Jensten Group Acquires MGA, Origin UW
The Jensten Group has completed on a deal to acquire Origin UW Limited, following regulatory approval. Origin UW is a ‘boutique’ MGA, providing commercial insurance solutions for SME businesses and professionals. Origin specialises in writing business for clients with a turnover of up to £50m and is proud to have one of the widest definitions of SME in the market, with appetite to consider 95% of businesses in the UK.
Origin UW describes itself as a modern insurance business which takes a traditional approach to underwriting and service, offering brokers and policyholders something different by doing the simple things well.
For the immediate future Origin UW will continue to function as a standalone brand within Jensten’s wholesale division. All members of the team, including Managing Director Dawn Henderson, will remain with the Group. This acquisition sees Jensten continue its proven strategy of acquiring high quality, entrepreneurial businesses with significant growth potential and leadership teams who put clients first.
Jensten’s Wholesale MD, Simon Taylor commented: “From the outset we knew Origin UW would be a great strategic and cultural fit for Jensten’s existing wholesale proposition. Dawn has built a successful, specialist MGA with a great reputation in the market. This is a fantastic addition to the Group and will be of great benefit to our partner brokers and their clients.”
Dawn Henderson, Origin UW’s MD said: “We’re hugely excited to be joining the Jensten Group. We’re confident this step will allow us to make even more progress in providing excellent products and service to our brokers.”
Alistair Hardie, Jensten Group CEO commented: “Origin UW is a business with a strong track record and an attractive broker and client base. We look forward to supporting the team in unlocking further potential in the business.”