MG Group announces latest acquisitions

U.K.-based insurance broker JMG Group Investments Ltd. has acquired U.K.-based BQI Insurance Brokers, a trading name of BQI Group Ltd., and its sister firm BQI Protection Ltd., for an undisclosed amount, Verdict reported. The acquisition of BQI Insurance is likely to enhance JMG’s presence in the liability, construction, and fleet insurance sectors. BQI Protection specializes in business protection, personal cover, and employee benefits.