Latest March JLT Headlines
All the headlines from our March JLT Topic Page, ordered by recency.
Marsh JLT Specialty Aviation Hires 4 Execs from Aon, Global Aerospace and Swiss Re
Oct 9 2019 // Marsh, the insurance broker and risk adviser, announced four senior appointments to Marsh JLT Specialty’s Aviation Practice in London and New York. In London, Tony Ambrose and Martyn Holland are set to join as...
CAC Specialty Names Former Aon, JLT Specialty Executive Rice as CEO
Sep 23 2019 // Newly-launched specialty insurance broker CAC Specialty announced the appointment of Michael D. Rice II as its chief executive officer. Rice brings years of experience in the brokerage industry. Most recently, he served as...
Marsh Taps AIG’s Manson, Aon’s Mills for U.K. Mgmt Liability, Wholesale Placement Roles
Sep 17 2019 // Marsh, the insurance broker and risk adviser, announced the appointments of Stephanie Pestorich Manson as chief client officer for Management Liability and head of Directors’ & Officers’ (D&O) Product...
Marsh Appoints Smith as Chairman and CEO of UK Aviation Practice
Sep 10 2019 // Marsh announced the appointment of Andy Smith as chairman and CEO of its UK Aviation Practice, within Marsh JLT Specialty. Smith is based in London and reports to Paul Moody, UK CEO, Marsh JLT Specialty, and Simon Harker,...
JLT’s Adams Joins Everest Insurance to Lead Its Bermuda Operation
Aug 20 2019 // Everest Insurance said Kyle Adams has joined to lead the its Bermuda operations. In this role, Adams will focus on establishing and growing Everest’s Bermuda Insurance operations. Adams comes to Everest with 20 years...
Cobbs Allen in Alabama Adds JLT’s Payne to New Specialty Platform Team
Aug 8 2019 // Birmingham, Ala.-based Cobbs Allen is continuing its expansion of its insurance brokerage team with the addition of David Payne. Payne will join the leadership team that is building a national specialty platform focused on...
Aon Hires 2 Former Co-Heads of JLT’s Insurance-Linked Securities Unit
Jun 11 2019 // Aon Securities, the insurance-linked securities unit of Aon, announced it has hired Michael Popkin and Rick Miller, the former co-heads of JLT Capital Markets. Miller and Popkin start their new roles with immediate effect,...
Gallagher Finalizes Acquisition of JLT’s Global Aerospace Operations
Jun 3 2019 // Arthur J. Gallagher, the Rolling Meadows, Ill.-based insurance broker, confirmed the previously announced acquisition of Jardine Lloyd Thompson Group plc’s (JLT) global aerospace operations was completed on June 1,...
Judge Restrains 3 Former Guy Carpenter Execs Who Moved to Lockton Global Re
May 31 2019 // A federal judge in New York has granted reinsurance broker Guy Carpenter’s request for a temporary restraining order against three former executives who moved to competitor Lockton in March. The TRO blocks the three...
Marsh/JLT Suit Against Competitor NFP Alleges Poaching of 13 Employees
May 10 2019 // Jardine Lloyd Thompson Specialty Insurance Service (JLT), which became a subsidiary of Marsh & McLennan on April 1, is suing a competitor insurance brokerage for allegedly poaching 13 former JLT employees. JLT is also...
Guy Carpenter Names Senior Reinsurance Leadership Team to Further Integrate JLT Re
May 9 2019 // Guy Carpenter & Co., the global risk and reinsurance specialist and a wholly owned subsidiary of Marsh & McLennan Cos., announced a series of international leadership appointments to facilitate the integration of...
JLT Re’s Chandler Joins Reinsurance Broker BMS as U.S. Operations President
May 6 2019 // Reinsurance broker BMS Group has named Pete Chandler as president of its U.S. reinsurance operations. Chandler joins from JLT Re, where he was deputy CEO of the U.S. reinsurance broking arm of the group. He joined JLT Re...
Marsh, Guy Carpenter and JLT to Merge Latin America Facultative Reinsurance Units
Apr 23 2019 // Marsh and Guy Carpenter, both wholly owned subsidiaries of Marsh & McLennan Cos. (MMC), announced that, subject to regulatory approvals, they would combine their Latin American facultative reinsurance operations with...
Business Moves
Apr 15 2019 // National NSM, Embrace Pet Insurance Program specialist NSM Insurance Group has acquired Embrace Pet Insurance, a Cleveland-based national provider of pet health insurance for dogs and cats. Embrace offers an accident and...
UK Broker Price Forbes Taps Hewett from JLT as Leader of Sharing Economy Practice
Apr 2 2019 // Price Forbes, a London-based broker, has appointed Emma Hewett as leader of its Sharing Economy practice. Price Forbes said its Sharing Economy practice was one of the first established broking teams to specialize in...
Marsh & McLennan Completes $5.6 Billion Acquisition of Jardine Lloyd Thompson
Apr 1 2019 // Marsh & McLennan Cos. (MMC) completed its $5.6 billion acquisition of Jardine Lloyd Thompson Group plc (JLT). “Today marks the beginning of a new era with Marsh & McLennan and JLT coming together. This is a...
Marsh & McLennan Clears Final Regulatory Hurdle to Close on Buying JLT on April 1
Mar 25 2019 // Marsh & McLennan Cos. (MMC) announced on Friday, March 22 that the European Commission has approved its $5.6 billion acquisition of Jardine Lloyd Thompson Group plc. All regulatory and competition authority approvals...
Lockton Hires Corrigan from JLT as Asia Chief Operations Officer
Mar 7 2019 // Lockton has hired Philip Corrigan to the role of regional chief operations officer as it looks to expand its business and expertise across the Asia-Pacific (APAC) region. Corrigan will join a fast-growing team in the APAC...
Marsh, Jardine Lloyd Thompson Agree to Sell JLT’s Aerospace Unit to Gallagher
Mar 4 2019 // Marsh & McLennan Cos. (MMC) and Jardine Lloyd Thompson (JLT) have entered into an agreement to sell JLT’s aerospace business to Arthur J. Gallagher. The agreement provides for the acquisition of all assets within...
Big deals
Feb 4 2019 // Marsh/JLT, Brown & Brown/Hays Topped 2018 P/C Agency Mergers A handful of big deals dominated the very busy property/casualty insurance agency and broker merger news cycle for 2018. Based on Insurance Journal...
