PIB Group enters health and wellbeing sector with Balens acquisition

Specialises in providing cover for the health, wellbeing, fitness, and beauty sectors

Hemma Visavadia
clock • 1 min read
PIB Group enters health and wellbeing sector with Balens acquisition

Specialist insurance intermediary PIB Group is entering the health and wellbeing sector through its acquisition of insurance broker Balens.

Headquartered in Worcestershire, the broker specialises in providing cover for the individuals in the health, wellbeing, fitness, and beauty sectors. This is PIB's ninth acquisition of the year, which includes businesses spanning the UK, Poland, Ireland and Spain. As part of the deal, PIB will acquire Balens and the wholly owned subsidiaries Balens Europe which is based in the Netherlands, as well as Balens Insurance Finance Services Limited. Following regulatory approval and on complet...

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