The Clear Group has acquired managing general agent Accelerate Underwriting, which was established in 2015 and controls £19m in gross written premium. The MGA has a focus on non-standard, specialist and niche commercial products, including care homes, guest houses, unoccupied properties, boats and pleasure craft.
Mike Edgeley, group CEO of the Clear Group, said: “This is another key acquisition for Clear as we build at pace a market leading MGA proposition for brokers. Accelerate has a tremendous reputation among its broker partners which is underpinned by its specialist underwriting and technological capabilities.”
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