The Jensten Group was formed in 2018 following a management buyout of Coversure Insurance Services Group (CISG). It is comprised of a retail insurance division, Coversure, leading online insurance wholesalers, Policyfast, and the specialist underwriting business, City Underwriters Limited (CUL).
The business’s origins date back to 1986 when Coversure was established to provide communities with a good value, local insurance broking service using a franchise model. This provided insurance entrepreneurs with the opportunity to own and run their own brokerages while enjoying an umbrella of centralised support services. The business grew rapidly and today there are over 90 Coversure offices located throughout the UK.
In 2006 as part of its ambitious plans for growth, CISG created Policyfast, an online MGA, to offer brokers a flexible quote and buy service across a wide range of products. This was followed in 2010 by the acquisition of the specialist underwriting firm Stevenson Price, subsequently rebranded as City Underwriters Limited, in order to complete the Group’s service offering.
Following 2018’s buyout, the Group has continued to grow organically and has established a mergers and acquisitions function to accelerate its development and that of its offices. In 2020 it announced the purchase of Senior Wright and HTC Associates Limited followed by Packetts and Advance Insurance Agencies in 2021 and plans for further expansion are well advanced.
2020 also saw a change in leadership with Alistair Hardie joining the business as Jensten Group’s CEO. With over 35 years of industry experience and a track record of delivering growth, Alistair is the ideal person to lead the business as it enters another period of exciting developments.
The Jensten Group remains committed to its founding values of integrity, professionalism, innovation and to providing positive outcomes for customers.