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Clear Group snaps up HNW MGA

Mandy Hunt

Shape Underwriting has acquired private client and high-net-worth specialist managing general agent Protect Underwriting.

This transaction marks Clear Group-owned Shape Underwriting’s first acquisition since it rebranded last week – and its fifth in total in the MGA space.

Mandy Hunt, managing director of Shape Underwriting, pictured, commented: “Protect brings exceptional underwriting expertise and a strong track record. Their focus on quality and sustainable growth fits perfectly with our strategic direction.

“This acquisition marks a significant step in Shape’s evolution and broadens our reach.”

Investment

Jonathan

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Atec buys Moorhouse from Lucida

Atec Group, owner of digital niche personal lines broker Ceta and managing general agent Arkel, has added to its stable and moved into the SME market buying Moorhouse from Lucida.

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