PIB insurance group has acquired Leicester based insurance brokers, Erskine Murray for an undisclosed amount.
The brokers which opened back in 2012 main lines of business include corporate and commercial, specialist SME, high net worth and private clients, plus value-add services such as risk management, employee benefits, and an inhouse claims handling service.
This is PIB’s largest acquisition to date this year in terms of headcount, following on from UKinsuranceNET with 51 employees, the firm has confirmed that all 90 of Erskine Murray’s employees will remain following completion of the deal.
Brendan McManus, PIB CEO, said: “I’d like to give a very warm welcome to everyone at Erskine Murray, which is another fantastic business to be joining PIB Group.
“This represents a strong strategic fit thanks to a range of complementary attributes including their core lines of business, focus on clients and excellent service, and investment in people.”
He added: “While their geography will see our national footprint expand further, clients of Erskine Murray can continue to enjoy a professional, local and friendly service while accessing extra capability from the broader group offering.
“I look forward to seeing the business flourish further with PIB’s investment and support.”