JLT Specialty Insurance Services Inc. Announces Appointment of Mark Flippen as Senior Vice President

JLT Specialty Insurance Services Inc. (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 Mark Flippen as Senior Vice President.

Flippen brings to JLT Specialty USA more than 15 years of Financial Institution industry experience and specializes in management and professional liability insurance in both public and private companies. Flippen’s specialty lines include: directors and officers liability, errors and omissions, bankers professional liability, network security and privacy liability (cyber), employment practices liability, fiduciary liability, FI bond/fidelity (crime), and specialty financial lines including mortgage impairment and lender placed insurance. In this role, Flippen will be instrumental in expanding JLT Specialty’s financial lines business in the U.S.

“The announcement of Mark’s appointment is incredibly exciting,” said Mike Rice, Chief Executive Officer of JLT Specialty USA. “Mark is a phenomenal sales leader and has a proven background in building business and working with financial institutions with complex E&O based risk profiles. Due to his leadership, expertise and ability to effectively build portfolios, I know that Mark will be a true asset to the company and our clients.”

Flippen comes to JLT Specialty USA from Marsh where he served in several roles including his most recent position on the executive leadership team as Sales Leader for the Carolinas. In this position, Flippen managed and built P&C operations in the region and served as growth leader, managing a sales and distribution team. Flippen also served in a similar role at Marsh as Sales Leader for the New York Metro area where he helped build revenues in financial lines.

Prior to working at Marsh, Flippen held positions at Wells Fargo Insurance Services in the Professional Risk Group and at Willis in the Executive Risk Group. Flippen also holds a Bachelor of Arts in Business Communications degree from the University of Colorado, Boulder.

“Mark is the latest talent that comes to JLT Specialty with unparalleled thinking that creates the best Specialty solutions for the clients that he will serve,” said David Payne, Executive Vice President and Chief Revenue Officer of JLT Specialty USA.

This important leadership announcement comes as JLT continues its strategy in expanding its USA capabilities around key specialty areas of Energy, Technology, Construction, Financial Lines, Credit, Political & Security and Aerospace.

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] or visit www.jlt.com

About JLT Specialty Insurance Services Inc.

JLT Specialty Insurance Services Inc. 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.

About Jardine Lloyd Thompson Group plc.

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 and owns offices in 39 territories with more than 10,000 employees. Supported by the JLT International Network, it offers risk management and employee benefit solutions in 140 countries.www.JLTGroup.com

Note to Editors:

This announcement may contain "forward looking statements" regarding the financial position, business strategy or plans for future operations of the Group. By their nature, forward looking statements involve risk and uncertainty, relating to facts that are beyond the company's ability to control, such as future market conditions. Any such statements in this announcement speak only as at the date of this announcement. The company does not assume any obligation to, and does not intend to, revise or update these forward looking statements except as required pursuant to applicable law.

Burson-MarstellerJulia Friedman, [e-mail] Specialty Insurance Services Inc.Ashely Deal, [e-mail]