Integro joins London market with buy of Lloyd's broker.Specialty insurance broker Integro Ltd. said it acquired Lloyd's Lloyd's, London insurance underwriting corporation of many separate syndicates; often called Lloyd's of London. Founded in the late 17th cent. by a group of merchants, shipowners, and insurance brokers at the coffeehouse of Edward Lloyd, the association is now broker Humphreys Haggas Sutton Sutton, outer borough (1991 pop. 164,300) of Greater London, SE England. It is mainly residential, but plastics, chemicals, radio components, and paper goods are produced. The areas of Sutton were mentioned in the Domesday Book. & Co. Ltd., giving the startup broker access to the London market. Terms of the acquisition weren't disclosed. Integro said it has approval from the U.K. Financial Services Authority The Financial Services Authority ("FSA") is an independent non-departmental public body and quasi-judicial body that regulates the financial services industry in the United Kingdom. Its main office is based in Canary Wharf, London, with another office in Edinburgh. for the change of ownership. The name of the Lloyd's broker will be changed to Integro Insurance Brokers Ltd. Humphreys Haggas Sutton was founded in 1994 and has a staff of 26. HHS HHS Department of Health and Human Services. said it generates more than $200 million in annual premium income. Integro was launched last spring by the former chairman of Arch Capital Group Ltd., Robert Clements, and two former senior executives of Marsh & McLennan Cos., Roger Egan and Peter Garvey. |
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