- The company is driving forward the reorganisation of these strategic areas to achieve a qualitative leap in the management of risks associated with trade credit and corporate guaranteesriales
- Fernando Franco will lead a team of ten specialists with the aim of strengthening PIB Group Iberia's value proposition in Credit and Surety Insurance.
25 June 2026 -. PIB Group Iberia, a global insurance broker, has announced the launch of Surety and Credit Business Units with the aim of strengthening its financial risk advisory and management capacity for businesses. As part of this new phase, the company has appointed Fernando Franco new Director of Surety and Credit Specialties, who will be heading up a large team of Specialist professionals.
This reorganisation reflects 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 against potential non-payments or contractual breaches.
The new structure aims to promote a more specialised management model, strengthen the team’s technical capabilities and provide closer support to clients in identifying, analysing and mitigating risks associated with trade credit and riales corporate guarantees.
A new boost for key specialties
At the helm of this new phase will be Fernando Franco, a professional with over 15 years’ experience in the insurance sector and extensive expertise in credit and surety insurance. Throughout his career, he has led the development and growth of specialised business units, driving strategic projects, designing commercial structures and establishing partnerships with insurers, business 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 organisations including Aon, where he served as Commercial Director for Surety in Spain, as well as Director of the Aserta Underwriting Agency within Grupo Alion and also as Director of Surety and Credit at IberAssekuranz Brokers.
Gabriel Cereto, CEO of PIB Group in Spain, states: «The reorganisation of our Credit and Sureties unit reflects our commitment to further strengthening the specialist capabilities of PIB Group Iberia and offering our clients the best advice in managing their financial risks. Fernando brings a combination of technical knowledge, strategic vision, and experience in developing specialist businesses that perfectly aligns with the growth objectives we have set for this area.«.
For its part, Fernando Franco highlights: «I am taking on this new challenge with enormous enthusiasm and the conviction that I am joining a project as solid and ambitious as that of PIB Group Iberia. We have a highly qualified team, with extensive market experience and a clear desire to add value for our clients. My objective is to contribute to continuing to drive the growth of the Surety and Credit specialities, to support companies by offering them increasingly innovative solutions tailored to the current challenges of risk management.«.
The reorganisation of the Surety and Credit units is part of PIB Group Iberia's strategy to strengthen its specialist capabilities and respond to the new financial protection needs of businesses.
About PIB Group
PIB Group Iberia is an independent, dynamic, and diversified specialist insurance broker. Established in 2015, PIB Group Iberia has since grown rapidly through acquisitions, organic growth, and the recruitment of outstanding 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.
