JMG Group continues expansion with three family-run broker acquisitions

JMG Group has acquired three family-run brokers to strengthen its regional presence.

Hampshire-based Glowsure Insurance, Somerset-based James Brown and Sons and Norfolk-based R Todd Insurance Services have all been added to the group’s roster.

JMG Group said that its backing would allowing the firms to offer enhanced insurance services, support and expertise to clients.

Nick Houghton, chief executive at JMG Group, said: “Each of these businesses has a strong family story, loyal clients and deep local roots.

“We give businesses the backing they need to grow, while respecting what makes them successful – their people, their independence and their connection to clients. We look forward to supporting all three teams as they continue to thrive as part of the group.”

The acquired businesses 

Founded in 2014 by husband and wife team Wesley and Rebecca Haynes, Glowsure Insurance Brokers is a Hampshire-based commercial insurance broker with a 15-strong team serving clients across the UK.

The business is currently targeting a five-fold increase in revenue by 2028 with JMG Group’s support. 

Meanwhile, James Brown and Sons, which was established in 2012 by managing director James Brown, serves commercial and personal clients across the south.

Brown runs the business with support from his sons Sam and Will, who both joined as apprentices straight from school.

Brown said: “Joining JMG Group gives us the strength and protection we need in a tough market, without losing the independence and culture we’ve worked hard to build.

”From the very first conversation, they felt honest, friendly and genuine and I’m excited about being part of the group and the potential it holds.”

Finally, R Todd Insurance Services was founded by Richard Todd in 1978 and is now run by his sons Paul and Gary.

The firm serves commercial and personal clients across East Anglia and will continue to operate under its existing brand and team.

Paul Todd said: “This move allows us to focus on our clients and growth, with access to a broader range of products and support through the JMG Group. It’s business as usual, but with greater strength behind us.”