Clear buys ProAktive

Deal

Clear Group has bought Yorkshire-based chartered broker and risk management business ProAktive, Insurance Age can reveal.

Doncaster-headquartered ProAktive, which also has an office in Sheffield, adds £27m in gross written premium and around 50 staff to Clear.

The buy, for an undisclosed sum, has followed on from Clear snapping up Centor Insurance & Risk Management last month.

The latest deal is the 34th purchase since Clear was established in 2001 and takes the group’s GWP to over £330m with over 600 staff across 15 locations.

ProAktive focuses primarily on corporate clients and delivers a range of services, including insurance, risk management, health and safety management, HR and environmental consultancy. The broker’s specialisms include engineering, manufacturing, minerals processing, rail, construction and professional sectors.

Founded in 1975 the broker became the ProAktive Group in 2003. In 2018 group CEO Ian Laycock and group managing director Andy Morley led a £2m management buyout at which time the business had around £20m of GWP.

Clear detailed that Laycock, Morley and group operations director Jodi Cooling and their team will work closely with it “to nurture and maximise opportunities for business growth”.

Track record

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.”

He added: “ProAktive also grows our geographical reach into the north of the UK in line with our long-term ambition to achieve nationwide coverage.”

Laycock commented: “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.”

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