JMG Group has made three more acquisitions in the UK as part of its push to grow regional market share and add specialist capabilities to its portfolio.
GS Group, part of JMG, picked up W K Insurance, a commercial broker in Scotland with a 40-year track record. Seven employees moved over as part of the deal. Leadership has been passed on internally to support business continuity.
Greenwood Moreland acquired UKI Direct, a York-based broker focused on SMEs. The deal adds £2.5 million in premium and expands Greenwood’s footprint to seven locations with over £58 million in GWP. Key staff are staying on to lead the transition.
Lighthouse Risk Services bought TSE Solutions, a Leeds firm offering tailored risk and safety consultancy. The acquisition builds on an existing working relationship and boosts Lighthouse’s presence in the health and safety space.
These moves follow a year of aggressive dealmaking by JMG, which placed more than £350 million in GWP in 2024. The group is in talks for further deals as it continues to buy and build across the UK insurance market.
