Clear Group acquires Centor Insurance & Risk Management

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The Clear Group has acquired Centor Insurance & Risk Management, an award-winning insurance and risk management broker in the City of London.

Centor is Clear’s second-largest acquisition to date and the 33rd broker that Clear has acquired since it was established in 2001. The Group now handles over £300m in premiums and employs over 550 people across 13 locations.

Commercial insurance focused Centor was founded by CEO Neil Walton in 2004. Since then, the business has grown significantly by providing its clients with a range of business and personal insurance solutions. Centor now handles GWP in excess of £40m with revenue exceeding £6m per annum. The business also has a strong reputation in the London market which will complement Clear’s current portfolio.

Neil Walton and his team of over 50 experienced professionals will now work closely with the team at Clear to maximise opportunities to grow the business.

Neil and his team have a great reputation for providing a market leading proposition to their clients.  The business also has a strong track record in niche areas including property that will complement Clear’s own expertise.”

Howard Lickens

Executive Chairman, Clear Group

We’re delighted to be joining the Clear Group.  Although we spoke to many potential buyers, Clear was undoubtedly the best home for our business.  It’s culture, focus on niche markets and opportunities for our staff make it the perfect fit.”

Neil Walton

CEO, Centor Insurance & Risk Management

We’re delighted to continue supporting Clear in buying high quality brokers with great people, and Centor epitomises that. Clear will now handle over £300m of GWP and we look forward to continued growth, including through further M&A.”

Paul McCreadie

Partner, ECI Partners

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