Clear Group acquires commercial and personal specialists

Clear Group has strengthened its presence on the south coast with the acquisition of Pangea Insurance Brokers and Pangea Life.

The Pangea group are specialists in commercial and personal insurance, employee benefits and business protection, with it generating an annual income in excess of £3m.

The business has grown to a team of more than 30 insurance professionals, who will all now join Clear Group.

Mike Edgeley, group chief executive at Clear Group, said: “This acquisition demonstrates the continued momentum behind the Clear Group model. By bringing together high performing, independent businesses like Pangea, we are building a group that combines local expertise with national scale.

”Pangea’s strong client relationships and specialist capabilities make them an excellent fit for Clear Group and we’re excited to support their next phase of growth.”

‘Positive outcome’

Pangea is owned and led by Michael Piper and Stephen Goulter.

Clear Group said that the ”business gains access to enhanced scale, broader market reach and additional resources, while retaining the personal service that have been central to its success”.

Piper added: “Joining Clear Group represents a highly positive outcome for both our clients and our team. It provides continuity and stability, while also giving us access to the scale and resources of a larger group, all without compromising the personal service we are proudly known for.

”We believe this partnership offers the ideal platform to strengthen and expand our presence in the local area and we look forward to the opportunities it will bring and working with other brokers within Clear Group.”