Group gets 6% organic growth

JLT’s pre-tax profit dipped 3% to £92.8m in 2008, from £95.2m in 2007, but underlying profit rose 15% to £95.2m from £82.5m.

Turnover was up 13% to £536.1m from the £473.2m posted in 2007. The group said it had grown organically by 6%.

“JLT has been a growth story,” said Dominic Burke, the broker’s chief executive. “When you compare us to Aon and Marsh, they delivered 2% growth; we produced 6%. We have very few issues to focus on other than clients, which is why we delivered this.”

The group admitted it was not immune to currency movements, however. Its key currency exposure was in its London businesses, which earn dollar-denominated revenue of about $250m (£178m) a year. This represents 26% of group revenue.

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.

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