Goldman Sachs Asset Management-backed The Clear Group completed the acquisition of One Commercial Specialty.

Goldman Sachs Asset Management-backed The Clear Group, an independent chartered insurance broker, completed the acquisition of One Commercial Specialty, an offeror for regional independent brokers of a comprehensive line of commercial insurance products and innovative trading options. Financial terms were not disclosed. “We are delighted to welcome One Commercial Specialty, which will play an integral part in building our MGA proposition and help deliver better customer outcomes across specialist lines of business. Dan and James have built a great business and we look forward to pulling together our different strengths to provide a broader and enhanced proposition to brokers," Mike Edgeley, The Clear Group CEO.