The Clear Group has today announced the acquisition of speciality lines MGA, One Commercial Specialty.
One Commercial Speciality offers PI and D&O across a wide range of professions and industry sectors. Directors Dan Mitchell and James Russell will continue to lead the business and play a key role in developing Clear’s MGA proposition.
Mike Edgeley, Group CEO of the Clear Group said: “We are delighted to welcome One Commercial Speciality which will play an integral part in building our MGA proposition and help deliver better customer outcomes across a number of specialist lines of business. Dan and James have built a great business and we look forward to pulling together our different strengths and investing in their ambitious plans to provide a broader and enhanced proposition to brokers."
Dan Mitchell and James Russell of One Commercial Speciality jointly added: “The investment which the Clear Group has made in our business will make a significant difference to our brokers and their clients. Clear is a great cultural fit and provides a stronger base for our business, and we look forward to working with the Clear management team to deliver an even more compelling proposition to our broker partners."
Earlier this month, the Clear Group announced the acquisition of a 50% shareholding in Thomond Underwriting, based in the Republic of Ireland and Northern Ireland.
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