Programmed Insurance Brokers Inc.
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Programmed Insurance Brokers Inc. - overview
Established
1980
Location
-, ON, Canada
Primary Industry
Insurance
About
Based in Ontario, Canada, and founded in 1980, Programmed Insurance Brokers Inc. , a. k. a.
PIB, operates as a multi-line insurance and financial services agency that provides insurance solutions and wealth management. In May 2023, Navacord Corp. , a portfolio company of Madison Dearborn Partners, acquired Programmed Insurance Brokers Inc. As of 2023, the agency has over 275 staff working across Canada with individual and corporate clients in a variety of business sectors.
Programmed Insurance Brokers Inc. focuses on providing insurance brokerage services as its primary offering. The company delivers a diverse portfolio of insurance solutions, encompassing property and casualty insurance, liability insurance, commercial insurance, and personal insurance. Programmed Insurance Brokers Inc.
assists clients in obtaining the appropriate insurance coverage to safeguard their assets and manage risks effectively. Additionally, the company extends its services to include wealth management and financial planning, commercial business solutions, home, and auto insurance, as well as life insurance and living benefits.
Current Investors
Navacord Corp.
Primary Industry
Insurance
Sub Industries
Brokerages, Insurance Intermediaries, Claims Administration & Processing
Website
www.pib.com
Verticals
FinTech
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Programmed Insurance Brokers Inc. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | Programmed Insurance Brokers Inc. | - |
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