PIB to buy financial lines MGA Acquinex
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PIB to buy financial lines MGA Acquinex

Apax Partners-backed broker consolidator PIB Group is to buy M&A MGA Acquinex in a deal that furthers the group’s penetration of Continental Europe.

Acquinex writes warranty and indemnity (W&I) and tax liability insurance for UK and European SME transactions, with gross written premium of £25mn ($34.7mn)

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