We have moved – office swap for our London teams!

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As PIB Group has continued to grow, over the last couple of years, so has our London presence, which means a few of our teams have moved around to better utilise the offices we have. As a result, teams in Gracechurch Street have moved office to 11th Floor, 1 Minster Court, Mincing Lane, London, EC3R 7AA. This office space was … Read More

People moves within the PIB Group management team

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PIB Group Ltd (‘PIB’) has announced some changes at the top to enable succession planning within its Specialty division, which is home to the Group’s specialist commercial lines brokers. Nigel Salisbury, CEO of the Specialty division, is assuming a new position as Chief Commercial Officer and will remain on the executive team to assist with a number of projects. The … Read More

PIB Group acquires employee benefit division of Sanlam Wealth Planning UK

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PIB Group Ltd (PIB) has made its mark on the new decade by strengthening its employee benefits offering through a reciprocal relationship with Sanlam Wealth Planning UK. The move involves the acquisition of the Sanlam Employee Benefits division and client book of business, which will transfer into and trade under the PIB Employee Benefits brand led by David Skinner, with … Read More

PIB acquires Cooper Solutions Ltd who have long affiliation with PIB-owned Cooke & Mason

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PIB Group Limited (‘PIB’) has successfully completed the acquisition of Cooper Solutions Ltd who provide a portfolio of online solutions for the retail automotive industry, including a market leading daily rate insurance product provided through PIB-owned Cooke & Mason. The news follows PIB’s recent acquisitions of CMR Solutions Ltd and Sue Smith Ltd. At the heart of the Cooper Solutions … Read More

PIB acquires CMR Insurance Services and Sue Smith Ltd

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PIB Group Limited (‘PIB’) has acquired CMR Insurance Services Ltd (‘CMR’) and Sue Smith Ltd. They follow the acquisitions of the COBRA group of companies (‘COBRA’) as well as Ireland-based Optis Insurance Ltd, earlier this year. CMR, whose roots go back to 1985, provides clients with insurance protection against bad debts for UK and export sales through managed credit insurance … Read More

PIB Group signs up for Insurance Day of Giving 2019

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The Insurance Day of Giving is a cross-industry initiative to raise money for Insurance United Against Dementia (IUAD) for dementia research and now has now the backing of more than 50 insurance firms. Created in 2018 by our very own Andy Tedstone, CEO for COBRA Network, the day aims to unite everyone across the insurance sector by increasing awareness of … Read More

Tim Chadwick joins PIB Group as Chief Risk Officer

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PIB Group (‘PIB’) has announced that Tim Chadwick will be joining Chief Risk Officer for PIB Group (subject to FCA approval), with effect from 30 September. Tim joins from JLT as Group Head of Enterprise Risk Management and has also held senior roles with Willis, AON and RSA throughout his career which spans over 25 years. He will report to … Read More

PIB Group announces CEO for newly acquired COBRA Network

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Andy Tedstone

LONDON, July 2019 PIB Group Limited (‘PIB’) has completed its acquisition of The COBRA group of companies (‘COBRA’) following FCA regulatory approval. COBRA is a network-centric proposition to independent insurance intermediaries and provides a wide range of services for its Network members, agents and clients through its four main operating platforms: COBRA Network, COBRA Underwriting Agencies, COBRA London Markets and … Read More

PIB Group announces 2018 Full Year Results and Debt refinancing

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PIB Group Limited (‘PIB’ or the ‘Group’) has released its financial results for the year ended 31 December 2018 with the filing of its statutory accounts. The Group has also secured the support of several new lenders to refinance its existing term loan facility and raised an additional committed acquisition facility. GROUP FINANCIAL HIGHLIGHTS Revenue of £106.8m, an increase of … Read More

PIB Group acquires The COBRA group of companies

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PIB Group Limited (‘PIB’) has acquired The COBRA group of companies (‘COBRA’), subject to FCA regulatory approval. This is PIB’s 20th investment since 2016 and follows on from PIB’s acquisition of Optis Insurances Ltd in Ireland earlier this year. COBRA is a network-centric proposition to independent insurance intermediaries and provides a wide range of services for its Network members, agents … Read More