PIB Group
Founded Year
2015Stage
Debt | AliveTotal Raised
$542.29MLast Raised
$542.29M | 4 mos agoAbout PIB Group
PIB Group is a diversified insurance intermediary group with a focus on specialist and niche insurance solutions within the insurance sector. The company offers a range of services including insurance broking, underwriting, and advisory, catering to both commercial and non-standard personal lines. PIB Group serves various sectors with a strong emphasis on providing expert insurance market knowledge and tailored solutions. It was founded in 2015 and is based in Nottinghamshire, United Kingdom.
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Latest PIB Group News
Jan 24, 2025
PIB Group Iberia Buys Vitorinos Group The latest from PIB Group; PIB Group Ltd (‘PIB’ or ‘the Group’), a leading specialist insurance intermediary, has announced PIB Group Iberia has entered the Portuguese market through the acquisition of Vitorinos Group, a leading insurance brokerage company with more than 50 years of history and a business volume of €80 million in managed premiums. Vitorinos Group is comprised of seven companies: Vitorinos Seguros, Linha Medieval, Beneseg, Miranseguros, Afirma Mediação Seguros, APR Esteves, and Prémio Total. The group operates throughout Portugal with 16 offices, more than 120 employees, and a portfolio of over 150,000 clients. “This acquisition represents a key strategic step for PIB Group Iberia, and is the most important deal for the company in the Iberian territory to date. It consolidates us as leaders in insurance brokerage in Southern Europe and reaffirms our commitment to growth and excellence,” says Martín Navaz, CEO of PIB Group Iberia. The acquisition, which is subject to regulatory approval, is a significant milestone for PIB Group Iberia, and reaffirms PIB Group’s international growth strategy. In November 2024 the group entered the French market with the acquisition of BEA Group and expanded in the Dutch market with the acquisition of Thoma. Onno Janssen, CEO of PIB Group Europe, comments, “The Portuguese market is an integral part of our growth plan as we continue to expand across Europe. The acquisition of Vitorinos Group has placed PIB Group in a strong position as we head into 2025.” Mauricio Oliveira, current General Manager of Vitorinos Seguros, will assume the role of General Manager of PIB Group Iberia in Portugal. Hugo Vitorino, former owner of Vitorinos Seguros, will take on the role of Chief Operating Officer (COO). Both will report directly to Martín Navaz, CEO of PIB Group Iberia. “Our integration into PIB Group Iberia marks an exciting new chapter for Vitorinos Group. This union will strengthen our ability to offer innovative solutions and exceptional service to our clients in Portugal,” says Mauricio Oliveira, General Manager Portugal at PIB Group Iberia. Share this:
PIB Group Frequently Asked Questions (FAQ)
When was PIB Group founded?
PIB Group was founded in 2015.
Where is PIB Group's headquarters?
PIB Group's headquarters is located at West Carr Road, Retford, Nottinghamshire.
What is PIB Group's latest funding round?
PIB Group's latest funding round is Debt.
How much did PIB Group raise?
PIB Group raised a total of $542.29M.
Who are the investors of PIB Group?
Investors of PIB Group include Apax Partners and Carlyle.
Who are PIB Group's competitors?
Competitors of PIB Group include Specialist Risk Group, Konsileo, BMS Group, Verve, K2 Insurance Services and 7 more.
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Compare PIB Group to Competitors
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Ki is a company in the insurance sector, focusing on algorithmically powered underwriting to provide quotes for brokers. The company offers insurance quotes and multiple capacity offers through a digital platform, utilizing machine learning technology in the underwriting process. Ki serves the insurance industry by providing a digital market experience for brokers. It was founded in 2020 and is based in London, United Kingdom.
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