August 19, 2022Specialist independent Lloyd’s broker Guest Krieger Limited (‘Guest Krieger’) has officially become part of PIB Group Ltd (‘PIB’). The deal which has been awaiting regulatory approval since April, has now received the greenlight and will boost PIB’s London Market capability and open-up new international avenues. The business is recognised as the premier broker for placing Israeli Financial Lines and Liability business into the London Market. It will continue to trade independently under the Guest Krieger brand and be led by Managing Director Alon Miller and his management team.
Brendan McManus, CEO for PIB Group commented: “Guest Krieger is a first-class business and I’m delighted to officially welcome Alon and the entire team to PIB Group. We are impressed by their dominant market position and deep expertise in niche, high-growth lines and its exceptional client base. Their deep understanding of the Israeli and the London market makes them a key differentiator, and their culture and ethics are very much aligned with those of PIB.”
From the outset, the aim for Guest Krieger has been to provide specialist expertise and outstanding client service to its direct clients, network of producers and local insurance companies who require access to the London Market. With a trading history and excellent reputation that has been built over 45 years, the business is well known for delivering exceptional results to their world-class international clients.
Alon Miller, CEO for Guest Krieger commented: “We are thrilled and proud to be joining PIB Group, and we are confident that with support from both PIB and Apax, we will continue our success story. I see this as the perfect opportunity for Guest Krieger to invest in our people and to bring new products and services to our clients and remain a truly independent Lloyd’s broker whilst advancing PIB’s international expansion plans. I’m very excited about what we can achieve together over the coming years.”
The leading London Market broker writes a highly profitable and growing portfolio of international specialty business mainly emanating from Israel, but also from more than 30 other countries. Their arrival enhances PIB's London Market capabilities and provide a platform from which to handle London placements of specialty international wholesale business emanating from PIB’s growing international portfolio of niche insurance broking firms.
About Guest Krieger
Guest Krieger is a leading independent Lloyd’s broker placing a growing portfolio of international specialty business in Lloyd’s and the London market. With a trading history and excellent reputation that has been built over 45 years, the business is well known for delivering exceptional results to their world-class international clients. It is recognised as the premier broker for placing Israeli Financial Lines and Liability business into the London Market. For more information visit https://guestkrieger.com