The latest acquisition news from Clear Group;
Clear Group announces the acquisition of Spence Insurance, an independent insurance broker based in Scotland’s Central Belt, further strengthening its regional presence and commitment to supporting clients across the UK.
Spence Insurance specialises in commercial insurance and has built a strong reputation for delivering tailored advice and high quality service to its clients. The business has deep roots in the local community, with the Spence family involved in the industry for 50 years and operating from its Bathgate premises for more than 15 years.
The acquisition marks another step in Clear Group’s strategy to expand its footprint in key regional markets while partnering with well established, client focused businesses.
Spence Insurance will continue to operate from its Bathgate office, ensuring continuity for clients while benefiting from the broader capabilities and support of Clear Group.
Mike Edgeley, Group CEO of Clear Group said: ‘Spence Insurance is a highly respected broker with strong local relationships and a clear focus on commercial clients. This acquisition strengthens our presence in Scotland and aligns with our strategy of partnering with high quality businesses that share our commitment to client service.”
Stewart Spence, Managing Director of Spence Insurance, said:
“We are proud of the business we have built over the past three decades and are delighted to be joining Clear Group. This partnership allows us to continue delivering the personal service our clients value, while benefiting from the additional resources and wider capabilities that Clear provides”
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