A nine-year-old independent broker in Redhill has become the latest addition to one of the UK’s most active insurance consolidators.
JMG Group has acquired Langton London Insurance Brokers and its associated MGA Portsoken Ltd. The deal brings a specialist commercial operation and a delegated authority underwriting platform under its umbrella in a single transaction.
Langton London was built by directors Eddie Ferrao (pictured, left) and Tony Gutteridge (pictured, right) from the ground up. The business has grown to £7 million in gross written premium with 14 staff. It operates across commercial insurance, professional indemnity, cyber, recruitment, and specialist SME risks.
Portsoken runs alongside it as a separate underwriting arm. It writes delegated authority schemes across recruitment, professional indemnity, cyber liability and the textiles sector, including fashion, manufacturing and wholesale.
The deal extends JMG’s regional footprint across Surrey and South London. It also deepens the group’s capability in cyber and complex SME markets.
JMG has significant backing behind its expansion. Private equity firms GTCR and Synova completed their acquisition of the group in October 2025. At that point, JMG placed more than £350 million in gross written premium annually and employed more than 800 staff across the UK. The group completed more than 20 acquisitions in 2024 alone.
Ferrao said joining JMG removed the operational friction that constrains smaller independents.
“We reached a point where we wanted to take the business to the next level, and joining JMG gives us the support to do that,” he said. “It has already removed much of the administrative and compliance burden, allowing us to focus more on clients, and we are already seeing the benefits of being part of a larger group.”
Nick Houghton, chief executive of JMG Group, said the transaction reflected the group’s approach of backing brokers rather than absorbing them.
“Eddie, Tony and the team are passionate about what they do and are hungry to grow their business while keeping a clear focus on clients,” he said. “The Langton team is highly regarded, and our role is to support them, remove barriers and allow them to do what they do best.”
The Portsoken acquisition reflects conditions in the cyber market that are hard to ignore. UK commercial lines gross written premium rose 4.6% to £40.91 billion in 2025. Cyber was the standout class, growing at 13.5%.
GlobalData found that 63% of medium-sized businesses already have cyber cover in place. Small and micro enterprises are projected to expand at a 13.34% compound annual growth rate through 2031.
For a specialist MGA with delegated authority in cyber liability and professional indemnity, this represents a substantial opportunity. JMG’s acquisition of Portsoken gives the group a platform with existing schemes, expertise, and broker relationships already in place.
