Global insurance, risk management and consulting services firm, Gallagher, has completed the acquisition of Jardine Lloyd Thompson Group plc’s (JLT) global aerospace retail and wholesale insurance broking operations.
The deal was completed on June 01, 2019, giving Gallagher a specialist aerospace presence in in the US, UK, Canada, Australia, New Zealand and 10 other countries in Europe, Latin America and Asia. As part of the deal, the global insurance brokerage has also taken on the assets of Hayward Aviation, a UK insurance broker that specializes in aviation for high-net worth individuals and smaller airlines.
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