New York-based insurance brokerage and risk management firm Integro acquired The Rule Group of Pasadena, Calif. Financial terms of the transaction were not disclosed.
Founded in 1907, The Rule Group consists of three divisions:
- The Rule Company, a provider of 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.
Bob Clemo, Rule Group chairman and chief executive officer, and his staff will join Integro and continue providing services through Rule‘s offices in Newport Beach, Pasadena and San Francisco.
The Rule Group brokerage offers commercial insurance, risk management, solid waste insurance, employee benefits and personal insurance services. Integro is an insurance brokerage and risk management firm designed to serve organizations with complex risks.
In other news:
North American Company named Lance Burke sales vice president. Burke will work closely with current and potential North American Partner MGAs in the Pacific Northwest region.
Over the past 13 years, Burke has worked for carriers including Minnesota Life, Genworth Financial and West Coast Life. Throughout his career, Burke has been responsible for growth in sales, and has gained considerable experience in indexed universal life (IUL) products. Burke brings an understanding of the independent distribution market to North American Company, and will focus his time on contributing to the growth of North American’s Partner Program.
Glenn Giveans joined AmeriHealth Casualty Insurance Company (AHC) as vice president of sales and marketing. Giveans will report to Don Liskay, president and CEO of AmeriHealth Casualty.
In his new position, Giveans is responsible for the sales and marketing of all AHC’s insured, third party administrator and service products, as well as customer service. He will work closely with the AHC senior team to realign duties and responsibilities in order to focus the company’s sales and customer service efforts.
Giveans brings 20 years of experience in sales, account management, staff management and commercial underwriting. Most recently, he served as branch vice president at PMA Insurance Group where he oversaw the eastern Pennsylvania and New Jersey markets. Prior to his tenure at PMA Insurance Group, Giveans worked for the Reliance Insurance Company in various underwriting and sales positions. He began his career in Michigan as an underwriter at Cigna.