Integro 2011 Revenue Tops $100MM; Establishes Four Divisions to Serve Clients; Kunney Named President, Integro USA DivisionFebruary 07 - 2012
New York, NY – Despite the chill of a challenging economy, insurance brokerage and risk management firm Integro today reported revenue increased 21% in 2011, to $101 million. Integro posted a similarly strong revenue gain in 2010.
“2011 was a terrific year for Integro,” said President and CEO Peter Garvey. “The vast majority of our growth was organic, and the strong close to 2011 is carrying into 2012. We are gratified that clients continue to discover Integro’s demonstrable advantages, and are increasingly selecting us as their broker of choice.”
To better serve its broadening client base going forward, Integro has established four client-centric divisions:
Integro USA: Focuses on providing quality broking services to U.S. clients facing complex risks. Marc Kunney, currently operations leader of the firm’s San Francisco office, has been named President of Integro USA. Nick Conca, operations leader of the firm’s New York office, will serve as executive vice president.
UK International Reinsurance and Wholesale Division: Focuses on property, casualty, aviation, and marine broking to the London and European markets on behalf of insurance companies and independent brokers worldwide. Led by Julian Samengo-Turner and Ron Whyte.
UK Specialty Reinsurance and Wholesale Division: Focuses on specialty lines broking to the London and European markets on behalf of insurance companies and independent brokers worldwide. Led by Toby Humphreys and John Sutton.
Integro Canada: Pan-Canadian insurance brokerage services delivered from offices in Toronto, Montreal and Vancouver. Canadian operations are led by Robert Dunn, Chairman, and Mark Rankin, President.
Integro’s U.S. reinsurance brokerage (ReSource Intermediaries) and its entertainment specialty group (Frost Specialty) will continue to report separately to Peter Garvey.
“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,” Garvey said.
Integro is an insurance brokerage and risk management firm designed to serve organizations with complex risks. Repeatedly praised and awarded for dedicated client service, Integro’s industry-leading brokers operate from offices worldwide. Its headquarter office is located at 1 State Street Plaza, 9th Floor, New York, NY 10004. 1-877-688-8701. www.integrogroup.com