JLT buys Dutch insurance firm

Michael Bow
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CITY insurance broker Jardine Lloyd Thompson (JLT) yesterday snapped up Dutch outfit Independent Risk Solutions (IRS), expanding its continental presence.

JLT has bought the firm, which specialises in shipping insurance, from Brokerage World Solutions for an undisclosed sum. It will be rebranded and merged into JLT Specialty, it said.

JLT Nordic boss Henrik Ryden said the deal was an “excellent cultural and business fit”.