McManus hails Carlyle backing as acquisition plans take shape

Brendan McManus

PIB open to taking on new staff and buying businesses over the next five years.

Brendan McManus, chief executive officer of PIB Insurance Brokers, has confirmed the business will be targeting specialist commercial broker acquisitions following the investment by private equity backers The Carlyle Group.

However, he highlighted that the firm would also be seeking to recruit further to deliver growth.

"Our strategy is twofold. Firstly it is to have a good organic platform based on recruiting good quality people and obviously that costs money," McManus told Insurance Age.

"Seco

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 info@insuranceage.co.uk.

You are currently unable to copy this content. Please contact info@insuranceage.co.uk to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Insurance Age? View our subscription options

Register

Sign up and gain access to five complimentary news articles every month.

Already have an account? Sign in here

This address will be used to create your account