- The company consolidates its operation in Spain and focuses its inorganic growth in Portugal
31 March 2026 - PIB Group Iberia, a global insurance broker, has closed the 2025 financial year with €500 million in managed premiums, consolidating its position as one of the leading brokers in the Iberian Peninsula market and reinforcing the strength of its growth model.
The majority corresponds to the business in Spain (with assets under management of €400 million), where the group has developed intense organic and inorganic growth activity in recent years, while Portugal continues to gain weight within the inorganic expansion strategy and maintain high organic growth.
PIB Group Iberia currently has over 500 professionals distributed across Spain and Portugal, with a presence in over 20 Spanish cities and 15 Portuguese ones, enabling it to combine strong territorial reach with growing operational capacity.
“The PIB Group's project in Iberia continues to advance with a long-term vision. term, in which we combine growth, specialisation, and customer proximity. We continue to be a relevant M&A player in the market Iberia's insurer, prioritising Portugal”, he states Martín Navaz, chairman and CEO of PIB Group Iberia.
“2025 has been a key year for consolidating GDP growth in Spain, both for the acquisitions we have made and for having built a solid foundation for continued sustainable growth. We are entering a new stage in which the focus is on integration, efficiency and increasingly generating more value for our customers”, he states Gabriel Cereto, CEO of the Group at Spain.
For its part, Mauricio Oliveira, General Manager of the Group in Portugal, The“In Portugal, we are in the full phase of identifying projects that We want to incorporate PIB Group Iberia and we are encountering a reception very positive in the market”.
More than 30 acquisitions to build a common project
Since 2022, PIB Group Iberia has executed 35 corporate operations, in line with its growth strategy based on the integration of specialised brokerages. These acquisitions have allowed the group to advance in the consolidation of the sector, incorporating talent, technical knowledge and positioning in specific niches.
The group's model is based on agile integration of acquired companies, retaining talent and customer proximity, while building a common structure that allows for synergies and an improved value proposition.
2026: Expansion in Portugal and consolidation in Spain
PIB Group Iberia's inorganic growth will be focused on Portugal this financial year, as the group has various active operations at different stages of acquisition.
In Spain, following several years marked by a combination of organic and inorganic growth, the group is entering a new phase focused on project consolidation. The aim is to move towards greater operational cohesion and strengthen the brand's positioning as a group.
In this context, the company aims to improve process efficiency, optimise internal management, and continue to elevate the quality of service offered to its clients; therefore, it has placed investment in technology as one of its main strategic priorities.
Strengthening of strategic areas and organic growth
In addition to the technological drive, the group will continue to strengthen its commercial and consulting teams, with the aim of boosting the organic growth of its specialist units: agriculture, aviation, credit, employee benefits, jewellery, financial lines, medical malpractice, planning and savings, transport, and reinsurance.
The company is committed to a model that combines scale, specialisation, and proximity, positioning itself as a powerful yet approachable broker in an increasingly concentrated environment.
The structure of PIB Group, which combines private equity investment with a management team that remains in the shareholding structure, ensures a sustainable long-term trajectory.
About PIB Group
PIB Group is an independent, dynamic and diversified specialist insurance broker. Established in 2015, PIB Group has since grown rapidly through acquisitions, organic growth, as well as through the recruitment of outstanding professionals with a wealth of knowledge and experience in the insurance market.
PIB Group offers a wide range of equipment, products and specialised services and is present in the UK, Ireland, Spain, Portugal, Germany, Italy, Poland, the Netherlands, Denmark, Romania, France and Israel. In these countries, it already has more than EUR 6 billion in premiums under management and more than 4,000 employees.
