JMG Group has acquired the insurance broking trade and assets of Glasgow-headquartered Taveo Group Ltd, strengthening its commercial insurance capabilities and expanding its presence in Scotland and the South of England.
Taveo’s team of 14 broking colleagues will join Greenwood Moreland, part of JMG Group, while continuing to operate from its offices in Glasgow and London. The team’s expertise enhances JMG’s commercial business, while access to the Group’s wider resources and markets positions them to play a key role in future UK growth.
The acquisition reflects JMG Group’s strategy of attracting and supporting respected high-performing brokers to continue their independent growth, while also strengthening the Group’s regional presence.
Says Nick Houghton, JMG Group CEO: “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.”
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