9 March 2016USA analysis

JLT Facilities partners with JLT Towner Captive Management

JLT Facilities is partnering with JLT Towner Insurance Management's captive programme expertise to offer new solutions.

JLT Facilities develops insurance programmes on an open brokerage basis to licensed insurance professionals in all states. Its programmes are developed with the industry’s most secure insurance carriers and reinsurers. The firm, with 25 years of experience, combines traditional programme underwriting and processing skills with reinsurance expertise designed for group and single captive business.

“JLT Towner has been growing its group captive and pooling business, so our relationship with JLT Facilities comes at the right time in our company’s growth,” said Guy Ragosta, chief executive officer (CEO) and partner of JLT Towner.

He added: “JLT Facilities’ executive team is one of the more experienced in the industry, and the firm has a long history of meeting the needs of producers with a variety of risk financing solutions. We’re excited about our partnership.”

John Conroy, CEO, JLT Facilities, said: “We specialise in helping producers who need insurance solutions not readily available in the market. We create fully insured and partially self‐insured programs for different risks, and we work with only the best carriers in the industry – including the top specialty insurers.

“We will design programs that also include reinsurance and captive insurance.  Because our programme underwriting is very focused and efficient, it brings profitability to the carrier side and competitive pricing to the broker and insured.”

Conroy added: “We have multiple solutions to fit varied risk challenges, whatever they might be.”