EuropeFinance and Insurance

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 is one of the most prolific writers on the diverse China shipping & logistics industry and his access to the major maritime players with business in China has proved an invaluable source of exclusives. Having been working at Asia Shipping Media since inception, Jason is the chief correspondent of Splash and associate editor of Maritime CEO magazine. Previously he had written for a host of titles including Supply Chain Asia, Cargo Facts and Air Cargo Week.
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