JMG seals second deal of the week

Deal

JMG Group has bought Hamilton Robertson Insurance Brokers, adding £15m of gross written premium to the business.

It is the second deal of the week for the fast growing consolidator, having already snapped up Surrey-based insurance broker SIA Insurance.

The latest purchase has been made through Greenwood Moreland. JMG moved into the Scottish market in 2022, when it backed the management buyout of the Hamilton-based broker.

HRIB has offices in Glasgow and London, and a specialist motor insurance division – C&A Mackie Insurance Brokers – employing 25 people.

The acquisition takes Greenwood Moreland’s headcount

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@insuranceage.co.uk.

You are currently unable to copy this content. Please contact info@insuranceage.co.uk to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Insurance Age? View our subscription options

Register

Sign up and gain access to five complimentary news articles every month.

Already have an account? Sign in here

This address will be used to create your account

Arch goes live on Applied

Applied has confirmed that Arch Insurance has launched a specialist property owners insurance product on its commercial e-trading panel.

Biba 2024: FCA to take its time on transparency proposals

Emily Shepperd, chief operating officer of the Financial Conduct Authority, has said the regulator was “overwhelmed” at the response and amount of feedback to its transparency proposals, and that it is going to “really take our time” when considering any possible next steps.