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06 May 2015
Philadelphia
Reporter Stephen Durham

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JLT Re completes executive overhaul

JLT Re has made a number of senior appointments across its North American business.

George Daddario has been appointed deputy CEO of North America Reinsurance, while Tony Marangiello has been made North America marketplace leader.

Daddario will oversee delivery of intermediary services to JLT Re’s clients and prospects in North America and will act as vice chairman of the JLT Re North America Executive Committee.

He joined Towers Perrin Re in 2003, after having worked for Tower Group, Willcox, and Intere, and currently serves on the board of the Insurance Industry Charitable Foundation.

Marangiello will be responsible for the operations of all JLT Re offices in the US.

In addition, he will continue to head up the Specialty Practice Business Development Unit and will expand relations with other JLT Group business in North America. Marangiello joined Towers Perrin Re in 1994 after having worked at Willis.

Craig Darling has been made president of JLT Re Ventures, a unit of JLT Re North America that is dedicated to finding start-up and similar business opportunities and working with JLT Capital Markets.

Prior to the acquisition of Towers Watson Re, Darling was CEO of JLT Re North America, and he led the successful effort to start up Weston Insurance Company.

He spent nearly seven years at Willis Re, eventually rising to managing director of its North American leadership team.

Before joining Willis Re Darling worked at Aon Specialty Re as well as Security Re, Chubb and Interstate Fire and Casualty Companies.

Finally, David Johnson has been appointed to the JLT Re North America Executive Committee and made co-leader of transportation practice group with his brother, Horace Johnson.

David Johnson joined Towers Watson Re in 2011, and prior to doing so he served as president and COO of Axiom Re.

Ed Hochberg, CEO of JLT Re in North America, said: “All of these appointments are testament to the hard work and commitment of these individuals who have all played a key role in the continued success of JLT Re in North America as we drive this business forward.”

“It is very important to note that all of these management functions include a substantial level of client interaction as one of our key differentiators at JLT Re is the involvement of our senior management in day to day client management and service.”

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