Integro Ltd. has acquired London-based Stonehouse Conseillers Ltd., a specialist insurance broker serviing the needs of commercial film production companies and international advertising agencies.
Financial details of the transaction were not disclosed.
“Entertainment is a key niche area for Integro and this acquisition demonstrates our continued commitment to become the broker of choice for clients who work in this sector,” said Integro President and Chief Operating Officer Bill Goldstein, in a statement. “We recently expanded our entertainment practice specialties and adding the Stonehouse capabilities to our team is great news for our clients.”
Integro has been building its entertainment practice through acquisitions, including Frost Specialty, Allan Chapman James, Doodson Broking Group and Multimedia Risk.
The current Stonehouse management team, led by Directors Mark Good and Tony Wall, will remain in place and will partner with other Integro Entertainment specialists, Integro said in the statement.