Press Releases

March 05, 2014

Risk & Insurance Magazine Recognizes Integro Power Brokers®

New York, N.Y. – Three members of Integro’s Technology practice have earned distinction as 2014 Risk & Insurance magazine Power Brokers: Managing Principal Tim Candy; Principal Sharon Sotelo-Lee and Principal Anthony Moraes. All are based in the firm’s San Francisco office.

The publication describes a Power Broker as “an individual who stands out among their peers for the exceptional client work they delivered over the past year. While brokers play many key roles in the insurance industry and risk profession, a Power Broker award recognizes problem solving, customer service and industry knowledge.

Risk & Insurance cited Tim Candy for accomplishments including crafting expansive solutions; specifically, his innovative success ‘‘crafting a solution for a semiconductor client that provided extremely broad coverage to better suit the client’s risk profile. Candy also secured the unique ‘cost of corrections’ or ‘loss mitigation’ coverage” associated with the client’s legacy E&O insurance coverage. According to the client risk management director, Tim “has been an exceptional account executive and led the overall renewal effort and helped us meet our objectives.

Pushing for better renewals helped Sharon Sotelo-Lee gain distinction as a 2014 Power Broker. Against the odds, she managed to win even better terms for a client widely perceived as already the beneficiary of extremely competitive price points. The client’s chief operating officer said, “Sharon Sotelo-Lee is awesome. She handles our renewals and did a fantastic job negotiating the best deal for us.” Another client said of Sotelo-Lee, “She knows the markets well, she understands dynamics on the insurers’ side and is able to leverage that across policies to achieve good results for us.

Anthony Moraes’ actions on behalf of a client with a complicated property insurance program were a factor in his Power Broker designation. The client risk management director said, “Tony has done a very good job of managing and improving a program that involves around 20 insurance companies.” He is also credited with helping another client gain more advantageous supply chain coverage terms by leverage multiple contract manufacturer sites and implementing a stock throughput program better addressing exposure.

“We are proud of the great work done by Tim, Sharon and Anthony,” said Integro USA President Marc Kunney. “They exemplify the very best our industry has to offer. Still, their extraordinary efforts are business-as-usual for them and their Integro colleagues throughout the United States and internationally, day in and day out.”

About Integro Integro is an insurance brokerage and risk management firm. Clients credit Integro’s superior technical abilities and creative, collaborative work style for securing superior program results and pricing. The firm's acknowledged capabilities in brokerage, risk analytics and claims are rewriting industry standards for service and quality. Launched in 2005, Integro and its family of specialty insurance and reinsurance companies, some having served clients for more than 150 years, operate from offices in the United States, Canada, Bermuda and the United Kingdom. Its U.S. headquarter office is located at 1 State Street Plaza, 9th Floor, New York, NY 10004. 1-877-688-8701. www.integrogroup.com

Editorial Contact:
Betsy Van Alstyne
Integro
Tel: 212-295-5445
betsy.vanalstyne@integrogroup.com

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April 28, 2014

Integro Acquires UK Based Specialist Broker

New York and London (April 28, 2014) -- International insurance brokerage and risk management firm Integro today announced it has acquired Manchester-based Richard Thacker & Company Limited, adding to Integro’s growing specialization in niche areas. The financial consideration of the transaction was not disclosed.

Since its founding in 1962, Richard Thacker & Company has established a solid reputation in several specialty areas, including education and professional indemnity. Thacker sets the standard for its expertise in niche services to solicitors and the education sector.

Managing Directors Tim McNulty and Howard Mayhew will continue to lead Thacker’s growth and development.

“Our acquisition strategy is focused on bringing top quality broker talent and highly regarded specialty firms into the Integro family of businesses,” said Peter Garvey, Integro President and CEO. “Richard Thacker & Company and its superb staff meet these standards. We are delighted to welcome our new colleagues and the expertise they will make available to our clients.”

On choosing to join with Integro, Mayhew said, “Our inherent belief that clients are the foundation of our business is firmly aligned with Integro's client-first philosophy.”

McNulty added, “Joining Integro broadens our offering, extends our range and strengthens specialist core areas to the benefit of both clients and staff.”

About Richard Thacker & Company Limited
Founded in 1962, Richard Thacker & Company is a leading insurance broker providing a comprehensive portfolio of specialist insurance. A professions and education specialist, Richard Thacker offers a broad array of products and services to meet all insurance needs, including Supply Teacher insurance, Professions insurance, Educational insurance, Solicitors insurance and Commercial insurance. Richard Thacker is proud to have been awarded the 'Chartered Insurance Brokers' accreditation by the Chartered Insurance Institute, a title held by fewer than 100 firms across the United Kingdom and considered the gold standard for insurance brokers. To learn more, visit http://www.richardthacker.co.uk/

About Integro
Integro is an insurance brokerage and risk management firm. Clients credit Integro’s superior technical abilities and creative, collaborative work style for securing superior program results and pricing. The firm's acknowledged capabilities in brokerage, risk analytics and claims are rewriting industry standards for service and quality. Launched in 2005, Integro and its family of specialty insurance and reinsurance companies, some having served clients for more than 150 years, operate from offices in the United States, Canada, Bermuda and the United Kingdom. Its U.S. headquarter office is located at 1 State Street Plaza, 9th Floor, New York, NY 10004. 1-877-688-8701. www.integrogroup.com

