Global reinsurance broker and advisory JLT Re has promoted Nick Dranchak to Head of Strategic Advisory for the Americas, a role that will seem him lead delivery of strategic advisory services across the U.S., Canada and throughout Central and South America.
Dranchak joined JLT Re’s Strategic Advisory team in 2014 and most recently held a Vice President position at the firm. His re/insurance experience covers corporate strategy, capital markets, and ratings advisory experience across the industry. Before joining JLT Re, Dranchak spent six years as a Senior Financial Analyst with rating agency A.M. Best.
In the new role Dranchak will lead the delivery of JLT Re’s strategic advisory services, including its ratings advisory, strategic analytics and franchise value advisory.
Dranchak will remain based in Philadelphia and will report to Mark Shumway, Global Head of Strategic Advisory.
David Flandro, Global Head of Analytics for JLT Re, commented on the promotion; “This appointment further strengthens JLT Re’s Strategic Advisory function and reinforces the firm’s position as the most innovative advisory services provider in the sector.”