JLT Acquires U.S. Trade Credit and Political Risk Broker IRC

Global broker Jardine Lloyd Thompson Group (JLT) has acquired International Risk Consultants (IRC), a U.S. broker specializing in specialist trade credit and political risk insurance.

Based in Columbus, Ohio, and operating across U.S., Brazil, China and Hong Kong, IRC provides trade credit, single-and-multi-buyer, and political risk insurance.

The announcement said IRC’s product specialties align with JLT’s global global credit, political and security risk (CPS) risk capabilities in Europe, the Middle East and Africa, and Asia. JLT and IRC already work together serving a number of JLT’s global CPS clients.

IRC companies will be rebranded JLT Specialty USA CPS practice, JLT Asia CPS practice and JLT Brazil CPS practice.