- The company consolidates its operation in Spain and focuses its inorganic growth in Portugal
31 March 2026 - PIB Group Iberia, global insurance broker, has closed the 2025 financial year with 500 million euros in managed premiums, consolidating its position as one of the leading brokers in the Iberian market and reinforcing the strength of its growth model.
The majority of this corresponds to the business in Spain (with 400 million euros managed), where the group has carried out intense organic and inorganic growth activity in recent years, while Portugal continues to gain weight within the inorganic expansion strategy and maintains high organic growth.
Currently, PIB Group Iberia has
over 500 professionals spread across Spain and Portugal, with a presence in more than 20 Spanish cities and 15 Portuguese cities, enabling it to combine extensive territorial coveragerial 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.Meanwhile,
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 the consolidation of the sector, incorporating talent, technical knowledge and positioning in specific niches.
The group's model is based on the agile integration of acquired companies, maintaining talent and proximity to the client, while building a common structure that generates synergies and improves the value proposition.
2026: Expansion in Portugal and consolidation in Spain
The inorganic growth of PIB Group Iberia will focus on Portugal this financial year, as the group has various active operations in 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 the consolidation of the project. 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 raising the quality of service offered to its clients, which is why it has placed investment in technology as one of its main strategic priorities.
Strengthening of strategic areas and organic growth
In addition to its technological drive, the group will continue to strengthen its sales and consultancy teams, with the aim of boosting organic growth in 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 accessible broker in an increasingly concentrated market.
PIB Group’s structure, which combines private equity investment with a management team that retains a stake in the company, 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 and organic growth, as well as by recruiting leading professionals with extensive knowledge and experience in the insurance market.
PIB Group offers a wide range of specialist teams, products and services, and has a presence in the UK, Ireland, Spain, Portugal, Germany, Italy, Poland, the Netherlands, Denmark, Romania, France and Israel. In these countries, it already manages over €6 billion in gross written premiums and has more than 4,000 employees.
