PIB Group Acquires Balens to Enter Health, Wellbeing, Fitness and Beauty Insurance Markets

PIB Group Limited has acquired Balens Ltd (including Balens Europe B.V. and Balens Insurance Finance Services Limited), a Worcestershire-based specialist broker focused on health, wellbeing, fitness and beauty professionals. The deal brings Balens’ ~70 employees and c.100,000 insured clients into PIB’s platform, enabling PIB to expand its specialist insurance offering and accelerate growth in related UK and European verticals.