Exmar sells insurance broker Belgibo to JLT

Exmar sells insurance broker Belgibo to JLT

Belgian gas specialist Exmar has reached an agreement to sell insurance broker Belgibo to Jardine Lloyd Thomson Group.

Belgibo is an insurance broker and risk consultant, specialising in maritime and industrial risks and claims management.

Belgibo and JLT have formed a close trading relationship for more than twenty years since Belgibo is a long standing member of the JLT international network.

Exmar said the transaction will reinforce its cash position, though the financial details of the deal were not disclosed.

Jason Jiang

Jason worked for a number of logistics firms following his English degree, then switched this hands-on experience to writing and has since become one the most prolific writers on the diverse China logistics industry writing for a host of titles including Supply Chain Asia, Cargo Facts and Air Cargo Week. Jason’s access to the biggest shippers with business in China has proved an invaluable source of exclusives.

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