Integro acquires bloodstock broker Howard Global Insurance ServicesReprints
New York-based Integro Ltd. has acquired London-based Howard Global Insurance Services Ltd., a Lloyd's of London broker that specializes in bloodstock, Integro announced Wednesday.
Terms of the deal were not disclosed.
David Howard, the CEO of Howard Global, said the company's management team will continue to oversee the Howard operations, Integro said in a statement.
“This is a significant addition not only as a complement to our existing international operations, but also in terms of providing our private clients with an ever-broader array of product offerings,” said John Sutton, managing director and co-leader of Integro's London operations, in the statement.
Bloodstock insurance typically covers valuable individual horses against risks such as mortality, illness and disease.