New York, NY and London, UK (October 23, 2018) – International brokerage and risk management firm Integro Group Holdings LP today announced the acquisition of Precision Underwriting (Ireland) Ltd. Established in 2010, Precision Underwriting Ireland (PUI) is an independent MGA based in Cavan, Ireland (75 miles from Dublin). They specialize in Irish Solicitors Professional Indemnity coverage, with team members bringing 40 years of combined experience.
In addition to its strong team and existing book of business, PUI provides a number of strategic opportunities for Integro. Its strong platform will allow Integro to offer new products to Precision’s existing retail broker clients. In addition, the acquisition provides Integro entry into the Irish markets for further wholesale and retail growth.
Jason Collins, Co-head of Integro’s UK Wholesale operations, commented on the acquisition, “Precision Ireland is a talented team with strong growth prospects. They provide a platform to distribute new exclusive product into the Irish market.”
Stuart Taaffe, Precision Ireland’s Director, added, “We’re excited to join the Integro team. They have already been a great partner for a number of years, and we see significant opportunity to grow together.”
Integro is an international 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, Bermuda, and the United Kingdom. Its U.S. headquarter office is located at 1 State Street Plaza, 8th Floor, New York, NY 10004. 1-877-688-8701. www.integrogroup.com
Integro Insurance Brokers Ltd trades as a Lloyd’s accredited broker and is authorized and regulated by the Financial Conduct Authority. Its office is located at 71 Fenchurch Street, London, England EC3M 4BS. Phone: +44 (0)203 915 0000. www.integrogroup.com/uk/
Betsy Van Alstyne