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Announced

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The Clear Group completed the acquisition of HIA International and Luker Rowe.

Synopsis

The Clear Group, an independent chartered insurance broker, completed the acquisition of the a chartered insurance brokers HIA International and Luker Rowe. Financial terms were not disclosed. "We have known the teams at both HIA and Luker Rowe for many years so are confident that they will make a seamless transition to the Clear Group. Both businesses have real expertise in areas including property, pet and event insurance, which will enhance our own capability for operating in niche markets. These deals, once again, demonstrate the flexibility and attraction of our business model, which provides brokers with real choice in the future direction of their business. This can be through a soft succession option or through membership of the Brokerbility network," Howard Lickens, The Clear Group Executive Chairman.

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