Jardine Lloyd Thompson Group plc ("JLT"), one of the world's largest providers of insurance, reinsurance and employee benefits related advice, brokerage and associated services, has announced that its Asia business has acquired LAMBERT Brothers Holdings Limited ("LBH").

LBH has been an independent insurance and employee benefits broker since leaving the HEATH LAMBERT Group in 2007 with over 40 insurance professionals and has enjoyed steady growth over recent years. In particular, LBH adds to JLT Asia's and JLT Hong Kong's Marine, Employee Benefits and Corporate business capabilities.

Anthony LANGRIDGE, Executive Chairman JLT Asia said: "I am excited to announce this acquisition, which not only adds depth, but strong synergy to our Hong Kong business. My warmest welcome to Mike HAYNES and the rest of our new colleagues from LBH to JLT."

Duncan HOWORTH, CEO, JLT Asia, said: "There is a strong cultural and commercial alignment between the two businesses with clear opportunities to exploit our specialty strengths. We aim to grow our Hong Kong operations whilst aligning our specialties to opportunities across the region as well."

Mike HAYNES who was previously Managing Director of LBH will join the Board of JLT's Hong Kong business as Deputy Chairman. Nick COUSINS, Managing Director of JLT Hong Kong will run the combined business with immediate effect and the LBH teams will integrate with JLT's existing Hong Kong business operations.

Commenting on the acquisition, Mike HAYNES said "JLT has a long standing heritage in Asia with a strong 'client first' reputation that was very attractive to the team at LBH. We see this as a significant opportunity for our clients to benefit from access to JLT's unrivalled specialty capabilities and international platform and for our employees to have every opportunity to develop and fulfil their career aspirations within JLT."