Barbon Insurance Group bought by PIB

Deal merger

The deal also signals leadership change for the specialist intermediary.

PIB Group has purchased tenant referencing and specialist landlords and lettings insurance broker for an undisclosed sum.

The announcement also coincides with a change in leadership for the newly acquired business.

PIB detailed that, formed in 2005 with origins that date back to 1992, Barbon provides a range of insurance broking and related services focused on the UK private rental market.

Its products are sold through three lettings brands; HomeLet, Let Alliance, and Rentshield Direct.

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