Jardine Lloyd Thompson Group plc establish JLT Holdings Japan
Jardine Lloyd Thompson Group plc establish JLT Holdings Japan to better respond to the risk management needs of Japanese companies expanding overseas
2nd March 2011, Japan: Through an equity transfer arrangement, the JLT Group have established JLT Holdings Japan. Under the new holding company structure, insurance agency operations will be conducted by JLT Risk Services Japan (formerly Jardine Lloyd Thompson Limited), while JLT Japan (formerly JLT Re Japan) will conduct the insurance and reinsurance broking businesses. The goals of the new structure are to ensure greater responsiveness to client needs as well as to facilitate the independent operations of each business unit.
Under the new structure, JLT Risk Services Japan will draw on 26 years of experience to provide risk management advice and insurance agency services, while JLT Japan provides insurance broking solutions on domestic and overseas insurance programmes, and reinsurance broking services. They will also harness the JLT Group's strengths in overseas markets to serve Japanese companies abroad. In addition to its ability to provide market-leading and cost-effective solutions on local, regional and global insurance programmes, the JLT Group offers key capabilities in the fields of construction, power, infrastructure, manufacturing, real estate and aviation.
The JLT Group is headquartered in the United Kingdom and is one of the world's largest risk specialists and employee benefits consultants. The JLT Group arranges domestic, regional and global insurance programs across a complete range of products including marine cargo, liability, property, and business interruption insurance, optimising coverage, lowering related administrative costs and premiums to optimise corporate risk management expenses.
JLT Holdings Japan will draw on the Group's comprehensive capabilities in providing risk management services, leveraging the JLT Group's network across 130 countries, to deliver seamless and attentive insurance services and expert advice. It will thus help to safeguard Japanese companies from diverse risks and assist them to operate globally.
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Enquiries:
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Masato Ata Email: Masato_Ata@jltasia.com |
K. Dorai Raja Email: Dorai_Krishnan@jltasia.com |
Notes to Editor:
Jardine Lloyd Thompson Group plc
Jardine Lloyd Thompson Group plc (JLT) is an international group of risk specialists and employee benefits consultants and one of the largest companies of its type in the world. JLT offers a distinctive choice to clients and partners through our combination of independence, scale and specialism.
JLT is quoted on the London Stock Exchange and employs over 6200 people worldwide and through the JLT International Network provides services in more than 130 countries.
More information: http://www.jltgroup.com/
JLT Asia
Jardine Lloyd Thompson (JLT) Asia is a market leader in insurance and reinsurance broking, risk management consultancy and employee benefits services.
Our operations in Asia date back to 1836. Today, JLT Asia is one of the most experienced brokers in Asia, with over 700 staff in 12 locations - China, Hong Kong, Indonesia, Japan, Korea, Malaysia, Macau, Philippines, Singapore, Taiwan, Thailand and Vietnam.
Our specialists are renowned for their innovative approach to developing integrated insurance, reinsurance and alternative risk transfer solutions.
Integrity is a hallmark of the JLT organisation. Our quality and compliance regimes are among the most thorough in the industry.
More information: http://www.jltasia.com
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