Insurance broker Jardine Dominic Burke (JLT) has reported a 10% rise in H1 pre-tax profits to £109m ($143m) and said it was preparing for a no-deal Brexit. CEO Lloyd Thompson said he was confident the company would continue servicing European clients even without a Brexit deal, though didn't detail its preparations. JLT has been strengthening its European platform with the purchase of marine broker Belgibo, he said, adding the company was not planning a hub approach to Europe, similar to other insurance companies, but would have centres across many European economies.
Insurance broker Jardine Lloyd Thompson (JLT) has reported a 10% rise in H1 pre-tax profits to £109m ($143m) and said it was preparing for a no-deal Brexit. CEO Dominic Burke said he was confident the company would continue servicing European clients even without a Brexit deal, though didn't detail its preparations. JLT has been strengthening its European platform with the purchase of marine broker Belgibo, he said, adding the company was not planning a hub approach to Europe, similar to other insurance companies, but would have centres across many European economies.