This acquisition aligns with our ongoing strategy of acquiring high quality commercial insurance brokers, especially those with a differentiated proposition.
Clear has enjoyed strong growth since our launch in 2001, providing a succession solution for 26 businesses. The group, including fellow Chartered Insurance Brokers MPW and Morrison Insurance Solutions now employs over 260 staff across six locations, providing a wide range of commercial insurance products to the mid-market and SMEs.
Light & Legal Indemnity Solutions now joins the group and adds substantially to CLEAR’s rights of light and legal indemnity teams. Led by Dean Perkin, the team all have a background steeped in this very specialist niche product. Over the past 10 years Dean has played an integral part in the development and evolution of rights of light products.
The businesses complement one another well as Clear has a strong property and construction capability from performance bonds to building warranties, house building to infrastructure and high-rise construction. Clear provides complete insurance solutions and insightful advice to investors, developers, surveyors, lawyers, managing agents and other professionals in this dynamic sector of the economy.
Howard Lickens, Clear's CEO said: “Dean and his team are a great addition to our growing business and will certainly enhance our capability in this area. Dean has deservedly earned a great reputation in the market. It’s an exciting start to 2020 and we are planning to unveil more acquisitions throughout the year with the full backing of our PE partner ECI.”
Dean Perkin, Managing Director of Light & Legal Indemnity Solutions said, “I am very excited that by joining forces with Clear, we now boast an unrivalled capability for legal indemnities and rights of light insurance unmatched by any other independent broker”.
We look forward to welcoming Dean Perkin, Vicky Kancheva, Felix Corbett and Hollie Breen in early March, when they join our London office on Great Tower Street.