PIB
Backed by private equity firms Apax Funds (since 2021) and The Carlyle Group from its launch in 2015, PIB has grown rapidly through acquisitions and by employing individuals with a wealth of knowledge and experience in the insurance market.
The PIB Group offers a range of specialist teams, products, and services to clients and has offices throughout the UK, Channel Islands, Ireland, Germany, Poland, Denmark, Spain, the Netherlands, Italy and Romania.
PIB buys Staffordshire broker in second deal of 2021
Element Hinton specialises in construction, waste, engineering and leisure and the deal follows investment into PIB by Apax Partners.
Private equity behind 71% of UK broker deals in 2020
Exclusive: Mazars' Simon Fitzsimmons discusses why the broking sector is attractive to private equity and international investment and predicts we will see fewer larger deals in 2021.
Q Underwriting launches property and package division
The line is supported by capacity from Ergo UK Specialty which is part of Munich Re.
PIB’s Brendan McManus lifts lid on Apax deal
The leader says brokers have become even more popular with private equity investors following Covid-19 as many have sustained performance and kept hold of revenue despite the pandemic.
PIB sold to Apax funds
The investment is set to “accelerate strategic M&A” for the broker as it is also confirmed that former backer, the Carlyle Group, has retained a minority stake in the business.
PIB reveals its first deal of 2021
The consolidator has purchased construction specialist UK & Ireland Insurance Services.
Barbon Insurance Group bought by PIB
The deal also signals leadership change for the specialist intermediary.
PIB expands into Poland with fresh deal
The business says it plans further growth in its European operations as it buys Polish broker WBD.
Willis IRM expands into London as it launches Arden Insurance Brokers
Belfast-based broker says it expects its GWP to grow to over £55m within the next twelve months as it hires Mark Hicks to lead the new business and Jonathon de Mendonça joins from Willis Towers Watson.
PIB's McManus lifts the lid on Erskine Murray lockdown deal
The CEO tells Insurance Age how the deal came about and discusses plans for the future and how the pandemic is slowing the buying process down.
Erskine Murray joins PIB stable
All employees of the Leicester-headquartered broker will remain with the business following completion of PIB’s largest deal to date.
PIB makes 32nd deal
PIB Group has bought London-based real-estate insurance specialists, Arlington Insurance Services for an undisclosed sum.
Advisory forum created to help small businesses recover post pandemic
Seven industry figures have joined the forum which was launched by Peach Pi to collaborate on improving relationships with consumers and within the industry.
PIB Risk Services gets Chartered status
The accreditation comes as several parts of the firm have rebranded as PIB Insurance Brokers.
A-Plan deal sees Howden become "new force" in regional broker space
What next for Howden following the investment from HG and its buy of A-Plan? Insurance Age talks to key experts.
UK Broker Awards – Meet the Shortlist – Commercial Lines Broker of the Year
The lifeblood of brokers is SME business. This award picks out the best of the bunch when it comes to serving commercial clients.
PIB buys Rigton Insurance
Acquisition of Leeds-based broker follows hot on the heels of deals for UKinsuranceNET and Marx Re-Insurance Brokers
PIB spent £75.6m on deals in 2019
CFO Ryan Brown says the consolidator has a "very healthy pipeline" of future acquisitions, as PIB's GWP hits £986m.
PIB buys Stockton-based UKinsuranceNET
Deal is PIB's 30th as the consolidator confirms it has several more in the pipeline.
PIB culls top brands in its commercial specialty businesses
Move sees brokers including Cooke & Mason, DE Ford, Franklands, Lorica, Wilby and Cobra Insurance Brokers unite under the PIB Insurance Brokers brand.
Brokers mixed response to Black Lives Matter
Updated: Some have pledged an “anti-racist” approach but there is little ethnicity data available to measure performance.
Eight Cobra-joiners since February
CEO Andy Tedstone shares how the network is changing under his leadership.
PIB Group take reinsurance step with German broker buy
The business has purchased Marx Re-Insurance Brokers which is based in Munich.
Insurance Covidcast episode 17: As coronavirus hits has Brexit planning fallen by the wayside?
Our expert panel warns that brokers with EU trade who haven't acted already may have left it too late.
