Business Services Industry

JLT continues efforts to restructure company; London brokerage combines units, shuffles executives.(International News)(Jardine Lloyd Thompson Group P.L.C.)

Business Insurance, November, 2006 by Collins, Stuart

Byline: STUART COLLINS LONDON-Jardine Lloyd Thompson Group P.L.C. has announced further restructuring that includes the formation of a new unit through the merger of its risk solutions business with its Lloyd's of London broker, Agnew Higgins Pickering. The London-based broker placed its reinsurance broking business into a separate company, JLT Reinsurance Brokers Ltd., in January.

Earlier this month, JLT completed the sale of its property and casualty insurance and employee benefits brokerage businesses in the United States to Alliant Insurance Services Inc. In its latest move, JLT is to merge JLT Risk Solutions, which provides insurance broking services to large corporate clients, with its separately branded Lloyd's energy broking subsidiary, Agnew...

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