PIB sets sights on Europe

Brendan McManus

Business to expand into more countries in Europe after buying Optis Insurance in Ireland.

PIB is planning to expand into more European countries, according to chief executive Brendan McManus.

Yesterday the broker confirmed its first deal outside of the UK when it bought managing general agent Optis Insurance in Ireland.

“It won’t be the last acquisition we make in Europe, but it suited us to be in Ireland first,” McManus told Insurance Age.  

“I know the Irish insurance market quite well and obviously with a name like Brendan McManus you can imagine I’ve got a fair bit of Irish

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