New York, NY and Atlanta, GA (June 24, 2015) – International insurance broker and risk management firm Integro Ltd. today announced a further expansion of its benefits practice with the acquisition of Clearview Group, an Atlanta-based national health benefits consultant with a subspecialty serving the private equity industry. Financial details of the transaction have not been disclosed.
The addition of Clearview follows last November’s acquisition of Atlanta based benefits consultant Dominium and exemplifies Integro’s commitment to providing highly specialized and consultative employee benefits solutions.
Escalating healthcare costs are a major driver of corporations’ total cost of risk, and the wellness of employees is a critical success factor in controlling healthcare spending. Both Clearview and Dominium are recognized for providing innovative, efficient and cost effective solutions to these business challenges.
Clearview Group founder and Managing Partner Tony Cannata said the timing was right to align with Integro. “We are looking to continue our robust growth, and joining forces with Integro provides access to additional resources and analytics, as well as Integro’s impressive and extensive international risk management network.”
Integro President William Goldstein sees the Dominium and Clearview Group acquisitions adding a new dimension to Integro’s client services: “We understand that providing a full suite of risk management solutions to corporate clients means helping them contain the spiraling cost of employee benefits. Clearview has demonstrated skill in doing just that and we are delighted its talented staff will complement Integro’s expanding employee benefits offerings.”
“We believe the complementary skill sets of these two organizations—Dominium and Clearview–creates a superb benefits consulting organization that will become a formidable market presence nationally,” said Dominium CEO Scott Schanen. “Our combined talent, resources and capabilities will deliver a unique and proven ability to create value, reduce costs and improve employee health and productivity across a broad spectrum of employers.”
About Clearview Group Founded in 1998, Clearview Group provides a specialized approach to health and welfare benefit solutions that allows employers to realize significant cost reductions and maximized values. Clearview specializes in designing solutions for private equity firms looking to improve operating income and add value to all of their portfolio companies. Clearview is based in Atlanta at 200 Glenridge Point Pkwy, Suite 400, Atlanta, GA 30342.
About Integro Integro is an insurance brokerage and risk management firm. Clients credit Integro’s superior technical abilities and creative, collaborative work style for securing superior program results and pricing. The firm's acknowledged capabilities in brokerage, risk analytics and claims are rewriting industry standards for service and quality. Launched in 2005, Integro and its family of specialty insurance and reinsurance companies, some having served clients for more than 150 years, operate from offices in the United States, Canada, Bermuda and the United Kingdom. Its U.S. headquarter office is located at 1 State Street Plaza, 9th Floor, New York, NY 10004. 1-877-688-8701. www.integrogroup.com
Betsy Van Alstyne