Today Jensten announced a strategic reorganisation, positioning the business to drive further growth, bolster continued acquisition success, and expedite the integration of future acquisitions. This transformative move closely follows the recent announcement of Jensten’s successful securing of £170 million in fundraising, solidifying the firm’s commitment to advancing its growth plans throughout 2024 and beyond.
Jensten’s is splitting its Wholesale division, with the Jensten London Market business unit reporting to the core broking trading division under Rob Organ. David Skinner, Managing Director of the 2023 acquisition Berns Brett, and Jensten‘s London and South-East region will assume oversight of the London Markets division.
The Group’s MGA operation, Jensten Underwriting, will now operate as a standalone business unit, ultimately reporting to Alistair Hardie, Group Chief Executive.
Rob Palmer, formerly the Franchise Director of Jensten’s rapidly expanding franchise and network division, will transition to the role of Director of Distribution, also reporting to Rob Organ. In this capacity, he will spearhead the promotion of all Jensten’s services – including network, Wholesale Broking, and MGA products – to both internal and external markets.
These changes highlight Jensten’s commitment to continuous expansion, ensuring that it is strategically positioned to seize future opportunities and deliver outstanding value to its clients in the ever-evolving insurance landscape.
Alistair commented: “Over the past five years, we’ve transformed the MGA into a significant platform, and now it’s time to push for a step change in growth. Our ambition is to triple the premium managed by Jensten Underwriting within the next four years. Rob has excelled as Franchise Director with the network achieving record-breaking premiums in 2024 and experiencing the highest influx of new members since its inception in 1986. I have the utmost confidence in Rob’s ability to excel in his new role.”
As a result of these changes Simon Taylor, Managing Director, Wholesale will be leaving the business with immediate effect.
Alistair continued: “Simon has been instrumental in establishing our London Markets and MGA capabilities, and I would like to thank him for his contribution.”
