New York and London (November 11, 2015) – International insurance broker and risk management firm Integro Ltd. has become the world’s leading motorsports insurance broker with today’s announced acquisition of Lloyd’s broker Ellis Clowes. Financial considerations of the transaction have not been disclosed.
London and New York-based Ellis Clowes has led the field in global motorsports insurance for more than thirty years. The firm also provides tailored insurance solutions to clients operating in the conflict and security sector, marine and aviation.
“For over 30 years, Ellis Clowes has built an unrivalled reputation for providing services in the motorsports sector internationally, and we are delighted that Karen Ellis and her incredibly accomplished team of specialists in the UK and US have agreed to join us,” said Neil Clayton, leader of Integro’s global Entertainment and Sports practice. “Ellis Clowes is a great brand and strong addition as we build Integro’s sports specialty practice.”
Ellis Clowes also offers a spectrum of insurance products across a number of other professional sports, including tennis, cycling, rugby and golf, working with individuals, teams and governing bodies and event promoters.
“The scale and reach we will achieve by joining Integro will benefit our clients enormously,” said Ellis Clowes CEO Karen Ellis. “When Integro approached us, we recognized that their culture and plans would accelerate our growth, particularly in the United States. The fact that Integro has a complementary hostile territories and security team strengthens our joint position as a market leader in this sector.”
The Ellis Clowes brand and team will remain in place, and continue to be led by Karen Ellis, who also assumes the role of global head of motorsports within Integro’s global Entertainment and Sports practice, reporting to Neil Clayton.
About Ellis Clowes Ellis Clowes is a leading Lloyd’s of London insurance broker providing custom solutions to its clients for over 30 years. Areas of specialization include motor sport, commercial insurance, hostile territories as well as insurance services for high net worth clients. The firm also offers insurance products across many other global sports including golf, tennis, rugby and professional cycling, working with individuals, teams and governing bodies, and event promoters. Its origins lie with the iconic and highly respected Lloyd’s Broker, TL Clowes. Ellis Clowes is located 35 Great St Helens, London EC3A 6HB, UK with additional locations in Oxfordshire, UK and Rochester, NY.