Two UK insurance deals: Clear buys broker C.R. Toogood, ANV picks up warranty MGA Car Care Plan
What's the deal? Two London-based insurance intermediaries announced UK acquisitions. The Clear GroupDealroom has a profile for this one. Try Dealroom → bought commercial broker C.R. Toogood & Co.Dealroom has a profile for this one. Try Dealroom → of East Horsley, Surrey, while ANV Group HoldingsDealroom has a profile for this one. Try Dealroom → agreed to acquire warranty managing general agent (MGA) Car Care PlanDealroom has a profile for this one. Try Dealroom → (CCP) from AmTrust Financial ServicesDealroom has a profile for this one. Try Dealroom →. Neither deal disclosed financial terms.
What each company does: C.R. Toogood is a third-generation family business offering commercial insurance, employee benefits, life insurance, and mortgage broking. It posted gross written premiums of £14.5 million in 2024 with 19 staff. CCP, founded in 1976, provides vehicle warranties and after-sales support to more than 30 original equipment manufacturers, over 2,500 dealers, and customers in roughly 100 countries.
What's the rationale? Clear said the deal deepens its UK retail footprint in the South of England. The transaction also folds in two affiliated businesses, Crisp Specialist RiskDealroom has a profile for this one. Try Dealroom → and Lanning ToogoodDealroom has a profile for this one. Try Dealroom →, whose principals Marcus Crisp and John Lanning join Clear.
What ANV gains: The CCP purchase includes Dent Wizard VenturesDealroom has a profile for this one. Try Dealroom →, a UK bodywork and repair firm, plus overseas subsidiaries in the US, Europe, Turkey, and China. ANV said the deal makes it a scaled player in the warranty market, complementing its Credit & Protection platform.
Clear chief executive Mike Edgeley said the firm has "known the Toogood team for over 15 years and share a common ethos." ANV chairman and chief executive Adam Karkowsky called CCP "a best-in-class franchise with deep and long-standing OEM and dealer relationships."
Why now? The ANV transaction is expected to close around the end of September 2026. Peter Toogood, managing director of C.R. Toogood, said Clear is "the right partner to take us forward."
The signal: Two deals in one day point to continued consolidation among UK insurance intermediaries, with acquirers targeting specialist brokers and MGAs to add scale and niche capabilities.
Read more: insurancejournal.com
Image credit: Generated with Gemini
