Jardine Lloyd Thompson Group (JLT), one of the world's largest providers of insurance, reinsurance and employee benefits related advice, brokerage and associated services, has established JLT Re Argentina.
The new venture, to be based in Buenos Aires, will be headed by Matias Rosales who was formerly general manager of Cooper Gay Argentina. The business will work closely with JLT’s existing operations in Brazil, Chile, Peru and Colombia as well as the rest of JLT’s international network.
Matias Rosales, CEO of JLT Re Argentina, said, “The establishment of JLT Re Argentina will provide clients with a distinctive alternative, enhancing access to international markets, supported by JLT’s experience, scale and specialty skills. I am very confident that the expertise in the local team, combined with the breadth and depth of JLT Group, will allow us to make a strong impact in the local and regional market.”
CEO of Latin America for the JLT Group, Mike Methley, commented: “I am delighted to welcome Matias Rosales and the team to the JLT Group. We view Argentina as a strategically very important and dynamic economy. This new operation is another step forward in our strategy of further building our strong presence in the region and deepening our specialty capabilities. JLT Re Argentina will help drive the continued growth and momentum of JLT’s very successful Latin American operations.”