April 25 2023
PIB Group Ltd (‘PIB’) has strengthened its presence on the Polish agency market. Through its two recent acquisitions, PIB now has a portfolio of three independent agents in Poland formed through the acquisition of Netins Insurance Sp. z o.o. and Ubezpieczaj Sp. z o.o.
The two new arrivals add weight to Asist sp. z o.o., the country's leading insurance multiagency, which has been part of PIB in Poland since the start of the year.
Both Netins Insurand and Ubezpieczaj offer insurance solutions from leading insurers. While Netins Insurance's customer base includes mainly businesses, Ubezpieczaj.pl seeks to target private individuals.
Bartosz Słupski, CEO of PIB Agency which is responsible for the coordination of M&A activity in the Polish agency sector commented: “We are happy to see two further independent agents join our group. Our strategic consolidation plans for the Polish agency market involve bids addressed not only to large entities but also to smaller local independent agents whom we approach offering the added value of being part of a multinational group, having access to rich know-how, and tapping into a well-designed dynamic growth strategy of PIB Group.”
For more information on Ubezpieczaj.pl and Netins Insurance, visit: