PIB

Since its formation in 2015, PIB Group has grown to become a highly diversified insurance distribution consolidator focusing on specialist commercial lines and non-standard personal lines products with deep expertise across both direct and B2B distribution through its broking, underwriting and network divisions. In 2021, PIB Group secured further investment from Apax partners, and re-investment from PIB’s existing investor since 2015, The Carlyle Group.

PIB features in the Insurance Age Top 75 UK Brokers listing. Find out what other companies made the cut.

PIB reshuffles management team

The changes include Adrian Colosso becoming chairman of its specialty business and Bernard Macgeean set to become chair of Q Underwriting and PIB’s Schemes & Affinities.

PIB expands into Spain

Consolidator buys Cicor in its first acquisition in the Spanish market as it continues its European expansion.

PIB buys in Nottingham

JRT Insurance Brokers is PIB's eighth deal this year and will be integrated into its specialty division, PIB Insurance Brokers.

PIB's 2020 deal spend revealed

The consolidator's accounts show it spent a total of £92.8m on deals during the year, as it also reports increases in turnover and Ebitda.

PIB buys Simply Insurance Services

The broker said the deal would bulk up its motor offering as it also reveals it is retiring the aQmen, TFP Schemes and Thistle brands which form its Q Underwriting division.

In-depth - SMEs: The expectation gap

The pandemic has changed the way many businesses percieve insurance, but, as Sam Barrett reports, brokers are ideally placed to help SMEs get the right covers in place going forward

PIB buys Jersey-based CBCJ

Consolidator says the PI specialist broker will be integrated into its Guernsey-based business as it plans to expand across the Channel Islands.

PIB-owned Cobra "on track" to reach 2021 growth target

Following Les Brewin’s comeback into the industry, Insurance Age looks into what his ambitions are for Cobra, how the network has been "reinvented" since being taken over by PIB, and what CEO Andy Tedstone has in mind for the company's future.

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