John Morgan Partnership acquire John Pearce Insurance Services

John Morgan Partnership Ltd. (JMP) are pleased to announce they have been chosen to take over the business of John Pearce Insurance Services Ltd, based in Didmarton, Gloucestershire.

Managing Director John Pearce is retiring after 54 years in business and has chosen JMP to look after his long-standing clients moving forward.

After providing personal service to his clients for so long, John felt that many had become close friends. Therefore, it was of vital importance to him that they had the right team looking after them in future.

JMP, led by John Phillips, has always demonstrated the same customer-first philosophy in their business as Pearce. Based in the heart of Cheltenham and with outstanding access to the London insurance markets, aligning with JMP gives John Pearce complete peace of mind that his clients are in safe hands.

John Phillips, Managing Director, JMP –  “This is the first acquisition we have made in already exciting times for us as an organisation. JMP offers a personal approach to all clients, which many larger brokers lack. During 2017 we experienced a 32% growth because of our bespoke service. This is a fantastic way to start 2018. On behalf of all at JMP, I would like to wish John Pearce a very relaxing retirement. I would also welcome similar conversations with brokers who may be looking to step down or retire.”

John Pearce, Managing Director, John Pearce Insurance Services – “I would like to thank all my clients for their business over the years. I am reassured that JMP will continue to provide the best possible customer care for you.”

In the next twelve months, John Morgan Partnership are looking to launch two new niche schemes into the market whilst also expanding their commercial team. Further announcements will follow.