JM Glendinning Insurance Brokers Appoints New Managing Director
JM Glendinning Insurance Brokers has revealed that Jake Fox (pictured) has been promoted to Managing Director, responsible for JM Glendinning’s eight insurance brokerage businesses.
Fox, who joined JM Glendinning in 2015 as a professional liability insurance specialist to establish and lead the firm’s Occupational Risks business, brings more than 20 years of industry experience to his new role. He succeeds Nick Houghton, who became CEO of the JMG group, formed following a management buyout in 2020 and is now responsible for the JM Glendinning activities based in Yorkshire, North East, North West and Midlands. .
Fox will also continue to influence the functioning of the Occupational Risks activity. Commenting on the news, he noted that JM Glendinning is “a progressive and ambitious company” that he is very happy to have the opportunity to lead in its next phase of accelerated growth.
“As Managing Director of JM Glendinning,” he said, “I will work closely with the leaders of our eight companies to support their aspirations through organic and acquisitive growth and quality recruitment, in order to to ensure that we meet our target of doubling our premium income from £ 50 million to £ 100 million over the next five years. We have a fantastic team and we will do it the right way, with a smile on our face. “
Houghton added that Fox is an exceptional business leader and the natural fit to become CEO of JM Glendinning. He pointed out that Fox has built Professional Risks from the ground up to become what is now the best performing division of the group.
“I’ve always said that the success of this business is about finding great people and building businesses around them and Jake is the perfect example of that,” he said. “Anyone who has met Jake before will agree that he is the accomplished professional that it is an absolute pleasure to work with.”