Glenrand announces exclusive trading agreement with UK based companies

Glenrand MIB today announced the formalisation of an exclusive trading agreement with the UK based Jardine Lloyd Thompson Limited (JLT) and Lloyd & Partners Limited (LPL), both members of the Jardine Lloyd Thompson group of companies.

JLT is listed on the London Stock Exchange and is the sixth largest company of its type in the world. JLT operates in more than 30 countries, employs over 5000 staff and has more than 100 owned offices worldwide.

In terms of the agreement Glenrand MIB will be the sole trading partner for JLT in South Africa.

Andrew Chislett, National Divisional Director of Glenrand MIB Risk Services, comments:
"We are exceptionally proud to have secured a partnership with one of the world's largest and most respected broking firms and have no doubt that this will have a very positive impact on our already impressive ability to provide world class risk solutions to our national and international base of large corporate clients. Our local market strength and expertise will now have the added benefit of access to the global presence, reach and expertise of JLT which we consider a key competitive differentiator."

Mark Drummond-Brady, International Chairman of Jardine Lloyd Thompson Group comments, "We look forward to intensifying our excellent trading relationship with Glenrand MIB and believe that their distribution capabilities will greatly enhance our ability to make available to clients and prospects in the region our transactional broking and risk advisory skills, as well as access to our global network. We are delighted with this development."