Friday, November 29, 2024

JMG Group cleans up with GLEAMING INSURANCE acquisition

Cleaning industry specialist GLEAMING INSURANCE is the latest broker to have been acquired by Leeds-based JMG Group.

GLEAMING INSURANCE brings cleaning industry expertise to JMG Group, offering bespoke insurance policies for cleaning professionals, underwritten by Hiscox Insurance. Launched by MD Martin Holden in 2011, the business will continue to operate as GLEAMING INSURANCE.

MD Martin Holden began his insurance career in 1989 as an underwriter for a large national
insurance company before a long career in the broking market. He went on to establish GLEAMING INSURANCE which provides direct online services with a strong customer focus as well as giving access to the scheme to other brokers and their clients.

Martin Holden says: “The business is in a very strong position and with the help of JMG Group this will allow us to build the brand further and become the go-to broker for all the cleaning industry’s insurance needs.

“JMG Group will help to open up market opportunities and support me in establishing and fostering even more partnerships. This move will also allow me to focus on its further development and growth.”

As part of JMG Group, GLEAMING INSURANCE will have access to a broader pool of expertise and market advantage from within the group which will support its ambitious plans.

Nick Houghton, JMG Group CEO, says: “The relationship we’ve built with Martin over the years made this acquisition a very easy decision for both of us to make. As a successful niche business Martin would have had his pick of investors and so I’m utterly delighted that he and his team have chosen JMG Group to support the business’s next chapter of growth.”

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