15th January, 2013, London: JLT Specialty Limited (JLT) is pleased to announce that Penny Jepson will be joining to manage JLT's new Residential Real Estate offering. JLT is one of the leading players within the UK commercial real estate sector and this hire continues to build upon JLT's experience and expertise.

Nigel Todd, Head of the Real Estate Practice at JLT said:

"Penny is recognised as one of the leading players in the Residential Real Estate Insurance market and we are delighted to welcome her on board. By launching a specific UK Residential Real Estate Practice, JLT can focus our product offering to such a specific and key part of the Real Estate Sector, enhancing and improving upon the current level of services available."

"Whilst the UK residential property market remains challenging in many areas, there is clearly a great opportunity and demand for a specialist team servicing the UK market that can combine the experience from commercial insurance policies as well as the ability to leverage pricing."

Penny has extensive industry experience and was most recently Head of Business at Deacon. The new team will be made up from 3 people from the London Real Estate Division combined with a number of new hires and will be based in Bournemouth with a focus on residential management companies and managing agents throughout the UK.

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Enquiries

JLT Group Corporate Communications
Isabella Young
Email Isabella
+44 (0)20 7558 3387

Editor's Notes: JLT Specialty Limited

JLT Specialty Limited (JLT) is a specialist insurance broker and risk consultant providing market leading industry knowledge and expertise in specialist fields to some of the world's largest companies.

JLT is part of the Jardine Lloyd Thompson Group of companies, a leading risk management adviser, insurance and reinsurance broker and a major provider of employee benefits administration services and related consultancy advice.

Jardine Lloyd Thompson Group plc is quoted on the London Stock Exchange and employs over 7000 people worldwide and through the JLT International Network provides services in more than 130 countries.

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