Equinum Broker in Poland joins PIB Group

April 10 2024

• Equinum Broker is one of domestic brokerage firms in Poland
• The business provides services to more than 200 entities of different sizes in the public and private sectors
• PIB Group first expanded into Poland in 2020 and now operates in seven markets globally

Specialist, independent insurance intermediary, PIB Group (‘PIB’, ‘the Group’), today announces the acquisition of Equinum Broker Sp. z o. o. (‘Equinum’) in Poland.

Equinum provides services to more than 200 entities, including large enterprises as well as newly established, rapidly growing companies, public administration, cultural institutions, healthcare entities, associations and foundations.

The business is located in Sosnowiec, in southern Poland, and is part of the continued push by the Group to acquire specialist businesses with entrepreneurial leaders.

Mariusz Muszyński, CEO of PIB Group Poland, comments: “I am truly satisfied that the amazing Equinum Broker team has decided to pursue the development path together with PIB Group. The company's specialised knowledge, particularly in the field of property and personal insurance, will fit in perfectly with our Group's organisational structure. I am profoundly convinced that this collaboration will benefit and satisfy both the PIB Group and Equinum Broker, but most importantly, our current and future clients.”

Onno Janssen, European CEO for PIB Group, comments: "It’s great to see our continued growth in Poland with the arrival of Equinum, a high-performing brand with a range of specialisms that adds to what we can offer our clients right across the Group. We will continue to look for other opportunities to expand in Poland’s dynamic and developing market by targeting other ambitious, entrepreneur-owned businesses that wish to be part of our growth story.”

Anna Hajduk, President of Management Board of Equinum Broker, commented on the decision about joining the Group: "I am confident that the PIB Group's resources will significantly affect our development prospects in the market in the upcoming years, and joining the PIB Group will guarantee both intense growth and continued development in addition to enhancing our competitive position. Additionally, Equinum’s clients will be provided with offers from the global insurance market.

Our integration with the PIB Group demonstrates the evident consolidation of the insurance industry, particularly in the brokerage sector. This is a trend that I believe will continue.”