PIB
Backed by world leading private equity firms Apax Funds and The Carlyle Group, PIB Group is an international insurance intermediary group. PIB Group claims to be “the home for insurance entrepreneurs”, collectively creating bold, forward-thinking solutions that exceed client expectations.
Launched in 2015, PIB is focused on being the best for its clients, its communities, and its investors.
PIB Group offers a range of specialist teams, products, and services to clients and has offices throughout the UK, Channel Islands, Ireland, Germany, Poland, Spain, the Netherlands, Italy, Romania, Portugal and France.
HNW brokers risk relationships turning “transactional” due to workloads
Many high net worth brokers are failing to engage with clients as much as they should because they are over-stretched, lack confidence and time poor, creating relationships that are merely transactional.
Broker Expo 2025: Claims brokers and account execs should talk more, especially during soft market
The soft market should encourage greater communication between frontline account executives and claims staff within broking firms, especially as insurers give closer scrutiny to claims.
PIB reveals first purchase since Gallagher talks ended
PIB Group has bought general insurance specialists Guernsey-based Ross Gower Group, expanding its presence in the region.
What next for Jensten Group after the Bain Capital buyout?
With Bain Capital investment now secured, content director Jonathan Swift outlines what the market might expect from Jensten Group as it enters a new era.
Gallagher CEO Rea: AssuredPartners integration does not prevent M&A after ‘amicable’ end to PIB talks
The expected 12-18 month integration of the AssuredPartners UK and Irish businesses will not prevent Gallagher seeking more M&A in those territories following the “amicable” ending of talks with PIB.
Broker-owned MGA hires new CEO from Chubb
Acquinex, a specialist financial lines managing general agent owned by PIB Group, has appointed Josh Cowen to CEO as co-founders Chris Jackson and Chris Thompson move into roles within the wider group.
PIB tops £500m revenue as losses trimmed in run-up to ending sale talks
PIB Group has posted £514.7m of pro forma group net revenue for 2024, a year it expanded into two countries and made 25 acquisitions before walking away from sales talks in 2025.
With the Gallagher deal off the table, what are the next steps for PIB?
With PIB and its PE investors choosing to go again rather than sell to Gallagher, content director Jonathan Swift ponders what might lie ahead for the pan-European consolidator in an era of indigestion and M&A indifference.
PIB ends sales talks and reveals £400m debt raise
PIB Group has confirmed the end of “recent acquisition conversations”, drawing a line under the sales process with the comment that it is “appreciative of the attention it has received in the market”.
Gallagher tipped to win the race for PIB
A deal for Gallagher to buy PIB is said to be “80% done”, sister title Insurance Post has revealed.
PIB CEO hails ‘milestone’ as it buys MGA
PIB Group has acquired specialist litigation insurance managing general agent Litica.
PIB kicks off 2025 buys with Residentsline
PIB has bought flats and apartments insurance specialist Residentsline from managing director owner Belinda Bagnall in its first deal of the year.
PIB files employment lawsuit against Howden
PIB Group and its managing general agent Acquinex have filed legal proceedings against Howden Group, Dual International, and four individuals in the High Court.
New analysis: A short history of broker rebrands as Ardonagh bins ‘Towergate’
Yesterday Insurance Age revealed that Ardonagh Advisory is to become Everywhen, with the long-standing brand Towergate among those disappearing. Jonathan Swift takes a look at other post-2000 broker rebrands for pointers as to whether it might be…
PIB enters another country with latest European buy
PIB Group has entered the Portuguese market, its 11th territory, through the acquisition of Vitorinos Group, a broker with business volume of €80m (£67.8m) in managed premiums.
People Moves: 13 – 17 January 2025
Stay in the loop with the latest personnel moves in insurance.
Analysis: As we enter 2025 let’s ask one big question: ‘What will Marsh do next?’
Gallagher, Aon, Ardonagh and Howden have all had a busy 12 months in terms of consolidating their positions within the UK’s top five insurance brokers table. Their fellow intermediary powerhouse Marsh, however, has been comparatively quiet. Jonathan…
Roundtable: UK insurance broking – reshaping the future
As the post-Covid insurance-broking environment evolves, brokers are continuing to adapt to the new backdrop. A recent Insurance Age roundtable explored the challenges and opportunities, as brokers tackle today’s range of pressing objectives – and assess…
PIB enters France with 100th deal
PIB Group has entered the French market buying medical malpractice insurance business BEA Group and its subsidiaries, amid speculation about its own future.
News analysis: If PIB has reached an end game with Carlyle and Apax, what next?
As speculation mounts that PIB’s backers Carlyle and Apax want to cash in on their investments, content director Jonathan Swift explores how the broker’s strategy of overseas hubs and specialisms might dictate its value to new investors.