Marsh unveils Marsh-JLT Specialty plans

Lucy Clarke, Global CEO of JLT Specialty

Marsh has revealed plans to combine the specialty teams of Marsh and Jardine Lloyd Thompson Group (JLT) to create Marsh-JLT Specialty.

The unit will be a new specialty business within Marsh once regulatory approval for the takeover is completed.

Parent firm Marsh & McLennan Companies (MMC) signed up in September to buy JLT for $5.6bn (£4.3bn).

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The deal, which still needs regulatory and antitrust approval, was given the thumbs up by JLT’s shareholders earlier this month and is

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