PIB confirms Fish Insurance buy
First acquisition for Brendan McManus-led business.
PIB Insurance Brokers (PIB) has bought Fish Insurance from Capita.
The deal, exclusively revealed by Insurance Age last week, is expected to close in the second quarter of 2016.
Fish Insurance is a Preston-based UK specialist insurance firm that has provided insurance for forty years to those with pre-existing medical conditions, mobility issues and disabilities.
The deal is the first investment by PIB since The Carlyle Group acquired a significant equity stake last year.
PIB was founded in 2014
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