Clear Group continues UK retail expansion with latest acquisition
By Edward Carron
June 18 - (The Insurer) - Clear Group has acquired C R Toogood & Co Limited and two other affiliated companies, the broker said on Wednesday.
The acquisition will enhance Clear Group's UK retail capabilities and strengthen its presence in the South of England, adding to its existing offices in Horsham and London.
C R Toogood & Co, a third-generation family business led by Peter Toogood, is a commercial insurance broker based in East Horsley, Surrey. Its portfolio includes commercial insurance, employee benefits, life insurance and mortgage broking.
The firm reported gross written premiums of 14.5 million pounds ($19.5 million) in 2024 and employs 19 professionals.
As part of the acquisition, Clear Group will also acquire affiliated businesses Crisp Specialist Risk and Lanning Toogood Limited, with directors Marcus Crisp and John Lanning joining Clear Group.
This is the latest in a string of acquisitions by the Goldman Sachs-backed broker consolidator's UK retail arm, following recent deals for Moore Robinson, Phelan Caswell in Ireland and specialist schemes business CoverMarque.
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