’Our thoughts and deepest condolences are with his family, friends and former colleagues at this difficult time,’ says PIB Group

Former Giles Insurance chief executive and PIB Group co-founder Chris Giles has passed away.

Chris Giles

Chris Giles

According to The Racing Post, Giles, who was also a prominent racehorse owner, died on 8 November 2026 at the London Clinic hospital of aspiration pneumonia.

PIB Group said in a statement: “We are deeply saddened to hear of the passing of Chris Giles, former chairman of PIB Group.

“Our thoughts and deepest condolences are with his family, friends and former colleagues at this difficult time.”

Career

Giles’ father founded Giles Insurance Brokers in Glasgow in 1967, with Giles taking over as chief executive in 1995.

Following a period of growth, private equity house Charterhouse took a majority stake in 2008.

Giles stayed on as the top boss until 2012, when he handed over the reins to Brendan McManus.

After Charterhouse sold Giles to Gallagher in 2013, PIB Group was launched two years later with Giles among the backers. McManus went onto join the venture as well to become chief executive, while Giles took up the role of chairman.

Giles stepped down from the role of chair in 2021.

PIB Group said: “Giles played a fundamental role in the creation of PIB Group and made an invaluable contribution to the business during its formative years. His experience, leadership and entrepreneurial spirit helped lay the foundations for the group’s growth and success.

“Giles will be remembered for his significant contribution to PIB and the wider insurance broking industry and will be greatly missed by those who knew and worked with him.”