JL Jones

Innovating Lloyd’s marine-underwriting Syndicate 329, JL Jones & Others is to terminate its relationship with the US-based Markel group. The decision follows Markel’s recent takeover of the Terra Nova group, JL Jones’ original backer. The management of Syndicate 329, led by Jonathon Jones, has decided to pursue an independent path after failing to reach agreement with Markel over future strategy.