New York, NY (May 7, 2015) – International insurance brokerage and risk management firm Integro Ltd. today announced a significant addition to its Trade & Logistics practice with the acquisition of Energy Insurance Brokers, Inc. Financial details of the transaction have not been disclosed.
Established in 1989, Energy Insurance Brokers (EIB) specializes in Trucking and Energy risks. EIB founder Michael Reilly and his staff will join Integro’s Trade & Logistics practice.
“Energy Insurance Brokers’ vast experience writing coverage for motor carriers and serving the Energy sector brings expanded capabilities to Integro’s growing national and worldwide Logistics practice, and opens new markets to us,” said Phil DiChiara, Integro’s global Trade & Logistics practice leader.
Energy Insurance Brokers also gives Integro an upstate New York office presence. EIB’s staff will remain in its East Greenbush location, outside of Albany.
William Goldstein, Integro president, noted the national and international benefits of adding EIB: “Partnering with Mike and his impressive team will enable us to expand our trucking program on a nationwide basis, and EIB’s international presence will open untapped markets overseas. We welcome our new colleagues and their shared approach of creating and customizing liability programs for clients.”
Reilly, who will continue in a leadership role, said “Joining Integro is a tremendous opportunity, offering an incredible infrastructure and an equally impressive network. We are proud to bring our specialty expertise to Integro, which we are confident will enhance its position as a leading provider of transportation and logistics coverage solutions.”
About Energy Insurance Brokers Energy Insurance Brokers is located at 73 Troy Road, East Greenbush, NY 12061; phone (800) 666-0732. www.energyins.com
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