Reinsurance News

Jensten Group acquires MGA, Origin UW Limited

5th August 2022 - Author: Jack Willard

The Jensten Group, one of the UK’s leading insurance distribution businesses, has completed a deal to acquire managing general agent (MGA), Origin UW Limited, following regulatory approval.

Origin UW is a ‘boutique’ MGA that provides commercial insurance for SME businesses and professionals.

Origin also specialises in writing business for clients with a turnover of up to £50 million. The MGA also has one of the widest definitions of SME in the market, with appetite to consider 95% of businesses in the UK.

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.

At the same time, 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.

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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, added: “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.”

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