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February 8, 2012 Newswires
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Integro Reorganizes Into Four Operating Divisions

Jeff Jeffrey
By Jeff Jeffrey
A.M. Best Company, Inc.

Insurance broker Integro is in the process of implementing a reorganization that will create four divisions designed to better meet client needs.

The first division, Integro USA, will focus on providing brokering services to U.S. clients. The company has named Marc Kunney, currently operations leader of the firm's San Francisco office, to serve as president of Integro USA. Nick Conca, operations leader of the firm's New York office, will serve as executive vice president.

Integro's U.K. international reinsurance and wholesale division will focus on property/casualty, aviation and marine services to the London and European markets on behalf of insurance companies and independent brokers worldwide. It will be led by Julian Samengo-Turner and Ron Whyte.

The company's U.K. specialty reinsurance and wholesale division will work on behalf of insurance companies and independent brokers on specialty lines services. The division will be led by Toby Humphreys and John Sutton.

Integro Canada will provide insurance brokerage services from offices in Toronto, Montreal and Vancouver. Canadian operations are led by Robert Dunn, chairman, and Mark Rankin, president.

"These divisions enable Integro professionals to best meet client needs from a front-line perspective, and we think that's all to the good for providing clients innovative solutions for complex risks," Peter Garvey, president and chief executive officer, said in a statement.

The company's reorganization follows a move made last year to expand its offerings on the West Coast. In May, Integro purchased Argo Insurance Brokers in a "tactical acquisition" to expand its West Coast presence and specialty product offerings. Argo is continuing to operate out of its California locations under its own name under the deal signed May 13 (Best's News Service, May 18, 2011).

In 2010, the New York-based insurance brokerage and risk management firm acquired ReSource Intermediaries Inc. in October in a move to become a U.S. reinsurance broker. ReSource focuses on reinsurance for health care and professional liability sectors (Best's News Service, Oct. 12, 2010).

(By Jeff Jeffrey, Washington Correspondent: [email protected])

Copyright:  (c) 2012 A.M. Best Company, Inc.
Wordcount:  327

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