INTEGRO GROUP, one of the largest insurance brokers internationally, will be changing the name of its sports and entertainment division to Tysers, following the acquisition of the 200-year-old insurance company in 2018.
Since launching in 2005, Integro has acquired a number of live entertainment-related companies, including Robertson Taylor, Doodson, Allan Chapman and James, as well as theatre broker W&P Longreach (formerly Walton & Parkinson).
Earlier this month, the company acquired Robert Fleming Insurance Brokers (RFIB) which has a presence in Asia, Middle East, Australia, Europe, and Bermuda.
“With those offices, we’re able to extend our global reach – and we’ve seen a huge amount of growth in music festivals and events in new territories such as Korea and the Middle East,” says Tim Thornhill, director of the entertainment & sport practice.
“Having [RFIB’s] local knowledge and expertise in new territories gives us a platform for further global growth in markets where entertainment and events are growing significantly globally, whilst keeping our colleagues focussed on top client service.”
Tysers co-head Jason Collins says, “This acquisition furthers our vision to become the leading independent specialist broker in the UK. Our combination positions us well for the benefit of both our clients and markets.”
In 2018, Integro says it entertainment team insured over 50 per cent of the Top 10 grossing artistes in 2018 and over 50 per cent of the top grossing promoters.
The rest of Integro retains its name.See also Backstage Star on page 38.