Integro expands in CaliforniaReprints
Insurance brokerage and risk management firm Integro has acquired the Rule Group of Pasadena, Calif., New York-based Integro announced Monday.
The Rule Group, which was founded in 1907, consists of three divisions: the Rule Co., which providers insurance and risk management services; TRG Insurance Services, an employee benefits consultant; and Solid Waste Insurance Managers, one of the largest providers of insurance products to waste haulers in the western United States.
“The Rule Group joining the Integro family of companies is a landmark development for both firms,” said Integro CEO Peter Garvey in a statement. “We've taken our time to find the best group of professionals to establish a Southern California presence for Integro.”
Rule Group Chairman and Chief Executive Officer Bob Clemo and his staff will join Integro and continue providing services through Rule's offices in Pasadena, Newport Beach, Calif., and San Francisco.
Financial terms of the transaction were not disclosed.