnsworth, Vice President at JLT Specialty USA.

Click here for further information on JLT’s Investment Management Cost & Volatility Analysis (CVA) Model 

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, [e-mail].

About Jardine Lloyd ThompsonJardine 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 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 USAJLT 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

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