The Royal Institution of Chartered Surveyors (RICS) has picked JLT Real Estate Specialty as its preferred real estate insurance broker.

Lee Rossney, partner at JLT, said: "JLT are extremely pleased to be working with RICS, a well recognised and respected global brand.

"Through this relationship members who are permitted to mediate insurance can benefit from a 10% premium saving on the current real estate premium spend."