Changes at the top to support further growth at JMG Group


Two senior directors at JMG Group have stepped into new roles in a strategic move to support the firm’s growth and acquisition targets and further recognise the strengths of the team.

JMG Group has restructured the roles of two directors, Neil Reid and Neil Forrest, driven by the changing needs of the Group and its existing and acquired businesses as it continues to grow.

As Group commercial director, Neil Forrest now takes additional responsibility for strategic insurer relationships and the integration and development of new acquisitions. Neil Forrest joined as JM Glendinning North East’s MD in 2013 and has since made his mark in his Group-focused role overseeing integrations. Neil will liaise with all major insurers to get the best out of the Group’s insurer relationships as the business grows and to continue to secure the best deals for its clients.

Previously JMG Group’s insurance placement director, Neil Reid now supports the firm’s acquired businesses as regional managing director. Neil joined the JMG Group in April 2021 following a 27-year career in the insurance industry. With a strong track record in sales, Neil’s role now focuses on the growth and development of acquired Group businesses. Neil will also create “centres of excellence” around group businesses which specialise in specific sectors, such as Nowell & Richards which specialises in insurance services for High Net Worth individuals.

Says Nick Houghton, “Neil Forrest and Neil Reid are great assets in our business. They represent the high calibre of our senior team and how we continue to invest from within. It is a testament to their drive, commitment and ambition that their roles have evolved in this way, playing to their strengths whilst supporting the changing needs of our growing business.”

The JMG Group has grown its GWP from £45 million to £205 million and increased its office footprint from 7 to 22 since it was established following a management buyout by CEO Nick Houghton, backed by Synova, in 2020.