Broker Integro Forms International Unit Based in London

April 5, 2007

Integro Ltd., a New York-based insurance brokerage and risk management firm, is forming an international insurance and reinsurance business unit based in London.

The new group will offer worldwide insurance and reinsurance business capabilities for independent brokers and partners. Its members will have access to the global markets.

Concurrently, Integro announced the hiring of Julian Samengo-Turner and Ron Whyte, who will lead the new unit and join the board of Integro in the U.K. Messrs. Samengo-Turner and Whyte formerly led Guy Carpenter’s global facultative reinsurance business unit.

Also joining Integro and its U.K. board is Marcus Hopkins, previously head of Guy Carpenter’s U.K. facultative reinsurance operation.

Roger Egan, Integro’s CEO, said his frm’s plan is to develop an independent insurance and reinsurance alternative to what is currently available in the marketplace. “We will do this by establishing an Integro presence in the major market centers throughout the world, and by enhancing our existing presence in London, Bermuda and Stockholm,” he said.

The new unit also provides an option for Integro’s international network of partnership firms that provide local placement and risk management services in major countries outside of North America.

Source: Integro
www.integrogroup.com

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