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15 September 2014
London
Reporter Stephen Durham

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JLT expands into Turkey

Jardine Lloyd Thompson Group (JLT) has established JLT Turkey (JLT Sigorta ve Reasu?rans Brokerli?i ?irketi.

The new venture, to be based in Istanbul, will be headed by CEO Servet G?rkan.

G?rkan is one of the most experienced and respected brokers in the Turkish market and has previously held the position of head of the Turkey Broker Association.

The establishment of JLT Turkey is in line with JLT’s strategy of expanding its capabilities in markets where long-term growth is supported by fundamental macro-economic trends.

Under G?rkan’s chairmanship both JLT Turkey and GrECo JLT, an existing retail venture in Turkey established in 2013 by GrECo, will provide clients with access to global markets and JLT’s specialist expertise in areas such as agriculture, aviation, construction, energy, financial lines, marine, mining and treaty reinsurance.

G?rkan said: “The establishment of JLT Turkey will provide clients with a distinctive and compelling alternative. I am delighted to be joining JLT, with its strong client first culture and emphasis on expertise and entrepreneurialism.”

“I am very confident that the combination of our local insights and relationships with JLT’s brand, geographic reach and deep specialty knowledge, will rapidly enable us to win clients and attract the best talent.”

The establishment of JLT Turkey is subject to regulatory approval and finalisation of contracts

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