Business

JM Glendinning appoints new group insurer placement director

Neil Reid joins the business following a 27-year career in the insurance industry having started at Norwich Union

JM Glendinning has announced that it has expanded its senior team with the appointment of Neil Reid as group insurer placement director.

Reid joins the business following a 27-year career in the insurance industry having started at Norwich Union.

Prior to joining the firm, he held various roles with brokers JLT, Alexander Forbes and Marsh before setting up his own broker business in 2008, which he sold in 2017.

In his new role, he will work alongside group broking director John Tollerfield in an insurer liaison and management role to deliver the group’s placement strategy.

He said: “I’ve been out of the industry for a few years following the business sale, and I was itching to get back into it.

“I had a few offers on the table, but none of them excited me as much as the opportunity to join JM Glendinning as the business moves into its next phase of serious growth.”

Nick Houghton, group CEO, JM Glendinning, added: “Neil is a fantastic addition to our senior team to help us manage insurer relationships and make sure the terms we secure for our clients reflect the group’s size and scale.”

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