14th May 2013, London: Jardine Lloyd Thompson has acquired PT GESA Assistance (GESA) and PT Global Asistensi Manajemen Indonesia (GAMI). Both businesses are highly regarded and successful healthcare management and third party administration service providers in Indonesia. Together, GESA and GAMI employ 300 staff and have a network of 1,000 healthcare providers. This development will help JLT assume a leading position in the Indonesian market, with over 750,000 lives administered.
The combination of these businesses with our existing capabilities - through PT Jardine Lloyd Thompson - firmly establishes JLT as a leading provider of employee benefits services in the Indonesian market. Our capabilities include the provision of risk and claims management services to self-insured corporate groups and insurance company partners. This development further expands JLT's growing presence in Indonesia, which is the fourth largest market in the world and one of the world's fastest growing economies.
Both GESA and GAMI have well recognised names and enjoy strong positions in the Indonesian market. Whilst each business retains its individual trading name, they will be supported by JLT in their further development, including investing in technology and operations. Each business will also benefit from access to the JLT International network and from being part of the JLT Group given its financial strength, strong market position and track record of delivering growth. The combined business - PT JLT GESA - will be led by Ramly Hassan as CEO, who was previously President & CEO of GESA.
Ramly Hassan said: "There are significant opportunities to support the growing healthcare market in Indonesia, and to ensure that access to care is well managed and affordable, whether provided via employer programmes or via insurance policies. This exciting development will enable JLT to deliver first class service, expand the products and services it provides and grow to become a leader in this fast growing business sector."
Duncan Howorth, CEO of JLT Asia, said: "PT JLT GESA brings to its clients a holistic service proposition that integrates healthcare management, wellness, and insurance protection. It is our intention to be the benchmark for healthcare management in Indonesia, through superior client service, a broad suite of product propositions and a robust framework of technology solutions and systems. We will continue to seek out companies and partners who are a strategic fit to us and who share our vision."
K. Dorai Raja
+65 6411 9566
Group Communications Manager
+44 (020) 7558 3387
Notes to Editors:
About Jardine Lloyd Thompson Group plc
Jardine Lloyd Thompson is one of the world's largest providers of insurance and employee benefits related advice, brokerage and associated services. JLT's client proposition is built upon its deep specialist knowledge, client advocacy, tailored advice and service excellence.
JLT is quoted on the London Stock Exchange and owns offices in 35 territories with some 7,600 employees. Supported by the JLT International Network, it offers risk management and employee benefit solutions in 135 countries.
About 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 approximately 1,000 staff in 12 locations - China, Hong Kong, Indonesia, Japan, Korea, Malaysia, Macau, Philippines, Singapore, Taiwan, Thailand and Vietnam.
JLT Asia's technical abilities and expertise span a wide range of specialist areas:
You can obtain more information about JLT Asia at: www.jltasia.com