The Clear Group today announces that it has acquired high-net-worth (HNW) specialist broker, Porticus Insurance Consultants Limited. This latest acquisition enhances Clear’s HNW capability alongside a strong existing retail offering.
Porticus was founded in 2003 by Managing Director, Bill Baker. Since then, it has built a strong reputation for serving HNW clients with their insurance needs. This includes providing advice for insuring high-value houses, fine art, jewellery and top of the range cars.
Mike Edgeley, Group CEO, said: “Porticus has a great reputation in the HNW space, and Bill and his team bring a tremendous wealth of experience to our already strong HNW capability. We’re delighted Bill and his team are joining us. This is another example of how Clear invests in and support smaller brokers, adding more services to their clients and expending our own specialities.”
Bill Baker, Managing Director at Porticus Insurance Consultants Limited said: “It was really important that we secured the right home for the Porticus business and its clients. Clear has a strong and growing offering in the HNW space which makes it the perfect fit and we look forward to taking our business to new heights.”