JMG Group continues Midlands expansion with trio of acquisitions

JMG Group has expanded its presence across the Midlands and further enhanced its services with the acquisition of three respected UK brokers; Jukes Insurance Brokers, RP Lovatt and Nene Valley Insurance Practice.

Founded by Igor Jukes in 1963, Jukes Insurance Brokers was taken over by Ivor’s brother-in-law Ken Godsall in 1981, who brought his son Michael into the business two years later. Today, Michael’s son James runs the business alongside operations director Arran Williams. The Bromsgrove based firm opened a Warwick office in 2022 with the acquisition of North Warwick Insurance Services and currently employs 17 team members across two locations.

James says: “Culturally, JMG Group feels exactly the right home for us with the right sort of people who are all on the same page. It’s an exciting chance to continue developing our business, bringing in additional markets and strengths as part of something bigger.”

The acquisition of long-standing broker RP Lovatt will allow JMG Group to extend its reach in Oxfordshire. Established in 1960 by Ron Lovatt, Ron’s son Michael joined the business in 1963, with his grandson Marc coming on board in 2004. The business serves a mixture of commercial and personal clients across the local area.

Marc says he chose JMG Group to help secure a strong future for the business and its team, and enable the team to bring other businesses into the RP Lovatt stable:

“We’ve got a superb team with a combined 70 years of industry experience,” he says. “We’re tried and tested and ready for our next chapter. So far, my dealings with JMG Group have been excellent, the team has been kind, thoughtful and professional while sharing our ambition to grow. I’m looking forward to working together to make the most of this fantastic opportunity.”

Northampton-based Nene Valley Insurance Practice has joined JMG Group business BQI Insurance. The fleet and trades insurance specialist was founded in 2018 by Paul Graham and has grown into a well-trusted business with excellent client retention and a mini-fleet speciality.

Paul says: “I realised the business would benefit from a partner that could help it continue to grow the way I envisioned. After speaking to a former colleague who had gone through the acquisition process with JMG Group, and subsequent conversations with the JMG Group team, I knew I’d found that partner.”

The deals reflect continued momentum for JMG Group in the Midlands and South West, building on its ongoing investment in the region following the acquisition of Boston Insurance Brokers in September 2025, further strengthening its Midlands footprint. This growth is under the leadership of JMG Insurance Brokers regional managing director Alan Percival, who joined the group at the start of 2026 with over 35 years of insurance broking experience and leads on strategy and operations across both regions. Based in Birmingham, he is focused on delivering sustainable organic and acquisitive growth, identifying high-quality independent brokers for acquisition and supporting existing JMG businesses to scale further.

Alan says: “The Midlands continues to be a key focus for us – bringing quality businesses like Boston Insurance Brokers into the group last September, alongside these latest partnerships, shows the depth of opportunity in the region. As part of JMG Group, these well-established brokers strengthen our presence in the area and enhance the breadth of expertise and capability we can offer to clients. I’m looking forward to seeing how, together, we continue to build a dynamic and collaborative region with real momentum for future growth.”