Asset Management

Investment specialist swaps consultants for medical industry

Former head of manager research at JLT to oversee Medical Defence Union’s £550 million investment portfolio

The Medical Defence Union is based at One Canada Square
The Medical Defence Union is based at One Canada Square Photo: iStock

The former head of manager research at JLT Benefit Solutions has resurfaced as an investment officer at the Medical Defence Union, where he will manage its £550.5 million investment portfolio, which is used to pay successful negligence claims against the industry.

Peter Martin, who had been on a six-month career break, came on board at the organisation - set up in 1885 to defend medical professionals against claims of malpractice - on April 4, a spokeswoman confirmed on April 18. The investment portfolio is essentially a mutual fund that has been built up by the subscriptions of its members.

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