PIB Group Ltd has acquired Nottingham-based RS Insurance Brokers Ltd, which has a particular specialism in fleet and professional indemnity risks and was formed 45 years ago. As part of the deal, eight employees will move across from RS Insurance Brokers to PIB.

Karll Smith (pictured), managing director of RS Insurance Brokers, said: “One of the selling points for PIB is that I will get to do full time the best bit of my job, which is to go out and win business and make new relationships with clients. We had multiple offers and PIB’s terms were the best for everybody involved.”