JLT targets bolt-on acquisitions
Deputy group CEO Drummond Brady hails “very strong set of results” for 2017 as broker posts 35% pre-tax profit rise.
Mark Drummond Brady, deputy group CEO of Jardine Lloyd Thompson (JLT), has stated that the broker is looking to make acquisitions in 2018.
He told Insurance Age: “In JLT the chequebook is always open for acquisitions for any part of our business where they come up with opportunities to reinforce areas which are of a strategic importance for us through bolt-ons.
“We’re pretty allergic to making any kind of large or transformational acquisitions that have the effect of impacting our culture.”
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