PIB Group buys Lorica


Lorica Insurance Brokers has been bought by PIB Group for an undisclosed sum.

The deal is PIB’s thirteenth investment in 21 months.

Lorica will continue to be led by joint CEOs Stefan Puttnam and Carlo Marelli.

Puttnam is responsible for broking and finance operations while Marelli oversees the operations side of the business including compliance, claims, IT, HR and marketing.

They are supported by a management team and approximately 100 employees located across a network of nine branches

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected].

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have an Insurance Age account, please register now.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: