JM Glendinning
People Moves: 22 – 26 April 2024
Keep up to date on the latest personnel changes in insurance.
JMG Group’s Astute makes first buy with property specialist
Astute Insurance Solutions has bought property specialist Sandhouse Insurance in its first deal since becoming part of JMG Group in 2022.
JMG adds £100m of deal firepower
JMG Group has raised an additional £100m of committed acquisition facilities from existing lender, Ares Management, Insurance Age can reveal.
Linked integration and organic growth key to JMG success, says CEO Houghton
Delivering on integration is “a bit of an obsession”, JMG Group CEO Nick Houghton told Insurance Age, as the broker posted rising Ebitda for 2022/23.
JMG deal bill tops £60m as purchases and organic growth boost Ebitda
Augusta Topco, the holding company for JMG Group, faced a bill of £63.2m for seven broker buys in the 2022/23 financial year, far outstripping the £17.3m of acquisition costs the year before.
Review of the Year 2023: JMG Group’s Nick Houghton
Nick Houghton, CEO of JMG Group, reflects on the handsome multiples being paid for brokers and why he does not like the phrase ‘direction of travel’.
People Moves: 16 – 20 October 2023
Keep up to date with the latest personnel moves in insurance.
People Moves: 9 – 13 October 2023
Stay in the loop with the latest insurance personnel moves.
Top 100 UK Insurance Brokers 2023: Introduction
Welcome to the Top 100 UK Insurance Brokers, which Insurance Age has put together for a second year running with the help of Insuramore.
Top 100 UK Brokers 2023: Directory - £30m - £40m
Griffiths & Armour - JMG Group (Synova) - Lloyd & Whyte Group - Kingfisher (NSM Insurance Group) - Seventeen Group
Optimism among brokers as Birmingham diversifies from manufacturing into booming new industries
The insurance sector in Birmingham is full of activity and has a bright future, according to experts who work in the area, as Ida Axling discovers.
Greenwood Moreland lands biggest deal since JMG Group-backed MBO
Greenwood Moreland has added to its presence in Scotland with the purchase of Glasgow-based Calcluth & Sangster Insurance Brokers.
Brokers warn insurers they risk losing more business to MGAs
Mainstream insurers need to heed the lessons of the post pandemic decline in service or face losing more market share to managing general agents.
JMG strikes 10th deal of 2023
JMG Group has bought Cheshire-based Blackfriars Group, taking its deal total for 2023 to 10.
JMG strengthens in southern England with further Southampton buy
JMG Group has bought commercial insurance broker GR Marshall, its second deal in Southampton this year.
Biba rolls out partnership to help brokers on Net Zero journey
The British Insurance Brokers’ Association has added Flotilla Group as an associate to help support members with their own sustainability ambitions.
The benefits and potential pitfalls of broker clubs
As Zurich becomes the latest major insurer to introduce a club for brokers, Ida Axling investigates the evolution of these offerings, and whether they remain as attractive to intermediaries as they were in the past.
JMG strikes 20th deal
JMG Group has bought commercial and corporate broker Insure Business in its 20th acquisition since being formed just over two and half years ago.
JMG establishes new division after second motor deal in a month
Specialist HGV and motor trade insurance broker New Era has made its first acquisition within weeks of becoming part of the JMG Group.
JMG buys HGV and motor trade specialist New Era
JMG Group has bought former appointed representative, Stoke-on-Trent-based HGV and motor specialist New Era for an undisclosed sum.
People Moves: 23 - 27 January 2023
Stay in the loop with the latest recruitment moves within the insurance industry.