2001 January – Restructure: Risk & Insurance and Employee Benefits

From 1st January 2001, JLT reorganised its activities into two new Business Groups, Risk and Insurance and Employee Benefits.

Risk and Insurance Group brought together our Risk Solutions, Corporate Risks and Local Government activities throughout the world. The rationale behind the bringing together of the various operations within the new Risk and Insurance Group was that it brought together similar entities which had many common goals and objectives. It also better reflected our main lines of business and provided a simpler structure for both employees and clients to understand.

Employee Benefits Group consists of our pension administration, outsourcing, employee benefits, consultancy and US Group Marketing activities. These businesses grew substantially following the acquisition of Burke Ford and Abbey National Benefit Consultants in 2000. This sector has substantial potential for future growth in an expanding market place.