Jardine Lloyd Thompson Group
Encyclopedia
Jardine Lloyd Thompson Group is a leading British
-based insurance
and re-insurance business. It is a constituent of the FTSE 250 Index
.
. In 1997 it merged with Lloyd Thompson Group to form Jardine Lloyd Thompson Group. In June 2007 it acquired Pavilion Insurance
and in June 2008 it announced it had acquired Harman Wicks and Swayne.
On 25th January, 2010, Jardine Lloyd Thompson announced it had acquired the companies within the iimia Wealth Management division (iWM) of Midas Capital plc. iWM have some £600m funds under advice of which £250m is managed on a DPM basis.
United Kingdom
The United Kingdom of Great Britain and Northern IrelandIn the United Kingdom and Dependencies, other languages have been officially recognised as legitimate autochthonous languages under the European Charter for Regional or Minority Languages...
-based insurance
Insurance
In law and economics, insurance is a form of risk management primarily used to hedge against the risk of a contingent, uncertain loss. Insurance is defined as the equitable transfer of the risk of a loss, from one entity to another, in exchange for payment. An insurer is a company selling the...
and re-insurance business. It is a constituent of the FTSE 250 Index
FTSE 250 Index
The FTSE 250 Index is a capitalisation-weighted index consisting of the 101st to the 350th largest companies on the London Stock Exchange. Promotions to and demotions from the index take place quarterly in March, June, September and December...
.
History
The company was first established as a division of Jardine Matheson in 1972. In 1991 Jardine Insurance Brokers was first listed on the London Stock ExchangeLondon Stock Exchange
The London Stock Exchange is a stock exchange located in the City of London within the United Kingdom. , the Exchange had a market capitalisation of US$3.7495 trillion, making it the fourth-largest stock exchange in the world by this measurement...
. In 1997 it merged with Lloyd Thompson Group to form Jardine Lloyd Thompson Group. In June 2007 it acquired Pavilion Insurance
Pavilion Insurance
Pavilion Insurance was a Coventry based marketing company offering insurance solutions through the internet, powered by its own internally developed software.-History:...
and in June 2008 it announced it had acquired Harman Wicks and Swayne.
On 25th January, 2010, Jardine Lloyd Thompson announced it had acquired the companies within the iimia Wealth Management division (iWM) of Midas Capital plc. iWM have some £600m funds under advice of which £250m is managed on a DPM basis.
Brand update
On the 6th July 2009, the company launched a new brand which removed the names of the firm ("Jardine Lloyd Thompson"), leaving simply the acronym JLT and an evolution of the pyramid device.Operations
The company has operations organised as follows:- Risk and insurance
- Employee benefits and Employee Accounts