- The company is driving the reorganization of these strategic areas to achieve a qualitative leap in the management of risks related to commercial credit and rialcorporate guarantees.
- Fernando Franco will lead a team of ten specialists with the aim of strengthening the value proposition of PIB Group Iberia in Credit Insurance and Surety Insurance.
June 25, 2026 - PIB Group Iberia, Bróker global de seguros ha anunciado el impulso de las Business units of Caución and Crédito With the aim of strengthening its advisory and financial risk management capabilities for companies. As part of this new phase, the company has appointed Fernando Franco is the new Director of the Surety and Credit Specialties, who will lead a large team of specialized professionals.
This reorganization is a response to PIB Group Iberia’s commitment to strengthening these strategic business lines for companies in an environment marked by economic uncertainty, market volatility, and the growing need to protect business operations from potential defaults or contractual breaches.
The new structure seeks to promote a more specialized management model, strengthen the technical capabilities of the team, and offer closer support to clients in identifying, analyzing, and mitigating risks related to commercial credit and rialcorporate guarantees.
A new boost for key specialties
At the forefront of this new stage will be Fernando Franco, Professional with more than 15 years of experience in the insurance sector and extensive specialization in Credit Insurance and Surety Insurance. Throughout his career, he has led the development and growth of specialized business units, driving strategic projects, designing business structures, and establishing partnerships with insurers, rialbusiness associations, and large corporations.
Before joining PIB Group Iberia, he worked for companies such as CESCE and Crédito y Caución, and subsequently held positions of responsibility in organizations such as Aon, where he served as Commercial Director of Caución España, as well as Director of the Subscription Agency of Aserta in Grupo Alion and also as Director of Caución and Crédito in IberAssekuranz Brokers.
Gabriel Cereto, CEO of PIB Group in Spain, He points out: «The reorganization of our Credit and Surety unit is in response to our desire to continue strengthening the specialized capabilities of PIB Group Iberia and to offer our clients the best advice in managing their financial risks. Fernando brings a combination of technical knowledge, strategic vision, and experience in the development of specialized businesses that perfectly fits with the growth objectives we have set for this area.«.
For its part, Fernando Franco highlights: «I take on this new challenge with great enthusiasm and the conviction that I am joining a project as solid and ambitious as PIB Group Iberia. We have a highly qualified team with extensive experience in the market and a clear commitment to adding value to our clients. My goal is to contribute to further driving the growth of the Surety and Credit specialties, to accompany companies by offering increasingly innovative solutions adapted to today’s challenges in risk management.«.
The reorganization of the Credit and Surety units is part of PIB Group Iberia’s strategy to strengthen its specialized capabilities and respond to the new needs of companies in terms of financial protection.
About PIB Group
PIB Group Iberia is an independent, dynamic and diversified insurance broker. Established in 2015, since then PIB Group Iberia has grown rapidly through acquisitions, both organically and by recruiting top professionals with extensive 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.
