The St. Heller-based company – which was previously called PBS before it came under the CBC in 2018 – is headed by chief executive Si Aziz and chief executive Stephen Potts.
âWe are delighted to join the PIB Group family,â said Aziz, âand to have access to a multitude of unique specialty products that we look forward to sharing with our institutional, commercial and private clients.
âWe will continue to focus on working with new and existing customers to ensure they receive the best advice, support and products available. It’s exciting to be able to do it under the PIB banner and to get to know our new colleagues around PIB.
According to PIB, the newly acquired brokerage will become part of the group’s Channel Insurance Brokers (CIB) in Guernsey.
âI am delighted to welcome everyone to the CBCJ within the PIB Group,â commented CEO Brendan McManus (photo). âThey represent another great addition to our family, as well as an important hub on the Isle of Jersey for PIB to pursue several long-standing relationships and development opportunities.
âThis is an exciting initiative that opens up many opportunities to further develop the CIB brand and name. With the added experience and location of our new colleagues, we hope CIB will become the go-to broker for expertise, quality advice and customer service on both islands. “
McManus added that CIB is expected to double in size over the next three years as they attract talented client executives to the team.