October 4 2023
Strengthening its leading presence in the UK, PIB Group Ltd (‘the Group’; ‘PIB’) today announces it has welcomed RBIG Limited, including RBIG Corporate Risk Services limited and RBIG Financial Services Limited, to the family.
RBIG is one of the leading insurance providers in North West England, providing general business insurance expertise as well as Trade Credit, High NetWorth and Financial Services Offerings. Inhouse claims experts also complement the businesses hands-on approach with clients. This acquisition builds on the PIB Group strategy to focus on acquiring successful, specialist insurances businesses.
Since starting out in 1981, RBIG Limited has provided insurance solutions for corporate clients including tested risk management strategies to protect assets, liabilities, profits, and investments. Over the last 40 years, RBIG had developed the expertise to be able to offer clients a full suite of services for their corporate insurance needs, making them one of the most trusted brokers in Manchester.
Andy White, Managing Director for the Northern Specialty Division, PIB Group, commented: “The addition of RBIG Limited to the growing PIB Group family, is another great development for our speciality division. RBIG’s strong reputation, client focused approach and proven ability to understand, identify, and meet client needs, complements the entrepreneurial spirit that exists across our family. We’re so pleased to welcome the team and look forward to investing in RBIG to drive further growth together.”
RBIG have observed and experienced first-hand the advantages of businesses that become part of the PIB Group. They have been members of the cobra network for 15 years, which was acquired by PIB in 2019 and since been able to leverage the Group’s scale to pass on many benefits to its members.
The business will remain under the ongoing leadership of Stephen Hodgson, Geoff Gregory and Stephen Astles.
Speaking on acquisition Stephen Hodgson, Commercial Director, said: “Joining the PIB family will bring huge benefits to our fantastic team and longstanding clients, who have played an important part in our success to date. We’re thrilled to be entering this exciting new chapter, having been impressed at how business under PIB’s investment have continued to thrive. We chose PIB because of the Group’s strength, scale and the many opportunities that we can unlock, to deliver even better and more comprehensive products or services for our clients. Our aligned thinking and culture around personal client focus and high service standards has also been a key influencer in our decision in choosing PIB as our new home for the future.”