Clear Group has posted an 11% organic revenue increase for the first quarter of 2025, underscoring the momentum behind its ambitious growth strategy driven by acquisitions, platform integration, and investments in talent and technology.
The announcement follows the broker’s release of full-year results for the period ending October 31, 2024, which revealed a 24.5% year-on-year increase in revenue to £93 million. Adjusted EBITDA rose by 45.8% to £27.7 million. On a pro forma basis—factoring in the impact of acquisitions completed during the year—revenue reached £126.3 million and EBITDA climbed to £44.3 million.
Clear has experienced substantial growth since securing investment from Goldman Sachs, transforming from a 256-person UK retail broker into a multi-line insurance group with more than 1,000 people across the UK and Ireland. The business now operates across the retail, MGA, and London market segments, with ambitions to expand further into continental Europe.
In 2024 alone, Clear completed 12 acquisitions, including London market broker Lilley Plummer Risks, the A-One Group—bringing over 170 employees into the business—and schemes specialist CoverMarque. The acquisition drive has continued into the current financial year, with the addition of Phelan Caswell in Ireland, Protect Underwriting, and C.R. Toogood & Co.
To support this expansion, Clear has launched several operational initiatives aimed at enhancing integration and efficiency. These include migrating its UK retail operations onto a single technology platform and further developing its MGA proposition. As part of its brand consolidation strategy, the group has introduced new identities such as Shape Underwriting and Clear Insurance Ireland.
Investments in people have also been a priority. The group has strengthened its leadership team and launched a Future Leaders Programme in partnership with Warwick Business School to support talent development and succession planning.
Despite a more challenging and competitive market landscape, Clear Group continues to outperform expectations. The strong Q1 performance signals sustained momentum as the business advances its strategic objectives.
