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- With the incorporation of Schippers, Manuel Torres Cortegoso Correduría de Seguros, Alba-Vera and Augusta Bílbilis, the group expands its presence in the Canary Islands, Galicia, Andalusia and Aragón.
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- At the same time, the company successfully completes the transaction initiated with Vitorinos Group in January, also strengthening its position in the Portuguese market.
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- With these integrations PIB Group Iberia expands its technical capabilities in key lines such as auto, health care, multi-risk and corporate insurance.
PIB Group Iberia, the global insurance broker and fifth largest broker in the Spanish market, continues its expansion in Spain with the incorporation of four new brokerages to its structure: Schippers (Tenerife), Manuel Torres Cortegoso Correduría de Seguros (Vigo), Alba-Vera (Seville) and Augusta Bílbilis (Zaragoza). In addition to these four acquisitions, the completion of the operation started in January in Portugal with Vitorinos Group., a leading company in insurance mediation with more than 50 years of experience and a turnover of 80 million euros in managed premiums.
These new operations, closed in the last month, represent a significant step forward in the organic and inorganic growth strategy from the Iberian Peninsula group, as well as a commitment to territorial proximity, technical specialisation and customer focus. The four brokerages bring expert talent and consolidated portfolios that allow them to continue developing solutions tailored to the needs of private, self-employed and corporate clients.
Four brokerages with local DNA and a shared vision
Schippers Insurance Brokers has more than 55 years of experience and is based in Santa Cruz de Tenerife. It has established itself as one of the leading brokerage firms in the Canary Islands, especially in the home, community, health and health care branches, where it manages portfolios with a high degree of loyalty. They specialise in the expat client. Its incorporation allows PIB Group Iberia to strengthen its presence in a strategic territory and guarantee a personalised and efficient service in the island environment.
Manuel Torres Cortegoso Insurance Broker It specialises in comprehensive insurance for individuals and local businesses. It has been operating for over 35 years, mainly in Galicia, with a clear service vocation. Its model is based on customer proximity, agile management, and adaptation to the needs of SMEs and families. From its offices in Vigo and Pontevedra, its team serves a wide client portfolio. With this integration, PIB Group Iberia strengthens its reach in the northwest of the peninsula and gains a partner with strong local roots and high development potential.
Alba-Vera Insurance Brokerage S.L. is based in Seville and has more than 30 years of experience. Alba-Vera is one of the most consolidated independent brokerages in Andalusia. Its proposal combines solutions for companies, the self-employed and individuals, with a strong focus on technical advice and personalised coverage. Its employees, distributed in different parts of the region, manage one of the most diversified portfolios of the group. Its integration positions PIB as one of the players with the strongest operational presence in the Andalusian region.
Augusta Bílbilis Correduría de Seguros S.A. It is a brokerage firm with over 60 years of intermediary activity, led by José Manuel Piquero. Its client portfolio maintains a technical profile focused on risks related to SMEs, fleets, and private clients. Augusta Bílbilis represents a strategic contribution to the development of the group's corporate business in Aragon. It operates primarily in Zaragoza and the Calatayud region, where its team manages a specialised portfolio that combines technical expertise with long-term vision. Its integration strengthens PIB Group Iberia's position in a key community due to its industrial dynamism and logistical projection.
Martin Navaz, CEO of PIB Group Iberia, explains that “These integrations reinforce our growth strategy, adding talent, specialisation, and territorial presence. Each brokerage brings a deep understanding of its local environment and a consolidated track record that allows us to continue building a differential value proposition for our clients.”.
Onno Janssen, CEO PIB Group Europe, stresses that “...“The Iberian Peninsula is a key market in PIB Group's growth strategy. Our entry into Portugal represents a very important step towards consolidating ourselves as an Iberian organisation. The incorporation of Schippers, Torres, Alba-Vera and Augusta Bílbilis represents a significant step in our ambition to consolidate a network of brokerages with strong local roots and a common vision focused on the client and operational excellence in Spain.”.
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, Spain, Portugal, Germany, Italy, Poland, 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.
