A number of JLT employees who left the firm to join Hyperion will have to serve out their notice periods before taking up their new positions, after JLT initiated a lawsuit against Hyperion. The development is the result of a settlement between JLT and Hyperion, the terms of which are confidential. The settlement does state… Continue reading JLT and Hyperion Settle Employee Poaching Lawsuit
Tag: JLT
Marsh Suing NFP in Alleged Former-JLT Employee Poaching
Marsh LLC last week sued NFP Corp. for allegedly poaching 13 former JLT Specialty Insurance Services Inc. real estate employees. Marsh, which acquired Jardine Lloyd Thompson Group PLC last year in a $5.6 billion deal, also filed a separate lawsuit against four of the employees who left JLT to work for New York-based NFP. The… Continue reading Marsh Suing NFP in Alleged Former-JLT Employee Poaching
Marsh, Guy Carpenter, JLT Combine LatAm Facultative Reinsurance
Marsh and Guy Carpenter will combine their Latin American facultative reinsurance operations with those of JLT Group, following the completed acquisition of JLT by Marsh & McLennan Companies (MMC) on April 1st, 2019. The combined operations will be called Carpenter Marsh Fac Re, and will be led by current Mercer Marsh Benefits Leader, Andrew Perry,… Continue reading Marsh, Guy Carpenter, JLT Combine LatAm Facultative Reinsurance
Marsh & McLennan Completes Acquisition of Jardine Lloyd Thompson
Marsh & McLennan Companies, Inc. today completed the acquisition of Jardine Lloyd Thompson Group plc (JLT) for $5.6 billion in fully diluted equity value, furthering its role as the world’s preeminent professional services firm in the areas of risk, strategy and people. “Today marks the beginning of a new era with Marsh & McLennan and… Continue reading Marsh & McLennan Completes Acquisition of Jardine Lloyd Thompson
Marsh & McLennan Companies Receives Clearance from European Commission to Acquire Jardine Lloyd Thompson
Marsh & McLennan Companies, Inc. today announced that the European Commission approved its acquisition of Jardine Lloyd Thompson Group plc. All regulatory and competition authority approvals required to close the transaction have now been satisfied. A hearing at the UK High Court has been set for March 29, 2019. Subject to the Court’s approval, the… Continue reading Marsh & McLennan Companies Receives Clearance from European Commission to Acquire Jardine Lloyd Thompson
Jardine Lloyd Thompson Reports Underlying Growth Ahead of Takeover
Jardine Lloyd Thompson Group PLC – which is in the process of being taken over by US insurance provider Marsh & McLennan Cos Inc – on Tuesday said its annual underlying profit and revenue increased. Under London Stock Exchange regulations, JLT has to update the market on key financial items despite shareholders approving the GBP4.3… Continue reading Jardine Lloyd Thompson Reports Underlying Growth Ahead of Takeover