GrECo JLT strengthens its market position in Serbia

Merger of the three insurance broker companies GrECo JLT, Auctor Sollers and Interisk into a strong supplier

GrECo JLT strengthens its market position in Serbia

The GrECo JLT Group has significantly expanded its presence established in 2003 in Serbia by a merger. In a press release the company announced the acquisition of the two local broker companies Auctor Sollers and Interisk. The three companies will join both their expertise and their market presence to become Serbia’s largest broker.

The new company will be headed by Dušanka Talić, owner and founder of Interisk. The two owners of Auctor Sollers will also remain partners of the group. The trio joins their many years of market knowledge with the international expertise of GrECo JLT. The new company manages a premium volume of around EUR 12 million per year.

Dušanka Talić has been working in the insurance industry for eight years. Previously she had been holding various positions in international companies. In 2010 the Serbian manager founded the Interisk company and developed it into one of the largest brokers in Serbia.

Georg Winter, Board Member of GrECo JLT Group in Austria is “proud that we are consolidating our position in South Eastern Europe through this merger. Our goal is to offer international and local clients in Serbia the best service, professional risk management and innovative products.”

The GrECo JLT Group is an independent, family run business, with the Neubrand family holding 66.67 percent of the shares. The British JLT Group (Jardine Lloyd Thompson Group plc) holds a 20 percent share and the German Ecclesia Group holds 13.33 percent.

The company headquartered in Vienna employs 790 staff at 54 offices in 15 markets in Eastern and Southeastern Europe, with approximately 340 employees in Austria. GrECo JLT offers its customers individual solutions for risk and insurance management, and is by its own account Austria’s leading insurance broker for industry, trade, commerce and the public sector.

As part of the JLT International Network, the company has access to a global consulting network.