Insurance broking firm Marsh India Insurance Brokers said that they will acquire JLT Independent Insurance Brokers. JLT Independent is a joint venture between Jardine Lloyd Thompson Group plc (JLT Group) and India-based Sunidhi Group. Formed in 2003 Marsh India, a joint venture between Marsh International Holdings Inc. and India-based Rampart Trust, was one of the first foreign insurance brokers to be registered as composite broker with the insurance regulator.