Hochberg who has held the role of CEO of North America at JLT Re since March 2015 - will become head of the Global Capital Solutions practice following the completion of JLT’s acquisition by Guy Carpenter’s parent company MMC.
Global Capital Solutions Group will ultimately be led by vice chairman of Guy Carpenter, David Priebe.
The new practice will be made up of two existing components - Global Capital Solutions and GC Securities, with the latter continuing to be led Shiv Kumar – the president of GC Securities.
Kumar will be responsible for the insurance-linked securities and M&A practices.
As well as the new business unit Guy Carpenter has made a wave of appointments across its business units.
Keith Harrison, CEO of UK & Europe at JLT Re, will become head of London North America for GC following the takeover.
In this role Guy Carpenter said he will lead the London division of GC’s North America business, reporting to Tim Gardner, CEO of GC North America – who will retain his role.
Harrison will also lead the formation of a new London-based operation which the broking house said would source business non-affiliated with Guy Carpenter, which will be overseen by Peter Hearn, president and CEO of Guy Carpenter.
Guy Carpenter said Harrison will be responsible for new business production, client management, and delivering advisory, growth and placement expertise, as well as access to the London market for North American clients.
John Trace, president of GC US, will continue in their leadership roles.
Simon Keeley, head of London North America for GC, and Mark Higgins, head of London North America for JLT Re, will both report to Harrison.
James Nash will continue as CEO of Guy Carpenter International.