London-based insurance brokerage Jardin Lloyd Thompson Group,plc, said it is establishing the Thistle Underwriting Limitedinsurance company to provide underwriting services for itsinternational group.

In a statement JLT said the development of the underwriting armfollowed strategic work undertaken by the group that has identified“a substantial business opportunity for JLT” to develop aninsurance distribution channel.

JLT said it is able to create the underwriting company becauseof advances in technology that streamline business and information,“eliminating the current areas of duplication between carriers andbrokers.”

Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader

  • All PropertyCasualty360.com news coverage, best practices, and in-depth analysis.
  • Educational webcasts, resources from industry leaders, and informative newsletters.
  • Other award-winning websites including BenefitsPRO.com and ThinkAdvisor.com.
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.