Banking and Finance

New real estate insurance business launches in Birmingham

Leeds-based insurance broker firm, JM Glendinning, has appointed an established Birmingham real estate insurance specialist to lead its new Midlands-based office, which launches this week.

Chris Hitch, who has been working in the real estate insurance industry since 2002, will lead the new JM Glendinning Real Estate office, based in the Cornwall Buildings on Newhall Street.

The business will provide a boutique insurance broking service for developers, investors and contractors of all sizes and specialisms.

Chris joins JM Glendinning as director from Lockton Real Estate & Construction where he led their Birmingham real estate business since 2012. Prior to that, Chris worked for Alexander Forbes and JLT. Chris specialises in real estate insurance and in niche areas such as rights to light, defective title, restrictive covenant, project specific insurance and investor portfolios.

Says Chris, “This is a fantastic opportunity for me to introduce and establish the JM Glendinning name in the region as the go-to firm for real estate insurance services. I pride myself on giving clients the best advice and work closely with financial and legal teams to ensure that projects move ahead as smoothly as possible.  Working with the team at JM Glendinning will allow me to focus exclusively on my clients and growing the business.”

Commenting on Chris’ recent appointment, JM Glendinning group managing director Nick Houghton says: “Chris has a deep understanding of the property market and is already very well known in the Midlands real estate market. Each of our eight group companies have been formed through us handpicking the right recruits and growing a business around them. Chris and JM Glendinning Real Estate are welcome additions to our group and we wish them every success.”

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