PIB Group, an insurance brokerage firm, completed the acquisition of Privat Asesoramiento Correduría de Seguros, a Spanish insurance brokerage agency. Financial terms were not disclosed. “I’m very excited to welcome another excellent business to our Spanish division within PIB Group. The addition of Xavier and our new colleagues at Privat broadens the growing range of products and propositions we can offer to new and existing clients. Their expertise brings us another step closer to giving clients access to everything they might need through PIB in Spain, while also being able to leverage the Group’s collective strength and scale for international solutions," Martín Navaz, PIB CEO.