’We’re delighted they’ve chosen to become part of the JMG Group and we’re looking forward to supporting their continued success,’ says chief executive
JMG Group has acquired the insurance broking trade and assets of Glasgow-headquartered Taveo Group.
The deal will see Taveo’s team of 14 broking colleagues join Greenwood Moreland, part of JMG Group, while continuing to operate from its offices in Glasgow and London.
JMG Group has purchased the firm to grow its commercial business and strengthen its regional presence.
Nick Houghton, JMG Group chief executive, said: “Taveo is a highly regarded business with an excellent reputation for client service.
”We’re delighted they’ve chosen to become part of the JMG Group and we’re looking forward to supporting their continued success with the tools and infrastructure to help them excel.”
Greenwood Moreland expansion
The last firm to join Greenwood Moreland was UKI Direct, a deal that was announced in April 2025.
Read: JMG Group expands UK presence with trio of acquisitions
Read: JMG Group expands presence in Scotland and Southampton with two broker buys
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UKI Direct serves SME clients throughout the UK. The acquisition adds £2.5m in gross written premium (GWP), taking Greenwood Moreland’s total placed premiums to over £58m.
Three broking professionals also joined Greenwood Moreland as part of the deal, including Ian Donald, who stepped into a leadership role as part of a planned succession for outgoing owner Mike Howard.
His career began in 2019, when he joined a local north London newspaper after graduating from the University of Sheffield with a first-class honours degree in journalism.
He took up the position of deputy news editor at Insurance Times in March 2023, before being promoted to his current role in May 2024.View full Profile
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