Group proceeding (class action) brought on behalf of local councils in Victoria that engaged JLT Risk Solutions (formerly called Jardine Thomson Pty Ltd) to provide insurance broking services between 1 January 2009 and 28 June 2019, that obtained Property insurance through the JLT (Municipal Asset Protection Plan) Discretionary Trust, and that consent in writing to be a group member (group members).
The claim alleges that JLT breached general law, contractual and fiduciary duties it owed to the group members, who suffered loss or damage through payment of excessive premiums and through JLT’s receipt of undisclosed commissions and profits that JLT is required to account for.