Clients to benefit from PIB being able to place business directly with Lloyd’s underwriters
PIB Insurance Brokers has been granted Lloyd’s registered broker status allowing them access to the Lloyd’s underwriting market and further augmenting the capabilities and offering of one of the UK’s fastest growing brokers.
The firm will now be able to place specialist risks and schemes directly into the Lloyd’s market, using their specialist knowledge to negotiate competitive terms and conditions for clients throughout the UK.
PIB provide insurance broking services across a wide range of classes of business with particular specialisms in bespoke business insurance, residential and commercial property insurance, high net worth, professional indemnity, construction and rights of light insurances.
PIB’s CEO, Brendan McManus said: “PIB is about providing both the highest levels of service and expertise so gaining broker status at Lloyd’s is a great moment for us. Our clients will now benefit from access to a unique underwriting market that provides the best insurance knowledge and know how in the world on highly competitive terms. We look forward to upholding the standards required of a Lloyd’s broker and continuing to broaden the insurance services we provide.”
Umron Ahmed, Head of Broker Relationship at Lloyd’s said: “Lloyd’s welcomes PIB to the market and is delighted that we will be a key business partner for an innovative broker like PIB. We wish them all the best with developing their business in the Lloyd’s market.”