JMG Group acquires Kent-based firm

"People-first" approach made the deal successful

JMG Group acquires Kent-based firm

Insurance News

By Noel Sales Barcelona

It was the “people first” approach that cemented a deal between JMG Group and Howe Maxted, an insurance agency based in Kent, according to the group. The agency will now sit alongside JM Glendinning Insurance Brokers’ 12 offices across the UK.

Howe Maxted, which is run by directors Graham Smith (pictured on the left) and John Maxted (pictured on the right), has been helping clients for over a century. Although it joins the JMG Group, all the firm’s 14 staff will continue to operate from its Sidcup headquarters, headed by the existing leadership team.

Commenting on the merger, Smith said the new setup will provide continuity for clients and the Howe Maxted team. He also said that it was a ‘people first’ approach that set JMG Group apart when it was looking for a new home for the business.

“We know the numbers need to work to run a successful business, but I believe that people are the top priority,” Smith said. “The numbers will work when your people are happy, which is why there has always been a ‘people first’ approach at the heart of our business. From our earliest discussions with JMG Group, I felt we were on the same page, and that they were the people to help look after the team and clients, some of whom I have worked with for more than 30 years.”

Meanwhile, Maxted is positive that the merger will allow the leadership team to focus on the next stage of the firm’s journey as part of JMG.

“We were looking for someone who could ‘take away the noise’ and free up more of our time to focus on running and growing our business, rather than on regulatory matters. I’m happy to say that we’ve found that partner in JMG Group, and I’m looking forward to starting our next chapter with their backing,” Maxted said.

JMG Group CEO Nick Houghton also expressed his enthusiasm for having Howe Maxted in the JMG family.

“I am delighted to welcome Graham, John, and the team to the group. Their business has a rich history and they’ve built an enviable reputation and a loyal customer base by putting their clients and their team first. Howe Maxted is exactly the kind of business we are keen to bring into the group, and I look forward to seeing the firm continue to thrive,” he said.  

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