JLT Specialty, a division of global insurance and reinsurance broker JLT Group, has appointed Nigel Somerville as Head of Risk Consulting for Europe.
Somerville will be tasked with driving JLT Specialty’s value proposition in risk advisory and consultancy areas across Europe, and will work closely with JLT’s global consulting leadership to ensure clients continue to have access to the company’s resources and expertise.
He joins JLT Specialty from Time Inc. (UK), where he most recently served as Director of Global Risk and Security, before which he held senior risk and security roles at business management consultant Source8, and at the UK Ministry of Defence.
Somerville has experience identifying risk exposure and providing mitigation strategies for FTSE 250 companies establishing operations in emerging markets, and has also spent 17 years in the Royal Marines with exposure to global terrorism, war and political risk.
Mike Giacobbe, Global Head of Data, Analytics, and Consulting of JLT Specialty, said: “We are excited to have Nigel’s expertise as we continue growing our global consulting footprint and bringing our industry leading risk advisory services to all of our clients.
“Clients in challenging risk areas will immediately benefit from his extensive experience in emerging risk and we look forward to the unique insight he brings to JLT.”
Paul Knowles, Chief Executive Officer (CEO) of JLT Specialty, Europe, also commented: “Nigel’s experience and leadership will considerably assist JLT Specialty in delivering insight to our clients, through assessing, quantifying, mitigating and managing their ever-complex risk landscapes.
“Nigel’s appointment further strengthens JLT’s consulting capabilities and supports us in our mission to become to the leading global specialist risk adviser and broker.”
Somerville added: “I am honoured and excited to be joining JLT at a time when emerging risks to business are so prevalent and challenging. I am proud to be part of such a client-centric team and look forward to working with talented colleagues across the JLT Group.”