JLT Specialty has created a new crisis management team in its credit, political and security risk division. Paul Bassett will lead the team.
Steven Dalchow will support Bassett on the political violence/terrorism business and lead the portfolio management practice.
Corina Monaghan has been appointed to lead broking activities for North America and Justin Priestly will manage the consultancy team. Chris Holt will be responsible for security analysis and consulting activity.
Stephen Hudson also joins the team, working as the security and engineering specialist.
The new team will work with JLT’s risk modelling tool, Sunstone, which allows clients to identify and manage political violence and terrorism exposures.
Sunstone compliments JLT’s current political risk modelling tool, the World Risk Review. The tool rates nine unique political, economic and security risks for 198 countries and territories.
“The creation of the new crisis management team will bolster our credentials and we are excited by the influx of such experienced risk practitioners joining our division,” said Nick Robson, head of JLT’s credit political and security risk.
The new team joins the division following JLT’s acquisition of Towers Watson’s reinsurance brokerage business.
