JM Glendinning Insurance Brokers North Yorkshire has achieved an important milestone as it surpassed £1 million in revenue for the first time in its history.
In a bid to further bolster its growth, the company recently transitioned to Langley House at Wykeham Business Centre, an upgrade from its previous location at 54 Westborough in Scarborough, where it had been situated since 1978.
Occupying the first floor of Langley House, JM Glendinning Insurance Brokers North Yorkshire joins a community of 30 independent businesses at the business park. With a dedicated team of 12, the company aims to continue offering business and personal insurance and risk management services from its new base to clients across the East Coast of Yorkshire and beyond.
Alison Piercy, managing director of JM Glendinning Insurance Brokers North Yorkshire since the firm’s integration into the JMG Group in 2015, reflected on the move to its new offices.
“We’ve loved being part of Scarborough town centre over the last 45 years, but the opportunity to move the team to a modern office that better suits our needs while still being able to support our clients was too good to turn down. We’re excited for a new era at Wykeham Business Centre and we’re pleased to confirm clients have noticed no disruption and are still be looked after by the same team,” Piercy said.
The company’s successes for this million-pound achievement have been partly attributed to its acquisition by the JMG Group, a deal which was finalised in 2015.
Jake Fox, the group managing director of JM Glendinning Insurance Brokers, also commented on the company’s philosophy that helped it reach this milestone.
“The JMG Group business model specialises in looking after teams so they can look after their clients. This includes handling everything from compliance to staff training. Brokers can focus on doing what they do best, which is winning and retaining work by providing efficient, bespoke broking for their portfolio of high-profile clients in and around Scarborough,” Fox said.
He also highlighted the company’s growth trajectory, with anticipated growth of up to 15% in the current year.
Recently, JM Glendinning Insurance Brokers also announced a major expansion as it acquired Birmingham’s Madoc & Rhodes (Lea Village).
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