International insurance broker and risk management firm Integro Ltd. announced that it has acquired AFL Insurance Brokers Ltd.’s Aviation division; a move that it said would enhance “Integro’s global sector presence with an additional dedicated aviation team that will be based in the United Kingdom.”
Terms of the transaction have not been disclosed.
Integro said “a significant portion of AFL Insurance Brokers’ aviation division’s book of business is in the United Kingdom and the United States, with additional business in Norway and Denmark. Its specialty expertise includes aviation hull and liability insurance with complementary surety bond products. Clients include helicopter fleets, fixed wing aircraft, rolling stock manufacturers, ground handlers, fleet maintenance and product manufacturers.”
The AFL Aviation team’s head, Director Eddy Dawson, and Senior Broker Andrew Forester, “will remain in their leadership roles and report to Terry Rolfe, head of Integro’s global Aviation practice.”
John Sutton, Integro’s president of international operations described adding “Dawson and his colleagues to Integro’s impressive aviation team,” would bring “a wealth of expertise, experience and relationships that will benefit Integro’s clients and prospects across the firm.”
Bob Finch, Managing Director of AFL, noted: “We have a very positive relationship with Integro and this transaction fits perfectly with our strategy to focus on the dynamic growth of our core businesses.”
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