Jardine Lloyd Thompson has purchased Alexander Forbes Consultants & Actuaries for £17 million, subject to regulatory approval. It will become part of JLT’s employee benefits business.

JLT UK Employee Benefits chief executive officer, Duncan Howorth, said: “This acquisition brings together two market-leading employee benefit businesses which share similar culture, drive and client offerings. Our combined clients will benefit in several ways, particularly through enhanced enrolment technology, access to a broader range of wealth management services, and strong administration capabilities.”

The combined businesses will employ more than 2,000 staff, including approximately 70 actuaries, 180 consultants and 35 wealth management advisors.

 

More Related Articles...

Published: December 21, 2012
Home » JLT invests in Alexander Forbes Consultants & Actuaries
  


More Related Articles...