Insurance brokerage and risk management firm Integro announced today that it acquired HealthCare Risk Specialists in West Hartford, Connecticut. Financial details of the transaction have not been disclosed.
HealthCare Risk Specialists, incorporated in 1998, provides custom-designed as well as traditional professional liability insurance services to physicians and physician groups across the U.S. Integro said HealthCare Risk Specialists has built strong relationships with carriers as well as risk management-driven Risk Retention Groups (RRGs), and developed programs designed for specialist physicians.
HealthCare Risk Specialists’ founder David Rossi will remain with the firm in a consulting capacity and Matthew LeBlanc, managing principal, will assume leadership of the business unit. HealthCare Risk Specialists brokers and colleagues will join Integro and remain in their West Hartford office, which becomes Integro’s first office in Connecticut.
Ruth Kilduff, Integro’s Healthcare practice leader, said Healthcare Risk Specialists will create a medical malpractice platform within Integro’s existing Healthcare practice with an expertise in placement at the individual practitioner and mid-size professional group level.
Integro announced earlier this month that it is being acquired by private equity firm Odyssey Investment Partners LLC. That transaction is expected to close in the fourth quarter of 2015.
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