McGill & Partners acquires renewal rights to certain Marsh, JLT Specialty business
London-based McGill & Partners, a specialty risk solutions company, has signed an agreement with broker Marsh and JLT Specialty to acquire certain specialty business from Marsh in London.
This business principally emanates from third-party wholesale, or independent brokers, who compete with Marsh for retail business.
Steve McGill, CEO of McGill & Partners, said: "Our ambitious build out has been accelerated with this transaction. We look forward to serving clients at a time when underwriting conditions are more challenging and high-quality placement expertise is in strong demand."
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