Marsh’s marine division is about to be strengthened by the arrival of Jardine Lloyd Thompson (JLT)’s senior hull and protection and indemnity brokers.
There is talk of up to 1,000 redundancies following the US giant’s $5.6bn acquisition of JLT, announced last week, but the marine divisions of both firms are likely to escape the worst of it.
Marsh’s marine team recently lost key brokers Nick Taylor, Helen Costin and Andrew Reynolds, and the suggestion is that it did not replace them because it already had JLT in its sights.
