The governing body for auto racing in the United Kingdom said it has replaced Lockton International as the insurance broker for its multimillion-dollar account with Jardine Lloyd Thompson, saying JLT offered "new ideas."

The Motor Sports Association, the governing body of United Kingdom motor sport, said today that it has appointed London-based Jardine Lloyd Thompson Limited to handle all its insurance requirements for 2008.

The MSA said the brokering contract was held by the London unit of Kansas City, Mo.-based Lockton. Lockton acquired the London business after its acquisition of Alexander Forbes International Risk Services in late 2006.

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