Jardine Lloyd Thompson News

JLT Australia Buys Recovre, a Provider of Workplace Health & Safety Services

JLT Australia, a subsidiary of Jardine Lloyd Thompson Group plc, announced it has agreed to acquire 100 percent of the shares of Recovre Group from Hawkesbridge Capital. Recovre is a leading national provider of workplace health & safety and rehabilitation …

JLT Rebrands Bermuda Unit; Senior Management Changes Announced

Jardine Lloyd Thompson Group plc announced that JLT PARK will be rebranded as JLT Specialty Bermuda. This change became effective on March 1, 2015, subject to regulatory approval. JLT also is announcing a number of senior management changes for its …

Ardian Agrees to Buy JLT’s Stake in Siaci St Honoré

Jardine Lloyd Thompson Group plc announced that Ardian has agreed to buy JLT’s 26.2 percent stake in Milestone, the holding company of Siaci St Honoré, JLT’s French associate. This offer extends to all shareholders, JLT said. The transaction will be …

Jardine Lloyd Thompson Announces Senior Employee Benefit Appointments

London-based Jardine Lloyd Thompson Group plc announced several senior management appointments within its UK Employee Benefits business and JLT Asia. These appointments are subject to obtaining the appropriate regulatory approvals, where required. Mark Wood is retiring from his role as the CEO …

JLT Group Expands U.S. Specialty Reach, Merges JLT Specialty, Lloyd & Partners

Jardine Lloyd Thompson Group plc (JLT) a global providers of insurance, reinsurance and employee benefits related advice, brokerage and associated services, has expanded its U.S. specialty capabilities and merged JLT Specialty Ltd. and Lloyd & Partners Ltd. to drive a …

JLT Says Worst Rate Slump since 2001 Leading Insurers to ‘Naive’ Risk Taking

Jardine Lloyd Thompson Group Plc’s Dominic Burke said the worst slump in prices for insurance policies since Sept. 11, 2001 has led some insurers to take on too much risk to win business. Burke, the chief executive officer of the …

JLT Acquires Hong Kong-based Lambert Brothers Holdings

Jardine Lloyd Thompson Group announced that its Asia business has acquired Hong Kong-based Lambert Brothers Holdings Limited (LBH). The bulletin noted that “LBH has been an independent insurance and employee benefits broker since leaving the Heath Lambert Group in 2007 …

JLT to Acquire Towers Watson Reinsurance Brokerage Unit, Expand Into U.S.

UK-based broker Jardine Lloyd Thompson Group plc (JLT) said it is acquiring the reinsurance brokerage business of New York-based Towers Watson for $250 million. JLT said the acquisition would provide “a very strong reinsurance platform” in the key North American …

JLT in Tie-up with Spanish Commercial Broker Unipsa

The UK-based Jardine Lloyd Thompson Group plc announced that it will combine its existing Spanish retail brokerage  business, JLT-SIACI Espana S.L., with the business of March – Unipsa Correduria de Seguros, S.A.U., the fourth largest commercial insurance broker in Spain …