New York-based Integro has acquired Windward International Inc., a marine insurance broker based in New Jersey.
Terms of the deal were not disclosed.
Windward International Inc. has developed a significant subspecialty in brown water coverage, the industry term for inland and coastal marine operations, chiefly tug and barge, ship repair, marine construction and related coverage.
The deal allows Integro to expand its marine practice, one of its key specialty groups, said Integro Marine practice leader Gary Moore. “Our markets and client profiles align perfectly; and culturally, the two firms are a great fit.”
Windward International’s Joseph Cacici and Jenna Brown will join Integro’s marine practice in New York City.
Topics Mergers & Acquisitions
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