PIB kicks off 2025 buys with Residentsline

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PIB has bought flats and apartments insurance specialist Residentsline from managing director owner Belinda Bagnall in its first deal of the year.

The consolidator confirmed the Residentsline brand will be kept with 30 staff moving across. The firm will slot into PIB’s UK speciality division, which includes PIB Insurance Brokers, PIB Risk Management and PIB Employee Benefits.

RelatedPIB enters another country with latest European buy 

PIB Group has entered the Portuguese market, its 11th territory, through the acquisition of Vitorinos Group, a broker with business volume of €80m (£67.8m) in managed premiums.

Half of Wolverhampton-based

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Andrea Wells was recently recruited from Broker Insights by Premium Credit for its newly created role of head of regions and networks. In a Q&A with Insurance Age she shares her insurance market experience and plans for growing the business with brokers.

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