JLT Specialty USA, a U.S. subsidiary of Jardine Lloyd Thompson Group plc (JLT), the global specialist risk advisor and broker, has chosen Chicago as its U.S headquarters.
The company said it has seen impressive growth over the last three years and that Chicago has been a critical part of that growth and expansion. JLT Specialty USA will continue its investment in the city as the Chicago location is expected to become its flagship office and largest location in the U.S, according to the company’s announcement.
Chicago Mayor Rahm Emanuel joined the company in announcing the move. In a statement, Emanuel commented that JLT Specialty “chose Chicago because of the talent pool, infrastructure and stability our great city offers.” The company’s “American headquarters will be a strong addition to Chicago’s business community, and we look forward to their continued long-term investment and job creation in Chicago,” he said.
CEO Michael Rice said JLT Specialty USA envisions making long term investments in Chicago. “We continue to see value in making long term investments here,” he said.
The Chicago office is located at 225 West Wacker on the 5th Floor and is occupied by several JLT executives and approximately 60 specialists across key product and industries. The company plans to double the size of its workforce in Chicago over the next few years.
Source: Jardine Lloyd Thompson (JLT)