PHELAN Caswell Insurances [PCI] has been acquired by Clear Group. This includes the financial planning assets of the business.

Formerly BHP Insurances Ltd, PCI was founded in 1998 and has established itself as a leading provider of insurance and financial planning services across Ireland.

The business provides comprehensive insurance offerings to over 2,500 clients nationwide, specialising in commercial insurance types and sectors such as construction, hospitality and events.

In 2023 it acquired EBIB Insurances, a well-established equine insurance broker based in Naas.

More recently, it invested in the book of business of Sweeney Walsh and Associates, a long-established equestrian brokerage in Clonmel.

Mike Edgeley, CEO of the Clear Group said: “Phelan Caswell Insurances is a quality broker which adds significant value to our growing presence in Ireland. Mark and his team are highly regarded across the Irish market. I’m sure they will thrive from being part of the Clear family as we continue to bolster our presence in Ireland.”

Mark Phelan commented: “Partnering with Clear is great news for our clients and staff. With support from the wider Irish business we will be able to provide an enhanced range of products and services, leveraging the strength of a larger organisation.

“This means we have greater access to specialist expertise and solutions tailored to our clients’ evolving needs, with the ultimate effect of improving our proposition and service to our customers. Clear also gives us access to new markets and improved support through its extensive resources. Most of all Clear was a standout in terms of its people and values.”