Integro Insurance Brokers has acquired the assets of Newport Beach, Calif.-based employee benefits specialist Lugo & Associates Insurance Services Inc., it was announced on Thursday.
The acquisition was for an undisclosed sum.
“Mike Lugo and his team are a great fit with our existing benefits business,” Marc Kunney, president of Integro North America, said in a statement. “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.”
New York, N.Y.-based Integro is primarily on serving organizations with complex risks.
Topics Mergers & Acquisitions California
Was this article valuable?
Here are more articles you may enjoy.
Chubb to Serve as Lead US Insurer for Gulf Shipping Amid Iran War 
Stryker Remains Offline After Cyberattack Linked to Iran Group 
Fund Trying to Turn New Mexico Desert into an Advanced Tech Hub 
US Offers $20 Billion Reinsurance Plan to Spur Gulf Oil Flow 
