JMG Group buys Northampton broker to continue expansion

deal

It is JMG Group’s sixth deal in 12 months and creates an East Midlands hub for the Yorkshire-based business.

JM Glendinning parent, JMG Group, has bought Northampton business Astute Insurance Solutions for an undisclosed sum, Insurance Age can reveal.

Leeds-based JMG Group, a Top 100 UK insurance broker, employs over 230 staff across 13 businesses from 11 offices throughout the UK.

The acquisition of Astute Insurance Solutions takes JMG Group’s total acquisitions to six in just over a year and creates a hub in the East Midlands from which the group plans to expand further.

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Astute

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