Insurance Times Advent Calendar: Mike Edgeley
As we enter the second week of December, Mike Edgeley, group chief executive at intermediary The Clear Group, applauds the role of UKGI and hopes the regulator has plans for a quieter new year
This week’s biggest M&A stories
Insurance Times rounds up the biggest M&A news stories from 4 November to 8 November
Clear Group continues acquisition spree with broker buy
’With Clear Group’s support, we are well positioned to grow even faster,’ says managing director
This week’s biggest M&A stories
Insurance Times rounds up the biggest M&A news stories from 28 October to 1 November
Clear Group acquires £50m GWP broker to create new regional presence
’Building a strong regional broking presence remains a key part of our long-term strategy and this latest acquisition reinforces that commitment,’ says chief executive
Clear Group makes largest acquisition to date with Lloyd’s broker purchase
The deal will add £150m of GWP to its wholesale proposition
The Big Question: Following M&A, how do leadership changes impact company culture and staff retention?
With M&A still a prominent feature of the insurance market, firms must take people considerations into account within these processes because senior staff exits post-acquisition can have organisational ramifications
Briefing: ‘Tis the season to be jolly?
Macroeconomic circumstances have buffeted the UK general insurance market in recent years – that trajectory looks set to continue as 2024 comes to a close and pressure points still pinch firms
Acquisitive brokers facing M&A supply shortages
As the supply of sizeable UK commercial brokerages is dramatically shrinking, acquisitors are being forced to seek targets overseas, or look at MGAs and wholesale brokers.
Opinion: ‘Industry’ versus ‘profession’ – are we selling ourselves short?
Editor Katie Scott digs into the differences between these two descriptors and explores which best defines insurance
Howard Lickens: Clear Group ‘deliberately fussy’ about M&A targets
’This will be by far the biggest year we’ve ever had and I’d expect that to accelerate,’ says executive chairman
Mike Edgeley: The Clear Group aims to create ‘more efficient and structured’ business over 18 months
The broker intends to keep its ‘very people orientated’ DNA, but will continue work on ‘rationalising our IT’ and delivering ‘growth ambitions’, says group chief executive
Mike Edgeley: The Clear Group has ‘very healthy’ M&A pipeline that is ‘sticking to knitting’ in UK market
However, the intermediary’s group chief executive reveals he ‘will be keeping a weather eye’ on M&A opportunities around MGAs and Ireland-based businesses too
Ian Millard: Clear Group is ‘by far the best home’ for Morrison Insurance Solutions
Generalist brokers must specialise to effectively advise clients, recommends broker managing director
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