11 May

Capsicum Re, the specialist reinsurance broker, is pleased to announce that Jerry Reeves and Joseph Lone will be joining its Marine & Energy specialty division, which will be led by Alistair Lockhart-Smith.

Jerry Reeves and Joseph Lone are both partners at JLT Re. Jerry Reeves has over 33 years of reinsurance experience specialising in Marine and Energy, Treaty and Facultative. Jerry began his career with Seascope Reinsurance Brokers and in 1986 joined Bradstock, Byrne & Partners as a founding member, which became the Marine and Energy reinsurance division in 1990 and was sold to JLT in 2000. He is currently Head of UK Facultative division and a member of the JLT Re Executive Committee as  Head of Marine & Energy International.

Joe will bring over a decade of experience to Capsicum Re. He began his career with JLT Risk Solutions in 2004, initially in the Claims division. Following JLT Re’s formation in 2006, Joe moved to the Marine & Energy Treaty Claims division and then to the Marine & Energy Reinsurance team in 2008. He is currently Head of Upstream Facultative Reinsurance in London.

Rupert Swallow, Chief Executive of Capsicum Re, commented: “Jerry and Joe are significant producers in the market and will accelerate the growth of our new Marine & Energy specialty division. I am delighted that they will be joining Capsicum Re and the team, to be led by Alistair Lockhart-Smith, will deliver innovative products and solutions to our customers in this class.”

For further information please contact:

Capsicum Re
Rupert Swallow +44 (0)207 234 4075

Haggie Partners
David Haggie/ Rebecca Young +44 (0)207 562 4444
david@haggie.co.uk/ Rebecca.young@haggie.co.uk