Clear Group Buys Lloyd’s Wholesale Broker Newman Pearce & Partners
The Clear Group, the London-based independent insurance intermediary, announced the acquisition of Newman Pearce & Partners LLP (NPP), a specialist Lloyd’s wholesale broker, further strengthening its presence in the London market and accelerating its wholesale growth strategy.
(Editor’s note: A previous version of this article incorrectly highlighted an earlier acquisition by Clear Group. Insurance Journal apologizes for this error.)
Financial details of the acquisition were not disclosed.
Founded in 2019 by Gordon Newman, Neil Pearce and Colin Rogers, NPP is an independent Lloyd’s wholesale broker providing specialist broking services to retail brokers and coverholders seeking access to the Lloyd’s market. The business has established expertise across Global Specialty, International Liability, Construction, Offshore Marine Liability and Specialist Property.
Headquartered in London, NPP employs 24 people and has built a highly international business, with approximately 95% of its portfolio originating from overseas markets. Its core territories include Canada, Australia and the United States, alongside established distribution relationships across Turkey, Africa and India.
The business has experienced strong growth, increasing revenue from circa £5 million in FY25 to circa £7 million in FY26, while gross written premium has grown from approximately £70 million to £120 million over the same period. This growth has been driven off the back of NPP’s very strong reputation in the market, strong referral relationships, and the expansion of its specialist capabilities through targeted hiring.
NPP has also expanded its international proposition through the launch of Silverstar Insurance Intermediaries Ltd, a Canadian managing general agent (MGA) that began underwriting in September 2025. Silverstar specialises in general and professional liability solutions for the natural resources sector.
The acquisition represents a significant milestone in Clear’s strategy to grow its London wholesale operations. Clear already has an established wholesale presence through Lilley Plummer Risks Ltd. (LPR ), and the addition of NPP significantly broadens both the group’s specialist capabilities and its international footprint, extending Clear’s reach into new territories including Canada and Australia.
Importantly, NPP’s areas of expertise are complementary to LPR’s existing portfolio, creating an expanded offering for retail brokers and coverholders without overlapping existing business. Together, the businesses will enhance Clear’s ability to provide access to specialist Lloyd’s solutions across a wider range of sectors and international markets.
“The London wholesale market is a key strategic growth area for Clear, and NPP is an outstanding addition to the group,” commented Mike Edgeley, group CEO of Clear Group.
“The business has built an excellent reputation, an impressive international client base and a highly respected team with deep specialist expertise,” Edgeley said. “Their capabilities are highly complementary to our existing wholesale business, broadening our proposition and strengthening our ability to serve brokers and clients across the London Market. We are delighted to welcome Gordon, Neil, Colin and the wider team to Clear.”
“Since founding the business in 2019, we’ve focused on building a specialist Lloyd’s wholesale broker with strong technical expertise and international reach,” according to Neil Pearce, CEO and Co-Founder of NPP. “Joining Clear represents an exciting next chapter, giving us access to additional resources while preserving the entrepreneurial culture and specialist focus that have underpinned our success. We look forward to working with our new colleagues to continue delivering exceptional service for our broker partners and clients.”
“It’s fantastic to welcome NPP into Clear’s London markets pillar. NPP bring a highly complementary specialism and international reach that will open up new opportunities for both of our businesses, and for the brokers and coverholders we serve,” said Dan Plummer, managing director of LPR.
NPP will continue to operate from its London office at John Stow House, 18 Bevis Marks, London EC3A 7JB, working closely with Clear’s existing wholesale businesses while continuing to support its retail broker and coverholder partners.
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ANV Agree to Acquire Warranty MGA, Car Care Plan
ANV Group Holdings Ltd., the London-based insurance intermediary platform, announced it has entered into a definitive agreement to acquire Car Care Plan (CCP), a UK provider of motor warranty and a market-leading warranty managing general agent (MGA), from AmTrust Financial Services Inc.
Financial details of the transaction, which is expected to close around the end of September 2026, were not disclosed.
Founded in 1976, CCP provides vehicle warranties, asset protection products, and after-sales support and administration, serving more than 30 original equipment manufacturers, 2,500-plus dealers, and customers across approximately 100 countries.
Over nearly 50 years, CCP has built a differentiated platform spanning product design, underwriting, claims handling, administration, and customer support, underpinned by decades-long OEM relationships and a globally recognized brand.
The transaction includes Dent Wizard Ventures (DWV) in the United Kingdom, a market-leading mobile bodywork, paint, and alloy wheel refurbishment and repair company, as well as all overseas subsidiaries of CCP, including those in the United States, Europe, Turkey, and China. Together, these businesses establish ANV as a scaled player in the warranty market, complementing ANV’s existing Credit & Protection platform.
“Car Care Plan is a best-in-class franchise with deep and long-standing OEM and dealer relationships, and differentiated underwriting, claims, and administration capabilities that are difficult to replicate,” said Adam Karkowsky, chairman and chief executive officer of ANV, in a statement.
“This acquisition is fully aligned with ANV’s strategy of partnering with MGAs in attractive markets, and it establishes a scaled platform in the warranty vertical. We’re excited to work with Ben Russell and the team to support the company’s next phase of growth,” Karkowsky added.
CCP CEO Ben Russell and the current leadership team will remain in place, preserving the culture, service standards, product offering, and underwriting approach that have defined CCP for 50 years, ANV said.
CCP will continue to operate under its existing brand, with the same points of contact for OEMs, dealers, and customers. AmTrust will remain CCP’s long-term underwriting partner, continuing to underwrite the existing books of business under a long-term capacity agreement, ensuring a seamless transition for clients and partners.
“This marks an exciting new chapter for Car Care Plan,” said Ben Russell, chief executive officer of Car Care Plan. “ANV’s long-term investment approach, capital strength, and global platform are ideally suited to accelerate our growth while preserving the brand, service, and relationships our clients know today. We are confident this is the right home for our business, our people, and our customers.”
Topics Mergers & Acquisitions Auto Agencies Excess Surplus Insurance Wholesale Lloyd's
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