BIK Group Acquires Profi Insurance
May 18, 2021
BIK Group has acquired Profi Insurance, a Krakow-headquartered insurance multi-agency, to expand its retail distribution network in southern Poland and extend nationwide reach. The deal is intended to augment BIK's Retail business by broadening agent distribution and leveraging recent technology investments to better serve customers online, by phone or in person.
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King Insurance Acquires Professional Insurance Services, Inc.
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King Insurance, a Gainesville-based full-service insurance brokerage, has acquired Professional Insurance Services, Inc., a one-office insurance agency in Cape Coral, Florida. The deal expands King Insurance's footprint into Southwest Florida (Ft. Myers–Naples corridor); founder Gary Baker will oversee a transition period before retiring.
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BIK Acquires Punkta (mFind)
January 28, 2021
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BIK, a Pollen Street Capital-backed insurance services group, has acquired Punkta (also trading as mFind), a leading Polish online comparison platform for motor and personal lines insurance. The acquisition strengthens BIK's retail strategy by adding an established customer base, marketing capability, technology and access to new personal lines categories, positioning the group to offer an omni-channel consumer proposition in Poland.
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BIK Group Acquires CEE Businesses of April International SA
January 4, 2021
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BIK Group has acquired the Central and Eastern European businesses of April International SA operating in Poland, Slovenia and Croatia. The acquired businesses provide claims management, assistance and third-party administration services to insurers, fleet managers and consumer brands, boosting BIK's claims and assistance capabilities and expanding its regional footprint.
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PIB Group Acquires Internet Insurance Services UK Ltd (UKinsuranceNET)
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PIB Group Limited has acquired Internet Insurance Services UK Limited (trading as UKinsuranceNET), a Stockton-on-Tees-based online insurance broker that specialises in property (landlord, holiday home and short-term rental) insurance. The 51-strong team will remain with the business under Managing Director Suzanne Eeles, with founder Steve Bradley remaining as a consultant; PIB says the deal strengthens its property portfolio and online capabilities as part of its ongoing buy-and-build strategy.
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BRP Group (BKS-Partners) Acquires Insurance Risk Partners, LLC
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BRP Group, Inc., through its BKS-Partners operating group (Baldwin Krystyn Sherman Partners, LLC), acquired substantially all assets of Insurance Risk Partners, LLC, an Oklahoma City-based provider of property & casualty insurance and risk consulting. The acquisition (announced April 1, 2020) brings IRP's ~$7.0 million in annual revenues and expands BRP/BKS's large-account and technical insurance capabilities in the energy, infrastructure and power sectors.
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PIB Group Acquires BK Insurance Brokers
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PIB Group Limited has acquired BK Insurance Brokers, an independent Croydon-based insurance brokerage established in 1981. The business will join PIB’s Specialty division with all existing staff retained and will be led by Paul Denton as Managing Director, supporting PIB’s continued acquisition-driven growth strategy.
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