New York, NY and West Hartford, CT (August 27, 2015) – International insurance brokerage and risk management firm Integro Ltd. today announced a significant enhancement of its physician-focused professional liability capabilities with the acquisition of a sector leader, HealthCare Risk Specialists, based in West Hartford, CT. Financial details of the transaction have not been disclosed.
HealthCare Risk Specialists, incorporated in 1998, provides custom designed as well as traditional professional liability insurance solutions to physicians and physician groups across the US. HealthCare Risk Specialists has built strong relationships with carriers as well as risk management driven Risk Retention Groups (RRGs), and developed unique programs for specialist physicians ensuring medical professionals gain access to the right protection at the right price.
Founder David Rossi will remain with the firm in a consulting capacity and Matthew LeBlanc, Principal, will assume leadership of the business unit. HealthCare Risk Specialists brokers and colleagues, including Peter Behnke and Cory Shane, will join Integro and remain in their West Hartford office, which becomes Integro’s first in Connecticut.
“Professional liability coverage is one of the most crucial and complex lines of insurance that healthcare providers purchase, and HealthCare Risk Specialists knows this space exceedingly well,” said Ruth Kilduff, Integro’s Healthcare Practice Leader. “Healthcare Risk Specialists will create a medical malpractice platform within Integro’s existing Healthcare practice with an expertise in placement at the individual practitioner and mid-size professional group level. We expect Matt and his team will play a significant role in Integro becoming an industry leader.”
Regarding the decision to align with Integro, LeBlanc said: “In addition to new relationships with carriers and clients, flying the Integro banner means HealthCare Risk Specialists is now positioned to offer a greater array of healthcare products, as well as employee benefits, cyber privacy, network security, and private client services to the benefit of our current and prospective clients.”
Healthcare Risk Specialists is located at 1034 Farmington Avenue, West Hartford, CT 06107.
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