PIB reveals its first deal of 2021

Altrincham-based construction specialist UK & Ireland Insurance Services has joined the PIB Group stable for an undisclosed sum.

It is the first deal of 2021 for the acquisitive group.

PIB detailed that UK & Ireland Insurance services, which was established in 1993, provides a diverse range of insurance products to all professional, commercial and manufacturing sectors including construction, haulage, retail, property and leisure.

Customers which include some of the country’s largest construction companies, can also access an in-house claims handling service.

Expertise
Brendan McManus, CEO for PIB Group commented: “I’m so excited to welcome to PIB Group another superb business through the acquisition of UK & Ireland Insurance Services.

“Our new colleagues are experts in their field and passionate about providing customers with an excellent service, making them a great addition to PIB while further strengthening our construction proposition. I can’t think of a better way to kick off 2021 and mark the start of many more exciting developments to look forward to this year.”

PIB noted that the team of 21 at UK & Ireland Insurance Services boast over 150 years of combined experience in the insurance sector and take pride in ensuring that customers experience a first-class service.

Kevin McNeill, director for UK & Ireland Insurance Services added: “UK & Ireland Insurance Services Ltd are delighted to be joining PIB Group and feel very excited about the future. With the passion and drive that our existing team have, we see this as a perfect fit, and a fantastic opportunity for growth and expansion.

“Our focus now is to continue to offer the service that all our clients expect and aspire to develop all potential possibilities with PIB’s investment and professionalism. A new chapter starts in 2021 for UK & Ireland, one that we can’t wait to get started.”

Europe
This first acquisition in 2021 for PIB follows on from a string of investments in 2020 including European expansion through WDB in Poland and Marx Re-Insurance Brokers in Germany.

McManus continued: “In 2021, we’ll look to take things a little further from our first step into Poland and Germany. In twelve months, I see ourselves as beginning to be a European business and diversifying across a number of European economies.

“We’re all set and raring to go for an exciting year ahead, which is backed by the expertise and ongoing commitment of our talented people across the Group.”

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