Business Moves: Group Clear Group will get a HNW Protectwriting Specialist; Optio buys a PI uk pi mga specialist, Custodian Management

Clear Group’s insurance includes HNW specialized protection
Subscription London-based public prosecutor has acquired Protectwriting LLP, a MGA specialist in high-value business.
The financial details of the deal were not revealed.
The company said that this transaction constitutes the first acquisition of a subscription since its commercial mark was renamed and enhances its ambition to become a leading force in the specialized market. (Clear Group, the independent intermediary group, announced this month that it renamed the Department of the Administrative General Agency to “insurance”.)
Mandy Hunt, Managing Director of the IPO, commented: “Protect brings exceptional investment experience and a busy record. Their focus on quality and sustainable growth is fully compatible with our strategic direction. This acquisition represents a great step in the development of the shape and expands our arrival scope.”
“We are excited to join the subscription,” he said. Jonathan Ross, London-based Protectwriting LLP.
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MGA Optio Group buys a professional compensation specialist in the United Kingdom, the Guardian Management
Optio Group, the London-based MGA specialized platform has announced that it has obtained Cranleight, Custom Management Ltd.
The financial details of the treatment have not been revealed, which are subject to organizational approval.
Founded in 2013 by the Director General, Zahid NafiOptio said in a statement that Custom Management Ltd. She slept to become a respectable and successful professional specialist (PI) and a management responsibility specialist.
With the clear focus on the profitability of the subscription, the Custodian administration has moved into the markets of trust and flexibility, and provides strong results for its capabilities, noting that the deal will enhance the current PI’s suggestion, which is another important step in its ambition to create a diverse platform.
“The experiences of the institution’s subscription to the bird, the strong mediator relations, and strong support for the capabilities make it an occasion for a natural strategy in the growing Optio portfolio,” commented Depac SonyCEO of OPTIO Group.
Sony added: “This deal depends on the momentum of our continuous strategy that targets high-quality MGAS and specialized worldwide, which confirms our commitment to strategic growth and the distinction of subscription and solutions that focus on the customer.”
Gary HaidCUO of Optio Group, said: “Zahid and the team are suitable for Optio, where they have consistently sustainable profits for their insurance partners in a market specialized in the market. They combine the first-class brokers’ service with responsive subscription, flexibility, and profitability. We are very looking to welcome them on board.”
In addition to its strategic investments in the Italian MGA, HECA SRL, the previous OPTE’s acquisitions include: MGA Den Hartight and Luxembourg Group.
Consultative insurance partners (IAP) worked as an exclusive financial advisor for OPTIO in this deal.