Independent broking group Clear has announced the acquisition of chartered broker and risk management business ProAktive. ProAktive is the 34th broker acquisition made by Clear since it was established in 2001. The Clear Group now handles over £330M in premiums and employs over 600 people across 15 locations.
Yorkshire based ProAktive is a chartered broker and risk management business originally founded in 1975, becoming the ProAktive Group in 2003. With a GWP of £27m, ProAktive focuses primarily on corporate clients and delivers a range of services, including insurance, risk management, health and safety management, HR consultancy and environmental consultancy. The business enjoys a strong reputation in its local market and operates in niche areas of insurance, which will now complement the Clear Group.
In 2018, ProAktive completed a management buyout, which gave control of the business to the long-serving management team led by Ian Laycock and Andy Morley.
Group CEO Ian Laycock, Group Managing Director Andy Morley and Group Operations Director Jodi Cooling and their team of experienced professionals will now work closely with the Clear team to nurture and maximise opportunities for business growth.
The ProAktive deal follows the Clear Group’s acquisition of Centor Insurance earlier this month, which saw Clear strengthen its London presence and capability.
Howard Lickens, Executive Chairman of Clear Group, said: “ProAktive are another great addition to the Clear family. Ian and his team have a long-standing track record of providing clients a valued 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’.
Ian Laycock, Group CEO of ProAktive, said: “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. 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”.