PIB Group expands Dutch presence through latest acquisition

Acquired firm specialises in four key sectors

PIB Group expands Dutch presence through latest acquisition

Mergers & Acquisitions

By Mika Pangilinan

Specialist insurance intermediary PIB Group has announced its acquisition of Risqwise B.V. as part of its continued expansion in the Dutch market.

Based in Rotterdam, Risqwise provides insurance solutions to medium-sized and large companies, focused largely on commercial insurance broking. It specialises in four sectors, namely ICT, legal profession, life science firms, and pharmacies.

“We are very happy to be joining the PIB Group family,” said Risqwise director Martijn van Altenburg. “This is a really exciting time as PIB brings to life its international strategy which enables us to become part of an expanding network and extend our reach beyond the Netherlands. We are very proud of the specialisms that we can bring to help create further growth for PIB. We look forward to collaborating with more specialist across the group.”

The Risqwise acquisition marks PIB’s latest move into the Dutch market, considered the sixth largest commercial insurance market in Europe. The group first established a presence in the Netherlands through its acquisition of Light B.V. earlier this year.

“I’m delighted to welcome Risqwise who are an excellent addition to our PIB Group family,” said Onno Janssen, CEO of PIB Group Europe. “Their arrival moves us another step closer in delivering our ambitions to expand in the Netherlands and more widely across the Benelux region and Europe. The team brings with them deep expertise, which further strengthens our vision to create a network of many local champions with great specialisms, broking expertise, and excellent service.”

Related Stories

Keep up with the latest news and events

Join our mailing list, it’s free!