Home Insurance Law JMG Group expands with BQI acquisition 

JMG Group expands with BQI acquisition 

JMG Group expands with BQI acquisition 


JMG Group, a UK-based insurance coverage dealer, has introduced the acquisition of BQI Insurance coverage and its sister firm BQI Safety for an undisclosed sum. 

BQI Insurance coverage’s buy is anticipated to bolster JMG Group’s presence within the development, fleet and legal responsibility insurance coverage sectors and improve its consumer servicing capabilities throughout the board. 

It’ll see JMG Group’s workforce develop by 46 workers and its gross written premium enhance by £25m.  

With this improvement, JMG Group extends its attain with extra places of work in London, Wellingborough and Perth. 

Andy Brown and Sean Quinn based BQI Insurance coverage in 2006.  

It focuses on development, fleet and motor commerce insurance coverage, and is claimed to deliver experience in dealing with difficult-to-place dangers.  

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In the meantime, the acquisition of BQI Safety, a dealer specialising in private cowl, enterprise safety and worker advantages, guarantees to diversify JMG Group’s portfolio.  

Since its institution in August 2018 by co-founders Brown, Quinn, and Malcolm Robertson, BQI Safety is claimed to have been on an upward trajectory. 

With a 50% stake, Robertson is main BQI Safety, which is targeted on recruitment, increasing insurer choices and income development. 

JMG Group CEO Nick Houghton mentioned: “Andy and Sean have constructed an excellent enterprise and completely share our obsession with natural development and information. Welcoming Malcolm on board can even deliver precious experience to the broader group. To have a chance to put money into the workforce and assist them proceed their development and success is an actual privilege, and one I’m wanting ahead to being a part of.” 

Brown added: “The funding is a good alternative for our companies to proceed to flourish while retaining our identification. We by no means relaxation on our laurels; we need to be on the entrance foot and we imagine partnering with JMG Group will give us the added aggressive edge we want. It presents a big alternative for our workers to develop their portfolios and develop professionally.” 

Earlier this 12 months, JMG Group-owned Astute Insurance coverage Options accomplished the acquisition of Sandhouse, a property insurance coverage specialist. 



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