- PIB Group Iberia announced today that Sare (Bilbao) and Moné (Zaragoza) have joined the group.
Sare, founded in 1999, is an insurance broker offering risk management and advisory services. Its main areas of service are property insurance, liability insurance - where it offers services for the energy sector - and credit insurance in multiple other sectors, including the public sector, food, chemicals and construction. In addition, they have developed extensive employee benefit programmes.
On the other hand, Moné, a brokerage with more than 30 years of experience, is highly focused on civil liability and life insurance. In addition, it also offers multi-risk, accident, health, auto and accident solutions for both companies and individuals. In its case, Moné has developed a solid online marketing model, which is one of its main channels for attracting business.
Thanks to these new acquisitions, the insurance group strengthens its presence in two capital cities in geographical areas where it already had operational offices. Likewise, the portfolio of services that they will be able to offer to customers in these two provinces will be expanded.
Martin Navaz, CEO of PIB Group Iberia, It is a pleasure to welcome the Sare and Moné teams to the group, enabling us to increase our footprint in the Bilbao and Zaragoza areas,“ he said.”
“Both brokerages will allow us to have more reach in their areas of influence, which will make it easier for us to offer their clients more services, while maintaining the character of proximity that defines us”.”
Onno Janssen, CEO PIB Group Europe, Our growth in the Spanish market continues to grow at a high rate and is very well received. The incorporation of Sare and Moné is symptomatic of the great reception we are receiving from the market. I am delighted to be able to welcome them and their teams and wish them all the best for the project“.”
About PIB Group
Backed by Apax Funds and The Carlyle Group, the world's leading private equity firms, PIB Group is an independent, dynamic and diversified specialist insurance broker that is experiencing rapid acquisitive and organic growth. Formed in 2015, PIB Group has since grown rapidly through acquisitions and by recruiting 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 and Romania. It already has more than EUR 3 billion in premiums under management and more than 3,800 employees.
