We’re thrilled to announce the acquisition of A-One Insurance Group (A-One), a major commercial insurance broker in the South of England. This latest deal signals our largest acquisition of a retail broker to date and reinforces our commitment to building a strong regional broking presence as part of our long-term growth strategy.
A-One was established in 1993 and has grown into one of the largest independent brokers in the South of England. With offices in seven locations and employing more than 150 staff, all of whom will be welcomed to Clear. A-One is a top 75 insurance broker controlling premiums in excess of £50m. The business provides a range of commercial insurance solutions to SMEs through to large corporate clients, with strong specialisms in a number of sectors including Property, High Net Worth, Employee Benefits and Personal Lines.
Managing Director of A-One, Ian Penfold, and his experienced leadership team will form a new South West Region for Clear, increasing its regional coverage. A-One will also bring across its strong network of 9 Appointed Representatives and their teams.
Clear CEO Mike Edgeley said: “We have known and have admired the A-One team for many years so are delighted that they are now joining us on our exciting growth journey. Building a strong regional broking presence remains a key part of our long-term strategy and this latest acquisition reinforces that commitment. A One strengthens our position as one of the largest brokers serving the South of England where we already have a strong regional presence. We look forward to welcoming our friends from A-One who I know will bring significant value and experience to our business.”
A-One Managing Director Ian Penfold said: “We have worked hard to build the A-One business across the South of England. Throughout this time, we have enjoyed a great relationship with our colleagues at Clear, often collaborating on ideas and solutions for our clients. So it was an easy choice when deciding on the best home for our business. The future direction of A-One with Clear is an exciting one and we look forward to working with Mike and his team on developing their fantastic business model.”
Source: Clear Insurance Management Limited
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