JLT Re, global reinsurance broking and consultancy services provider, has appointed Matthew Carter as a Partner in its London Market & International Division, to lead structured and non-traditional reinsurance activities in the UK and Europe.
In this role Carter will likely have close contact with the insurance-linked securities (ILS) market and its ILS fund managers, with many collateralised reinsurance deals featuring in the structured and non-traditional arena, particularly around capital efficiency where the capital markets can have an edge.
Carter will lead all structured and non-traditional reinsurance across the UK and Europe as well as working alongside the JLT Re North America structured products team.
Prior to joining JLT Re, Carter was at fellow reinsurance broker Guy Carpenter, where he held the role of Senior Vice President in the Structured Products and Capital Solutions team.
Bradley Maltese, Deputy CEO, JLT Re, UK & Europe, commented on the appointment; “We are delighted Matthew is joining the team, his knowledge and experience of non-traditional reinsurance products such as multiline aggregate contracts, retrospective covers, internal retention vehicles and capital efficiency, is perfectly aligned to our focus and growing client demand in these areas. He has an excellent market reputation and is excited about the opportunity here at JLT Re as well as our ethos of putting clients’ interests first.”
Matthew Carter added; “JLT Re’s reputation continues to grow and this was an opportunity for me to make a key step in my career. It’s great to be working with a team of people who are at the front line of trends and changes that are effecting the reinsurance industry and who have a unique insight into how these forces can be harnessed to meet client needs.”