Clear Group snaps up legal indemnities broker
Clear Group has made its 36th acquisition with the purchase of legal indemnities broker LawSure Direct for an undisclosed sum.
Based near Gatwick, LawSure Insurance specialises in insurance solutions for solicitors and their clients and handles in excess of £2.8m gross written premium.
The specialist team of nine work across classes of business including title insurance for conveyancing solicitors and developers, wills and probate covers for probate solicitors and M&A and tax indemnity insurances for corporate lawyers.
Clear Group stated that the LawSure team, led by Mandy Brown and Brian Hall, will now work closely with its existing legal indemnities operation.
The team will move to Clear offices located in Horsham from November and will continue to trade as LawSure (and Assured Indemnities in Scotland).
Mike Edgeley, group CEO of the Clear Group commented: “LawSure is another great addition to the Clear Group and will clearly enhance our legal indemnities offering to clients. We look forward to working with Mandy, Brian and their team as they join us on our exciting growth journey.”
Recent deals
At the beginning of last month, Clear bought GSI Commercial Services in its first deal to complete since Goldman Sachs invested in the broker.
The week before, the broker set out a route of acquisitions and organic growth to reach the target of doubling its GWP by the end of 2025.
In June 2022 the broker swooped for Yorkshire-based chartered broker ProAktive, which followed the purchase of Centor Insurance & Risk Management.
At the beginning of the year Clear purchased Kent Insurance Brokers in its first deal of 2022.
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