Skip to main content

JMG appoints two leaders in widened structure after recent PE investment

Nick Houghton, CEO of JMG Group

JMG Group has created two new leadership roles, naming Jake Fox CEO of underwriting and speciality, and Neil Forrest CEO of retail.

In October, Chicago-headquartered private equity firm GTCR completed its investment in Leeds-headquartered JMG alongside existing backer PE house Synova and the broker’s leadership team.

Fox joined in October 2015 as managing director of its professional risks business. He succeeded Nick Houghton, pictured, in 2021 as managing director responsible for the group’s then-eight broking businesses after Houghton had moved to group CEO. 

Fox made the announcement on LinkedIn last week, writing: “I am

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 or view our subscription options here: https://subscriptions.insuranceage.co.uk/subscribe

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

Peach and owner grow in 2025

Peach, which offers underwriting capacity to brokers, schemes and managing general agents for business insurance cover, grew in 2025 as profits at parent NPA Insurance also rose, maintaining the trends of the year before.

Ageas UK GWP jumps as Esure deal flows in

Ageas has posted a 72% hike in gross written premiums in the UK to €1.42bn (£1.21bn) for the first half of the year as the takeovers of Esure and Saga’s underwriter Acromas Insurance Company continued to kick in.

Profile: MGAA’s Mike Keating

Mike Keating, CEO of the Managing General Agents’ Association, looks back on his career in insurance and discusses how the MGA market will continue to evolve.

Most read articles loading...

You need to sign in to use this feature. If you don’t have an Insurance Age account, please register now.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: