PIB Group completed the acquisition of MGA Litica.

PIB Group, an insurance intermediary group, completed the acquisition of MGA Litica, a provider of litigation insurance solutions. Financial terms were not disclosed. “Having Litica join PIB Group marks an exciting milestone, enabling our MGA division to enter the next phase of growth. Liticia’s operations in Australia and the United States provide our MGA business with a strong foothold in these markets, bringing a wealth of opportunity to the wider Group. We’re excited to have Stephen, Steve and their team join us - their experience will be invaluable,” Charles Burgess, PIB Group CEO of Underwriting and Schemes.