JM Glendinning Group has acquired the Sphere Group. It will continue to trade under the Sphere brand and its seven employees will move to work out of the Newcastle premises used by JM Glendinning Insurance Brokers North East.

Nick Houghton, CEO at JMG Group, said: “Sphere is another great addition to our group, further expanding our coverage both geographically and in the services we provide. The company has an impressive record, particularly in terms of staff and client retention, and it stands out as a business which is well managed and has a quality team that is valued by its clients.”

Alan Oliver, managing director of Sphere Group, added: “We have come a very long way since we set up the business in 2009. We have grown year on year and my team has expanded to support this growth.

“The time was right for the business to move away from the network model of broking and to enter this next phase of expansion. I am excited to work with the other JMG Group businesses and to offer even better access to markets services for our clients’ benefit.”

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