Over the past 4 years Jensten has grown from being a franchise distribution network to become a leading UK insurance intermediary with established multi-channel distribution, including Lloyd’s and London Market Broking, and a significant underwriting business.
This transformation has been led by Alistair Hardie who joined the business in 2020 as Group CEO following the MBO, backed by Livingbridge, two years earlier.
Today, having successfully achieved what he joined to do, Hardie announced that he is stepping down from the Jensten Group CEO role to allow him to pursue a number of non-executive opportunities elsewhere, something that the Jensten Group Board has supported him with over the past 6 months.
As part of succession planning Rob Organ was promoted to CEO broking earlier this year and is now stepping up to Group CEO with immediate effect.
Organ, previously CEO of Bluefin Insurance Group, joined the Jensten Group board in September 2021 following the acquisition by Jensten of Tasker Insurance Group, the business he had acquired and grown following the sale of Bluefin to Marsh in 2017. The acquisition of Tasker was quoted at the time as being transformational, in part due to the leadership and succession capabilities it brought to Jensten.
Tim Wright, Chair of Jensten, stated:
“Alistair and the team have done a remarkable job building the business over the past few years and we’re excited about the growth plans for next few chapters. I am personally particularly grateful to Alistair, for the instrumental part he has played.”
Alistair Hardie commented:
“Without doubt, it has been an incredible period for the business and the people within it. I am immensely excited about the team we have built who I know will now do the business, its employees and its investors proud.”
Robert Organ said:
“I’m delighted to lead a business that, like Ed and Graeme, I’m extremely passionate about. We have fantastic people and exciting times ahead of us.”
Organ who takes over the role with immediate effect, will be supported by Ed Hannan, Group CFO, who joined the business following the original MBO in 2019, and Graeme Lalley, Group COO, who also joined Jensten as part of the Tasker acquisition in 2021.
Hardie will remain as a shareholder and Board Advisor.
For further information, please contact:
Ant Gould, Full Circle Corporate Communications
E: agould@fullcirclecomms.co.uk
M: 07976 354214
Jensten
Jensten is one of the UK’s leading insurance intermediary businesses. Through its six divisions – Network Broking, Regional Broking, Schemes Broking, Specialist Lines, London Market Broking and Underwriting – the Group provides tailored insurance solutions to a wide range of clients, either directly or via independent third-party broking partners.
Since launching in 2018, Jensten has created a business that stands out in a crowded marketplace; with a reputation for putting clients and people first. As a result of organic growth and a series of strategic acquisitions – the Group is a Top 10 Independent Broker and now places more than £600m GWP into the market. Jensten employs over 1,000 people across 35 locations, and partners with 85 entrepreneurial franchise holders.