JMG Group buys Wokingham-based commercial broker in 14th deal since 2020

Nick Houghton

The transaction sees the intermediary business break the £200m gross written premium threshold

Intermediary organisation JMG Group has finalised its 14th acquisition since 2020, buying Wokingham-based commercial lines broker BJP Insurance Brokers.

The broker confirmed that this deal will push JMG Group’s gross written premium (GWP) over the £200m milestone, as well as bump up staff numbers to 420 thanks to the addition of BJP Insurance Brokers’ 60 employees.

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