JMG Group marks 50th deal with acquisition of Profile Insurance Services

Guiseley-headquartered insurance intermediary JMG Group has completed its 50th acquisition since a 2020 management buyout, with London-based Profile Insurance Services becoming the latest firm to join its growing national portfolio.

Founded in 1997 by managing director Melanie Burns, Profile Insurance Services initially gained prominence for its work with high-net-worth footballers, before evolving into a broader commercial and personal lines brokerage. The seven-strong team is recognised for its high client retention, long-standing relationships, and a personal, service-led approach.

The deal is consistent with JMG Group’s strategy of investing in independent, values-driven brokers while allowing them to retain operational independence. The Group offers back-office and compliance support, insurer relationships and wider market access, enabling acquired firms to focus on growth and client service.

Melanie Burns, MD of Profile Insurance Services, said: “This is a significant milestone for us. Joining JMG Group gives us the stability and resources to grow sustainably while maintaining the values and relationships that define our business. Our clients will continue to work with the same team, now with added support behind the scenes.”

Nick Houghton, CEO of JMG Group, added: “Reaching our 50th acquisition is a proud moment, but our focus remains on partnering with quality, like-minded businesses. Melanie and her team have built a stable, client-focused brokerage, and their experience will enhance our group proposition. We’re looking forward to supporting their next chapter.”

JMG Group, based in Guiseley, Leeds, has expanded rapidly over the last four years, acquiring more than 50 firms across the UK. The group maintains a decentralised structure, empowering local broker leadership while providing centralised infrastructure to support long-term growth.