Clear Group continues acquisitive streak with broker buy

Clear Group has continued its acquisitive streak with the purchase of regional broker P W White and Partners Limited, a statement released yesterday (4 December 2023) said.

Amersham-based P W White and Partners is an insurance broker with over 50 years’ specialities experience in insurance solutions across combined liability, property owners and professional indemnity risks.

Mike Edgeley, group chief executive of the Clear Group, commeted: “We are delighted that the general insurance team from P W White and Partners are joining the group.

“They will work closely with our business in Amersham – formerly Luker Rowe – which has just recently moved into fantastic new offices.

“The team join our Amersham business at a really exciting time and will help deliver on the next stage of its growth plans.”

Moves

Clear Group has completed a flurry of M&A activity over the last 12 months, which has seen the business buy over 10 brokers and three managing general agents (MGAs).

For exmaple, Clear bought three brokers, including Cirencester-based Bluestone Insurance Services, with its plan to expand across the country bolstered by moves into the Southwest, Yorkshire and the Midlands, in September.

Commenting on the most recent deal, Edgeley said it was “a great example of both businesses combining to benefit from each other’s expertise and skills and increasing our presence in the area”.

Nick Webb, managing director at P W White and Partners, added: “Becoming part of Clear is a great move for our staff and clients within our insurance portfolio.

“Clear has an exciting long term growth strategy, which was a major attraction when deciding on the future direction of our insurance business.”