UK-based insurer PIB Group is bolstering its UK and Irish operations by buying Jigsaw Insurances Providers, Landmark Insurance coverage and Halligan Insurance coverage.
The monetary phrases of the transactions weren’t disclosed.
Within the UK, PIB has bought Jigsaw, which specialises in motor, breakdown and pet insurance coverage house.
Shaped in 2000 and headquartered in Harrogate, Jigsaw is predicted to enrich PIB’s present industrial traces of services.
The Jigsaw staff will be a part of the Schemes & Affinities division, which is residence to PIB’s direct, partnership, and affinity companies.
Schemes and Affinities division CEO Nick Mountifield mentioned: “Jigsaw is a really particular enterprise, and I’m completely delighted that PIB Group will change into their new residence. Their deep experience of their specialist areas is an apparent draw for PIB in addition to their real concern for his or her individuals, prospects and integrity that’s firmly engrained of their tradition.
“Their presence within the private traces market represents a unbelievable step into a brand new market which is able to present many extra alternatives for progress, which may even bolster our present services throughout the group.”
In the meantime, PIB’s Irish unit Campion Insurance coverage has acquired Landmark Insurance coverage and Halligan Insurance coverage.
Landmark Insurances, a Dublin-based insurance coverage dealer, specialises in life and pensions insurance coverage and operates in industrial and private traces of enterprise.
Halligan Insurance coverage, then again, is engaged in offering threat options and insurance coverage providers in Eire.
On account of the acquisitions, PIB Eire now has 400 workers.
Campion Insurance coverage CEO Jim Campion mentioned: “The addition of each companies as soon as once more highlights our ambition within the Irish market and aligns with our technique of growing our specialist insurance coverage choices for the good thing about our prospects.”
