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Marsh unveils Marsh-JLT Specialty plans

Lucy Clarke, Global CEO of JLT Specialty
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Lucy Clarke to be president of new combined unit when takeover completes.

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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