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- Through this operation, Portugal becomes the 12th country in which the group has a presence.
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- Mauricio Oliveira, current General Manager of Vitorinos Group, will take over as General Manager of PIB Group Iberia in Portugal and Hugo Vitorino, until now owner of the company, will take on the role of Chief Operating Officer.
PIB Group Iberia, Vitorinos Group, a global insurance broker, announces its entry into the Portuguese market, the 12th country in which the group operates globally. This entry has been carried out through Vitorinos Group, a reference company in insurance mediation with more than 50 years of experience and a turnover of 80 million euros in managed premiums.
Vitorinos Group is composed of several companies: Vitorinos Seguros, Linha Medieval, Beneseg, Miranseguros, Afirma Mediação Seguros, APR Esteves and Prémio Total. The group operates throughout Portugal with 16 offices, more than 120 professionals and a portfolio of more than 150,000 clients.
“This operation represents a key strategic step for PIB Group Iberia, being the company's most important operation in the Iberian territory, consolidating us as leaders in insurance brokerage in Southern Europe and reaffirming our commitment to growth and excellence.”, points Martín Navaz, CEO of PIB Group Iberia.
This expansion is part of PIB Group's international growth strategy, which in November 2024 also launched operations in France.
Onno Jansen, CEO of PIB Group Europe comment“After entering France at the end of 2024, it's a great success for our group to start 2025 with our arrival in Portugal, hand-in-hand with the Iberia Hub. This new operation is key to continuing with our strategy of consolidation and expansion in Southern Europe.”.
Mauricio Oliveira and Hugo Vitorino, new GM and COO of PIB Group Iberia in Portugal
Mauricio Oliveira, current General Manager of Vitorinos Seguros, will take over as General Manager of PIB Group Iberia in Portugal. Hugo Vitorino, until now owner of the company, will take on the role of Chief Operating Officer (COO). Both will report directly to the Iberia Hub led by Martín Navaz.
“Our integration into PIB Group Iberia marks an exciting new chapter for Vitorinos Group. We are convinced that this union will strengthen our ability to offer innovative solutions and exceptional service to our clients in Portugal.”, he points out Mauricio Oliveira, General Manager Portugla, PIB Group Iberia.
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, Germany, Poland, Denmark, Spain, Italy, Israel, the Netherlands, Romania, France and Portugal. In these countries, it already has more than EUR 6 billion in premiums under management and more than 4,000 employees.
