JLT Re has welcomed Graeme Harley as managing director of JLT Re Indonesia, pending regulatory approval.
In his new role, Harley will initially be based in the company’s Singapore office. He will relocate to the firm’s Jakarta office once the appointment has been officially approved.
He joins from IBS Risk, where he was a technical advisor, and has previously worked for JLT Asia in Singapore.
Kenny Moyes, CEO of JLT Re Asia, said: “Graeme Harley is a great addition to the team and has been in the industry for over 25 years where he coincidentally started his career with Jardine Insurance Brokers Group in London before transferring to Singapore, where he worked in the wholesale reinsurance broking operation of JLT Asia.”
According to JLT Re, there is an “enormous” opportunity in the reinsurance, analytics and advisory space in Indonesia given its demography and its geographical factors.
Harley said: “With the team in Singapore and the existing book of Indonesian business they have, JLT Re is well positioned to capitalise on significant future growth by being on the ground in Jakarta.”