trending Market Intelligence /marketintelligence/en/news-insights/trending/_Xr5JRPkjlC86JNeHe-Ijw2 content esgSubNav
In This List

JLT, Hyperion Insurance settle recruitment lawsuit

Blog

Insurance Underwriting Transformed How Insurers Can Harness Probability of Default Models for Smarter Credit Decisions

Blog

The Worlds Largest Life Insurers, 2023

Blog

The World's Largest P&C Insurers, 2023

Blog

Essential IR Insights Newsletter Fall - 2023


JLT, Hyperion Insurance settle recruitment lawsuit

Jardine Lloyd Thompson Group Ltd. and Hyperion Insurance Group Ltd. reached a confidential settlement on a lawsuit related to JLT employees who left to join Hyperion.

As part of the settlement, the relevant employees will continue to be bound by their obligations to Marsh & McLennan Cos. Inc.-owned JLT, including their notice periods and post-termination restrictive covenants.

In April 2019, Mark Wood reportedly resigned as head of international financial and professional lines at the merged Marsh-JLT Specialty to join Hyperion Insurance along with colleagues Sarah Hughes and Adam Codrington.

Additionally, Hyperion X appointed David Flandro, previously JLT Re's global head of analytics and an executive committee member, as managing director for analytics in September 2019. Hyperion X is the data and technology arm of Hyperion Insurance.