Woodstock buys personal lines book from Clear

Endsleigh-owned Woodstock Insurance Brokers has snapped up a personal lines book of business from Clear Insurance Management.

The deal is Woodstock’s 30th in its 10-year history, and provides the broker with a book of 1,200 personal lines policies spead across household and motor insurance.

Woodstock Insurance Brokers general manager David Hadden said: “We are constantly striving to improve our offering to customers, and this acquisition will strengthen our portfolio and service.

“Over the past year, we have concentrated on organic growth, however, this transaction signals our intent to continue to grow Woodstock through obtaining part disposals of personal lines books.”

Clear Insurance Management deputy chief executive Gary O’Donnell said: “Woodstock has consistently proven to be a valuable business partner. We are confident that our clients will appreciate the benefits of the wider offering they can provide.”