JLT Group
#Insagepeople: 05 September - 11 September 2016
Keep up to date with who is where in the world of insurance with our live updates.
Profits fall 46% for JLT
However revenue grows to £619.4m and profit drop is blamed on investment and exceptional costs.
Two high profile brokers back Vote Leave campaign
JLT's Dominic Burke and Alexander Miller's Melanie Hampton among senior financial services figures campaigning for a Brexit.
JLT predicts £34m hit at start of year
Bulk of charge comes from settlement costs in Willis court case.
JLT takes £22m hit to settle Willis legal dispute
The two brokers were due in the High Court this month in a case over a 22 person team lift.
Paul Williams to leave Thistle Insurance Services
His departure follows plans by JLT Group, the MGA's parent company, to merge Thistle with JLT Specialty.
JLT Specialty benefiting from global distribution of the group
Trading profit increased by 19% to £68.3m for JLT Specialty in 2015.
JLT Group expects organic growth for insurance business
Firm anticipates reduced group profit because of lower earnings in employee benefits business.
John Lloyd to step down as CEO of JLT Specialty
Paul Knowles will take over the role on 1 January 2016.
JLT confident on hitting organic growth targets
Broker still in the market for further acquisitions.
JLT increases revenue in first six months of 2015
Half year results reveal dip in profit margin due to US investment costs.
FCA appoints Jonathan Davidson as new director of supervision
Davidson is a member of JLT's strategic advisory group and former COO at Direct Line.
Paul Matthews exits Thistle
The CEO of Thistle, JLT’s managing general agent business, has left.
Willis and JLT agree 2016 High Court date over team defection
The broker's case includes alleged conspiracy relating to JLT taking some its staff members.
JLT Group will "defend interests vigorously" in High Court
Willis has started action against firm regarding proposed sale of one its divisions.
Willis begins legal action against JLT at the High Court
The case relates to the proposed sale of its FAJS division to Miller Insurance and involves JLT Group.
JLT takes 22 from Willis
New recruits add to specie, fine art and jewellery team.
JLT says Towergate was never in its sights
Broker not interested in consolidator despite snapping up some elements of the business.
JLT has "continued appetite for acquisitions"
Bosses say 2014 results highlight “continued momentum of the business”.
Profit and revenue growth for JLT
Group and UK arms both increase revenue for global broker despite challenging conditions.
JLT takes two from Aon for solicitors’ PI
Broker added four to team in 2014.
Thistle hires Matt Gifford as wholesale MD
Gifford previously worked as director of insurance at Elite Insurance and was a Towergate underwriter.
Biba gives evidence on Insurance Bill
Body presented its views to a House of Lords special public bill committee.
Towergate sells Hayward Aviation to JLT for £27m
Consolidator pursues strategy of selling small non-core businesses to ease problems.