Editorial Contact:
Betsy Van Alstyne
Integro
Tel: 212-295-5445
betsy.vanalstyne@integrogroup.com

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May 06, 2014

Integro Announces New Leadership

Integro Ltd., a leading risk management and insurance broking company, announced today that John Clements has been appointed Chairman of the Board of Directors and Rocco J. Nittoli has been appointed Vice Chairman of the Board. The Company also announced the formation of an Executive Committee, consisting of Marc Kunney (President, North America Operations), John Sutton (President, International Operations), William Goldstein (President and Chief Operating Officer), Toby Humphreys (Chairman of Integro Insurance Brokers Limited) and William P. Costantini (Managing Principal & General Counsel), to assume management responsibilities, including those of Peter Garvey, who has left the Company. The Company wishes Mr. Garvey well in his future endeavors.

"We are pleased to have elevated a team of proven Integro executives to lead the Company's continued organic and acquisitive growth," said Mr. Clements. "We are confident that this team possesses the experience, enthusiasm and vision to propel Integro to the next level, providing quality insurance broking and risk-management services to our expanding roster of top-notch commercial and private clients across a wide range of industries and businesses."

About Integro
Integro is an insurance brokerage and risk management firm. Clients credit Integro’s superior technical abilities and creative, collaborative work style for securing superior program results and pricing. The firm's acknowledged capabilities in brokerage, risk analytics and claims are rewriting industry standards for service and quality. Launched in 2005, Integro and its family of specialty insurance and reinsurance companies, some having served clients for more than 150 years, operate from offices in the United States, Canada, Bermuda and the United Kingdom. Its U.S. headquarter office is located at 1 State Street Plaza, 9th Floor, New York, NY 10004. 1-877-688-8701. www.integrogroup.com

Editorial Contact:
Betsy Van Alstyne
Integro
Tel: 212-295-5445
betsy.vanalstyne@integrogroup.com

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May 12, 2014

Integro Bermuda Welcomes Experienced Casualty Broker

Hamilton, Bermuda – International insurance brokerage and risk management firm Integro today announced the hiring of Susan Thomas by its Bermudian operation, Integro (Bermuda) Ltd.

Ms. Thomas brings more than 10 years industry experience – five years specializing in excess casualty broking – to Integro. Prior to joining Integro she was a senior broker at Aon (Bermuda) Ltd., responsible for all aspects of account management for a diverse range of clients, including large life science, manufacturing and pharmaceutical programs. She began her Bermuda insurance career at Colonial Group International.

“We are delighted to welcome Susan, and to offer our Bermuda clients the benefit of her considerable expertise in casualty insurance,” said Integro Bermuda Senior Vice President Kareen Richardson.

Ms. Thomas is a graduate of St. Joseph’s College in New York.

About Integro Bermuda
Integro Bermuda offers solutions to complex risk management challenges for our global clients, focusing on casualty, property, healthcare and specialty lines. Our Bermuda team serves as the international bridge between our clients and the Bermuda markets. The Bermuda office is located in downtown Hamilton at the Maxwell Roberts Building, 3rd Floor, One Church Street, Hamilton, Bermuda HM EX. 441-279-8010.


About Integro
Integro is an insurance brokerage and risk management firm. Clients credit Integro’s superior technical abilities and creative, collaborative work style for securing superior program results and pricing. The firm's acknowledged capabilities in brokerage, risk analytics and claims are rewriting industry standards for service and quality. Launched in 2005, Integro and its family of specialty insurance and reinsurance companies, some having served clients for more than 150 years, operate from offices in the United States, Canada, Bermuda and the United Kingdom. Its U.S. headquarter office is located at 1 State Street Plaza, 9th Floor, New York, NY 10004. 1-877-688-8701. www.integrogroup.com

Editorial Contact:
Betsy Van Alstyne
Integro
Tel: 212-295-5445
betsy.vanalstyne@integrogroup.com

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May 19, 2014

Integro Canada Broadens Surety Offerings Via Acquisition

Montreal and New York – International insurance brokerage and risk management firm Integro today announced the acquisition of Labbe & Associates by Integro’s Canadian operations, Integro (Canada) Ltd. This acquisition adds to Integro’s market leading construction practice. Financial considerations of the transaction were not disclosed.

In a separate but related transaction, the firm announced that Francois Giroux, who operated as a broker for Labbe & Associates, has also joined Integro Canada.

“Labbe and Giroux enhance our industry-recognized surety bond offerings and provide specialist expertise serving the general contractor and road builder sectors throughout Quebec,” said Robert Dunn, chairman of Integro Canada and leader of its Montreal operations.

Labbe & Associates founder Marc Labbe will lead the surety department administration in Integro Canada’s Montreal office, which is one of the largest surety books in Quebec.

