Jardine Lloyd Thompson (JLT) has made changes to the responsibilities of its senior management in a move which it said would allow further benefits for its US activities and its growing employee benefits business.
JLT's US-based insurance and reinsurance businesses, Capital Risk LLC and JLT Re Solutions, will be owned by a newly-formed subsidiary JLT USA Inc, with immediate effect.
JLT has appointed Steve McGill as JLT USA's chairman, and John Molbeck has been appointed as chief executive.
McGill will also become chairman of JLT's employee benefits group. Its former chairman John Hastings-Bass will continue as chairman of JLT's worldwide retail broking operation, with the exception of the US, said JLT. Dominic Burke will continue as its chief executive.
