20.11.2023

Newcastle insurance broker celebrates its 10th anniversary

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Newcastle-based insurance broker, JM Glendinning North East, is celebrating a decade of providing specialist insurance solutions for hard-to-insure UK businesses.

The business, which is part of JMG Group, has grown from a standing start in 2013 into a thriving £9 million Gross Written Premium (GWP) business, demonstrating an impressive 30% income growth year on year. Established by Neil Forrest, now the JMG Group commercial director, and Dean Hartley, who is a client director at the firm, JM Glendinning North East is now led by MD, Lee Tetley.

Over the past decade, the Newcastle business has consistently delivered tailored insurance solutions to help businesses throughout the UK that do not fit the ‘tick box’ criteria of standard insurance policy applications. Whilst the business embraces innovation and technology, it prides itself on its human approach to insurance broker services, away from the buy online model.

JM Glendinning North East MD Lee Tetley says: “Reaching the 10-year mark is a significant milestone for us. We have worked tirelessly to build a reputation for excellence and dedication to our clients. Our journey from zero to becoming a £9 million GWP business is testament to the hard work and dedication of our committed and experienced team. We take pride in our ability to navigate complex insurance landscapes and offer tailor-made solutions to our clients.”

Lee says that one of its key successes is in attracting and retaining its loyal and committed team members. Amongst them are Alyson Storey, Debra Dee and Ryan Champion who will celebrate their 10th anniversary of working with the company, this year, and have all been instrumental in the office’s growth and success during this decade.

JM Glendinning Insurance Brokers’ North East office now boasts a team of 29 dedicated professionals who continue to deliver innovative insurance solutions ensuring their clients are safeguarded against unique risks in their respective industries.

For more media information, please contact Hannah Trinder at Partners PR on hannah@partners-pr.co.uk or call 01904 610077.

About JMG Group

The JMG Group was established in 2020 following a management buyout of JM Glendinning Insurance Brokers led by Group CEO Nick Houghton and backed by SYNOVA. The JMG Group has ambitious growth plans, built upon supplementing strong organic growth with a series of complementary strategic acquisitions.  Now operating with a team of over 500 across 25 offices – stretching from the highlands of Scotland to the south coast of England – JMG Group has built its reputation as one of the UK’s leading insurance brokers through its quality team and range of client services.

As a Top 35 UK insurance broker, the group places over £230m of premium annually and offers a broad product capability to a well-diversified client base, supported by blue-chip insurers.

For more information about JM Glendinning insurance brokers, visit www.jmginsurance.co.uk. For more about the JMG Group, visit www.jmg-group.co.uk.