About Integro (Canada) Ltd.
Established in 2005, Integro Canada provides commercial clients, from coast to coast, with solutions to complex risk challenges from its offices in Montreal, Toronto and Vancouver. The firm offers a broad array of brokerage services with specialties in Mining, Manufacturing, Construction, Marine, Real Estate and Recreational. Integro Canada is a division of Integro Insurance Brokers, an international insurance brokerage and risk management firm based in New York. Its Toronto office is located at 199 Bay Street, Commerce Court West, Suite 4800, Toronto, Ontario M5L 1E8. 416-619-8000.

About Integro
Integro is an insurance brokerage and risk management firm. Clients credit Integro’s superior technical abilities and creative, collaborative work style for securing superior program results and pricing. The firm's acknowledged capabilities in brokerage, risk analytics and claims are rewriting industry standards for service and quality. Launched in 2005, Integro and its family of specialty insurance and reinsurance companies, some having served clients for more than 150 years, operate from offices in the United States, Canada, Bermuda and the United Kingdom. Its U.S. headquarter office is located at 1 State Street Plaza, 9th Floor, New York, NY 10004. 1-877-688-8701. www.integrogroup.com

Editorial Contact:
Betsy Van Alstyne
Integro
Tel: 212-295-5445
betsy.vanalstyne@integrogroup.com

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June 10, 2014

Brokerage Expert Ayesha Navarro Joins Integro Canada's Toronto Office

Integro Canada today announced the hiring of Ayesha Navarro as a Principal in the Toronto office.

Navarro joins Integro Canada from Willis, where she had been Senior Vice President. She brings more than 25 years broker experience to Integro, a career that began at Marsh & McLennan in 1987, and has included increasingly responsible positions at Aon and Willis.

“Ayesha brings strong strategic and tactical skills in the placement and service of diverse client portfolios,” said Mark Rankin, President of Integro Canada. “Her experience with global businesses and a variety of insurance industry disciplines, as well as her personal journeys, have combined to create an extensive worldwide network. We are delighted to welcome Ayesha and make her expertise available to our clients.”

Navarro’s areas of expertise include: Captives, Property, Liability, Trade Credit, Consumer Warranty, Boiler and Machinery, Cargo Insurance, Tech E&O and Cyber.

Navarro, who was born in Calcutta, India, and moved to Canada at age 14, holds a Bachelor of Arts degree in economics from York University.

About Integro (Canada) Ltd. Established in 2005, Integro Canada provides commercial clients, from coast to coast, with solutions to complex risk challenges from its offices in Montreal, Toronto and Vancouver. The firm offers a broad array of brokerage services with specialties in Mining, Manufacturing, Construction, Marine, Real Estate and Recreational. Integro Canada is a division of Integro Insurance Brokers, an international insurance brokerage and risk management firm based in New York. Its Toronto office is located at 199 Bay Street, Commerce Court West, Suite 4800, Toronto, Ontario M5L 1E8. 416-619-8000.

About Integro Integro is an insurance brokerage and risk management firm. Clients credit Integro’s superior technical abilities and creative, collaborative work style for securing superior program results and pricing. The firm's acknowledged capabilities in brokerage, risk analytics and claims are rewriting industry standards for service and quality. Launched in 2005, Integro and its family of specialty insurance and reinsurance companies, some having served clients for more than 150 years, operate from offices in the United States, Canada, Bermuda and the United Kingdom. Its U.S. headquarter office is located at 1 State Street Plaza, 9th Floor, New York, NY 10004. 1-877-688-8701. www.integrogroup.com

Editorial Contact:
Betsy Van Alstyne
Integro
Tel: 212-295-5445
betsy.vanalstyne@integrogroup.com

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June 12, 2014

Integro Acquires Benefits Firm Lugo & Associates

Integro today announced it has acquired the assets of Newport Beach, CA-based employee benefits specialist Lugo & Associates Insurance Services Inc. for an undisclosed sum.

“Mike Lugo and his team are a great fit with our existing benefits business,” said Marc Kunney, President of Integro North America. “Lugo & Associates focuses on group health and 401(k) and pension plan clients in the small to medium size markets, a great complement to Integro’s larger company client base. With his vast experience in this market, Mike will lead the small to mid-size group division serving clients with fewer than 250 employees.”

Integro and Lugo & Associates know each other well. Lugo has had a working relationship with TRG Insurance Services, an Integro company, for years, and has been based in TRG offices in Newport Beach, CA.

About Integro
Integro is an insurance brokerage and risk management firm. Clients credit Integro’s superior technical abilities and creative, collaborative work style for securing superior program results and pricing. The firm's acknowledged capabilities in brokerage, risk analytics and claims are rewriting industry standards for service and quality. Launched in 2005, Integro and its family of specialty insurance and reinsurance companies, some having served clients for more than 150 years, operate from offices in the United States, Canada, Bermuda and the United Kingdom. Its U.S. headquarter office is located at 1 State Street Plaza, 9th Floor, New York, NY 10004. 1-877-688-8701. www.integrogroup.com

Editorial Contact:
Betsy Van Alstyne
Integro
Tel: 212-295-5445
betsy.vanalstyne@integrogroup.com