Latest acquisition brings Clear Group’s GWP to over £330 million

Yorkshire broker "another great addition"

Latest acquisition brings Clear Group’s GWP to over £330 million

Mergers & Acquisitions

By Terry Gangcuangco

The Clear Group family has just got bigger with the arrival of Chartered broker and risk management firm ProAktive.

Originally founded in 1975, the Yorkshire-based business came to be known as the ProAktive Group in 2003. A management buyout was completed in 2018, giving control to the team led by group chief executive Ian Laycock and group managing director Andy Morley.

The broker acquisition, which is Clear’s 34th since 2001, sees the group’s gross written premium increase to more than £330 million, with ProAktive contributing £27 million in premiums.

“We are excited to be joining forces with the Clear Group in a deal which will enhance ProActive’s capability to further support our clients and their ambitions,” said Laycock, who is also supported by ProAktive group operations director Jodi Cooling.

“Our risk management services, combined with Clear’s commitment to investment in our business and people will certainly increase the value we can offer to clients.”

With the swoop, financial terms of which were not disclosed, Clear now employs in excess of 600 people across 15 locations.

“ProAktive is another great addition to the Clear family,” commented Clear executive chair Howard Lickens. “Ian and his team have a longstanding track record of providing clients a value-based offering. 

“They will certainly enhance our proposition, particularly in the areas of risk management where they have an outstanding reputation. ProAktive also grows our geographical reach into the north of the UK in line with our long-term ambition to achieve nationwide coverage.”

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