PIB Group Iberia, a global insurance broker, closed the 2025 fiscal year with €500 million in managed premiums, consolidating its position as one of the leading brokers in the Iberian Peninsula and reinforcing the strength of its growth model.
The majority of this corresponds to its business in Spain (€400 million managed), where the group has pursued an intense program of organic and inorganic growth in recent years, while Portugal continues to gain weight within its inorganic expansion strategy and maintains strong organic growth.
Currently, PIB Group Iberia has more than 500 professionals across Spain and Portugal, with a presence in over 20 Spanish cities and 15 Portuguese cities, enabling the group to combine strong territorial reach with growing operational capacity.
“The PIB Group project in Iberia continues to advance with a long-term vision, combining growth, specialization, and closeness to the client. We remain a relevant M&A player in the Iberian insurance market, prioritizing Portugal,” says Martín Navaz, Chairman and CEO of PIB Group Iberia.
“2025 has been a key year to consolidate PIB’s growth in Spain, both through acquisitions and by building a solid foundation for sustainable growth. We are entering a new phase focused on integration, efficiency, and creating increasing value for our clients,” states Gabriel Cereto, CEO of the group in Spain.
Meanwhile, Mauricio Oliveira, General Manager of the group in Portugal, highlights: “In Portugal, we are actively identifying projects we want to integrate into PIB Group Iberia, and we are seeing a very positive reception in the market.”
Over 30 acquisitions to build a unified project
Since 2022, PIB Group Iberia has completed 35 corporate operations, aligned with its growth strategy based on integrating specialized brokerages. These acquisitions have enabled the group to advance in sector consolidation, adding talent, technical knowledge, and positioning in specific niches.
The group’s model relies on agile integration of acquired companies, retaining talent and client closeness while building a common structure that generates synergies and enhances the value proposition.
2026: Expansion in Portugal and consolidation in Spain
In 2026, PIB Group Iberia’s inorganic growth will focus on Portugal, with several active operations in various acquisition stages.
In Spain, after several years combining organic and inorganic growth, the group enters a new phase centered on project consolidation. The objective is to achieve greater operational cohesion and strengthen brand positioning as a group.
Within this context, the company aims to improve process efficiency, optimize internal management, and continue enhancing service quality for clients, making technology investment a top strategic priority.
Strengthening strategic areas and organic growth
In addition to technological initiatives, the group will continue reinforcing its commercial and consulting teams to drive organic growth in specialized units: agro, aviation, credit, employee benefits, jewelry, financial lines, medical malpractice, planning and savings, transport, and reinsurance.
The company embraces a model that combines scale, specialization, and proximity, positioning itself as a strong, client-focused broker in an increasingly concentrated market.
PIB Group’s structure, which combines private equity investment with a management team retaining equity, ensures a sustainable long-term trajectory.
About PIB Group
PIB Group is an independent, dynamic, and diversified specialist insurance broker. Founded in 2015, it has grown rapidly through acquisitions, organic growth, and hiring top professionals with extensive experience in the insurance market.
PIB Group offers a wide range of specialized teams, products, and services, and is present in the UK, Ireland, Spain, Portugal, Germany, Italy, Poland, Netherlands, Denmark, Romania, France, and Israel. Across these countries, the group manages over €6 billion in premiums and employs more than 4,000 people
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