British brokerage giant Jardine Lloyd Thompson (JLT) has announced a new overseas acquisition to reinforce its status as one of the largest global industry players.
The company said its subsidiary JLT Re has acquired the portfolio of Peru’s Olsa Re, which has over 30 years of specialist experience in the aviation and cargo sectors
The acquisition is seen to strengthen JLT Re’s position as a leading brokerage firm in Peru, with the addition of Olsa Re’s significant aviation industry expertise and established client portfolio.
The Peruvian broker also serves clients in Colombia, Ecuador and Costa Rica.
"The acquisition of Olsa Re´s portfolio provides a strong strategic fit for our clients and further strengthens the range of services we offer in Peru,” said Jose Miguel Gonzalez, CEO of JLT Re in Peru and Colombia.
“Olsa Re’s proven aviation expertise will add even greater depth to our already leading client offer in the marketplace.”
Olsa’s key aviation brokers, Jose Espinosa and Clara Escobar, have joined JLT Re Peru to manage the aviation line and ensure the continuity of the portfolio.
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