The exodus from Jardine Lloyd Thompson (JLT) Group continued today with the announcement that its US retail division chairman and chief executive John Molbeck has stood down.

Molbeck, who joined the company in January 2003, has spent the last two years spearheading the divison through a significant expansion programme in the US.

His departure comes within six months of UK chief executive Steve McGill's resignation. At the time of his departure JLT said it had been a “difficult year” for the company.

Mollbeck's responsibilities have been temporarily assumed by group executive chairman Ken Carter, pending the appointment of a suitable successor.

The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.

Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.