IL: JLT Specialty USA to Double Size with New Chicago U.S. HQ
19 Jan, 2018
Mayor Rahm Emanuel joined JLT Specialty USA, a U.S. subsidiary of Jardine Lloyd Thompson Group plc. (JLT ), the leading global specialist risk advisor and broker, to announce the company has chosen Chicago as its U.S. headquarters.
JLT Specialty USA has seen impressive growth over the last three years due to its specialist focus and complex risk expertise. Chicago has been a critical part of that growth and expansion. JLT Specialty USA will continue its investment in the city as the Chicago location is expected to become its flagship office and largest location in the U.S.
"JLT could have chosen any city in the country as their American headquarters, but they chose Chicago because of the talent pool, infrastructure and stability our great city offers," Mayor Emanuel said. "JLT's American headquarters will be a strong addition to Chicago's business community, and we look forward to their continued long-term investment and job creation in Chicago."
"As complex risk specialists we offer deep expertise in key industries and products. Having access to top talent drives our ability to solve challenges for our clients. Chicago became an obvious choice for investment given its impressive infrastructure, higher education and talent pool, especially in the insurance sector," said Michael Rice, CEO, JLT Specialty USA. "We continue to see value in making long-term investments here."
"Chicago is the location that has all the elements to drive growth," said Pat Donnelly, deputy CEO, JLT Specialty USA. "It is home to a diverse base of global businesses that are driving innovation and has one of the most highly educated workforces in the country. This combination gives us the resources to add creative thinkers that can drive solutions for our clients."
The Chicago office is located at 225 West Wacker on the 5th Floor and is occupied by several JLT executives and approximately 60 specialists across key product and industries. The company plans to double the size of its workforce in Chicago over the next few years.
About Jardine Lloyd Thompson (JLT.L)
Jardine Lloyd Thompson is one of the world's leading providers of insurance, reinsurance and employee benefits related advice, brokerage and associated services. JLT's client proposition is built upon its deep specialist knowledge, client advocacy, tailored advice and service excellence. JLT is quoted on the London Stock Exchange and owns offices in 40 territories with more than 10,600 employees. Supported by the JLT International Network, it offers risk management and employee benefit solutions in 135 countries. For further information about JLT, please visit our website www.jlt.com and follow us on LinkedIn at JLT Group and Twitter @JLTGroup.
About JLT Specialty USA
JLT Specialty USA is the U.S. platform of the leading specialty business advisory firm, Jardine Lloyd Thompson Group. Our experts have deep industry and product experience serving leading U.S. and global firms. Our key to client success is our freedom to be creative, collaborative, and analytical while challenging conventions, redefining problems, creating new analytical insights, and exploring new boundaries to deliver solutions for each client's unique business and risks.