JM Glendinning Insurance Brokers, part of the JMG Group, has acquired Tim Hinchcliffe Commercial Brokers, former appointed representative of the Gauntlet Group.
Tim Hinchcliffe specialises in motor trade insurance services across Lancashire and Yorkshire, with 23 years of experience in commercial insurance sector.
It marks the first acquisition of JMG Glendinning Insurance Brokers Lancashire.
JM Glendinning Insurance Brokers operates 12 offices throughout the UK and provides a suite of services including commercial and personal insurance, employee benefits, risk management and claims management.
JM Glendinning Insurance Brokers Lancashire managing director Matthew Stuttard said: “Our team of experienced professionals is excited to continue with our expansion and we plan to bring new talent on board in the coming months.
“Welcoming Tim’s business is our first acquisition and a fantastic additional step in our growth journey, allowing us to further build on our expertise in motor trade insurance.”
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By GlobalDataTim Hinchcliffe said: “Having known some of the team before I entered discussions about this sale, I was confident that I would be putting my business in safe hands. JMG Group’s reputation as being a forward-thinking and client-focused business is a great fit. I believe my clients will quickly reap the rewards of having access to more services, additional expertise and a broader market as I move away from the network method of broking.”
In August this year, JMG Group expanded its footprint through JM Glendinning North Yorkshire with the purchase of C P Bennet, a personal and commercial lines insurance broker based in Bridlington.