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JLT Specialty Insurance Services announces addition of private equity and financial lines group

JLT Specialty Insurance Services, a US subsidiary of Jardine Lloyd Thompson Group JLT) announced several new team members who will join the Private Equity and Financial Lines Group.

This group will provide brokerage and advisory services to clients in the private equity sector as well as financial institutions, and will be based in JLT Specialty USA’s New York office.

The team of industry professionals who join the Private Equity and Financial Lines Group is comprised of professionals with substantial experience in risk management and consulting practices in the financial services industry. The individuals appointed to this team include:

Rachel Beck, Vice President;

Patti Ceglio Johnson, Vice President;

Ryan Farnsworth, Vice President; and

Charles Sternberg, Vice President.

"We are very excited to welcome Patti and Charles to the Private Equity Practice and are confident that our current and future clients will benefit greatly from their decades of experience and rich knowledge of the space," said André S. Eichenholtz, Leader of U.S. Private Equity Due Diligence and Specialty Services at JLT Specialty USA.

Prior to joining JLT Specialty USA, Rachel Beck served as a Broker on the Private Equity team at Willis. An insurance broker with significant experience in professional and management liability insurance, Beck’s focus is on insurance products for private equity & venture capital funds, as well as their publicly-traded and privately-held portfolio companies.

Beck served as Senior Underwriter at Chartis from 2009-2012 and was an Actuarial Analyst for AIG from 2006-2009. In her position at JLT, Beck will be responsible for the company’s Financial Lines brokerage. Beck holds a B.S. in Actuarial Science from Penn State University.

Patti Ceglio Johnson comes to JLT Specialty USA having most recently served as Managing Director at Krauter & Company from the inception of the firm in February 2005.

Ryan Farnsworth, an experienced insurance brokerage professional specializing in Financial Lines insurance products for public & private companies, including financial institutions, comes from Crystal & Company, where he served as Team Leader, Managing Director from 2010-2015.

Charles Sternberg is a senior risk management consultant with more than twenty years of experience, specializing in due diligence, transactional risk products and portfolio insurance programs.