Business Services Industry
6. Jardine Lloyd Thompson Group P.L.C.(Spotlight: 35th Annual Broker Profiles)
Business Insurance, July, 2006 by Veysey, Sarah
Byline: Sarah Veysey It has been a year of change and challenges for Jardine Lloyd Thompson Group P.L.C. The London-based brokerage appointed a new group chief executive officer in December 2005, replaced the management of its Risk Solutions unit after the previous head resigned, set up a new reinsurance arm and launched an ongoing operational review, among other things.
In addition, the brokerage says it is operating in an increasingly competitive market in the wake of changes wrought by the investigations into brokerage industry practices by prosecutors in various U.S. states. JLT also has been the subject of market speculation about its future, with its name being linked with several other companies in the past few months. Earlier this month, JLT...
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