PIB Group has acquired London based real estate broker Arlington Insurance Services.
The broker was established in 2005 and has a team of 12 staff. It supports professional property investors across the real estate sector and also offers professional indemnity, and directors and officers cover.
Brendan McManus, CEO for PIB Group, said: “As an experienced team of property insurance broking professionals who have consistently grown their business, they are an attractive investment opportunity for PIB.”
Nick Watts, managing director for Arlington Insurance Services, commented: “With the backing of PIB, we can develop the full potential and profile of the business while continuing our client-centric approach and excellent relationships with many leading real estate insurers. We also look forward to enjoying the benefits that come with being part of a wider group, including enhanced career prospects and collaborating with new colleagues to achieve the best client outcomes.”
This is the 32nd acquisition made by PIB Group.
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