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PIB Group acquires healthcare intermediary

London-based insurance broker PIB Group Ltd. has acquired i2 Healthcare, an independent corporate healthcare intermediary based in Birmingham, U.K.

Founding directors and shareholders Paul Brantingham and Simon Derby will continue as directors of i2 Healthcare.

The company places premiums of about £30 million each year for more than 80 public- and private-sector clients, according to a news release.