JM Glendinning Insurance Brokers Lancashire (a JMG group company) has made its first acquisition as it sets its sights on further growing its presence in Lancashire.
The Blackburn-based business has acquired former appointed representative of the Gauntlet Group, Tim Hinchcliffe Commercial Brokers Ltd. With 23 years of commercial insurance expertise gained working across Lancashire and Yorkshire, Tim Hinchcliffe has carved out a solid reputation in motor trade insurance services.
Matthew Stuttard, JM Glendinning Insurance Brokers Lancashire’s managing director, says: “I started this business five years ago and we are now trading just under £5m of premium from the Blackburn office. All growth so far has been organic and I’m extremely proud of what we have achieved. Our team of experienced professionals is excited to continue with our expansion and we plan to bring new talent on board in the coming months. Welcoming Tim’s business is our first acquisition and a fantastic additional step in our growth journey, allowing us to further build on our expertise in motor trade insurance.”
Says Tim Hinchcliffe: “Having known some of the team before I entered discussions about this sale, I was confident that I’d be putting my business in safe hands. JMG Group’s reputation as being a forward-thinking and client-focused business is a great fit. I believe my clients will quickly reap the rewards of having access to more services, additional expertise and a broader market as I move away from the network method of broking.”
With 12 offices across the UK, JM Glendinning Insurance Brokers offers a wide range of client services including commercial and personal insurance, employee benefits, risk management and claims management.