PIB Group acquires Pure Risks Limited

April 13 2023

PIB Group Limited (‘PIB’) has acquired an independent specialist Professional Indemnity (PI) insurance broker, Pure Risks Limited (‘Pure Risk’), who bring complementary services and expertise to the Specialty division within PIB Group. The business is based in Bristol with a nationwide client base.

Carlo Marelli, Managing Director - Southern Specialty Division commented “I am delighted to give everyone at Pure Risks a warm welcome to PIB Group. Jonathan and the team’s knowledge, expertise and passion for servicing clients will be a real credit to us and we are looking forward to having them onboard. The team’s presence in Bristol will give an extra boost to our regional footprint and expand our client base, while providing them with access to an even broader range of products and services across our PIB Group family.”

About Pure Risks

Founded by Director, Jonathan Bogan in 2012, Pure Risks place PI business for Financial Planners, Architects, Engineers, Chartered Surveyors and other regulated and non-regulated professions. They are the appointed representatives of Ten Insurance, who perform a back-office function for the business. Although they specialise in Professional Indemnity Insurance, they also offer a full insurance programme placing Directors and Officers Insurance, Office Insurance and all other associated insurance covers relating to professional services firms.

The expert team have over 20 years’ experience with PI insurance and have built a loyal client base in the ten years they have been operating. The business has grown organically and through reputation, by putting their clients at the heart of everything they do.

Jonathan Bogan, Director commented ‘This is an exciting step for Pure Risks as we become part of PIB Group. We look forward to the many opportunities ahead to leverage the expertise and scale of PIB, and also bringing our complementary skills to the ongoing success of the Specialty division. I’d like to say a big thank you to our loyal client-base and our insurer partners for their brilliant support in making Pure Risks the business it is today.”