Barbican acquires PI Protect
Barbican Group has bought Manchester-based managing general agency Professional Indemnity Protect.
The Guernsey-headquartered insurance group confirmed that the PI Protect brand would be retained and the underwriting team would remain in Manchester.
PI Protect has focused on UK professional indemnity (PI) for a broad range of professions and will become the focal point for the development of Barbican's UK regional professional indemnity underwriting business.
David Reeves, chief executive of Barbican, said: "This acquisition represents a good underwriting fit with our portfolio and is an
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