Jardine Lloyd Thompson to start business in India in December 2014

Posted On: Nov. 27, 2014 12:00 AM CST

U.K.-based insurance broker Jardine Lloyd Thompson Group P.L.C. will open its first office in India in next month, The Times of India reports.

The news follows JLT's recent purchase of a stake in India's Independent Insurance Brokers Pvt. Ltd. JLT has hired Sanjay Radhakrishnan, a former senior vice-president at Bharti AXA General Insurance Co. Ltd., to head its business in the country. It will initially provide services in the cities of Mumbai, Pune, Bengaluru, Chennai and Delhi.