Entertainment Risk Management bosses John Green and Karl Crawford will continue in their leadership roles
US-based broking group broker Integro has bought managing general agency (MGA) Entertainment Risk Management (ERM).
Financial details of the transaction have not been disclosed.
ERM writes insurance for brokers that specialise in the film and television media industry.
It was launched in 2002 by John Green and Karl Crawford, who will continue in their leadership roles and report to the head of Integro’s global Entertainment practice Neil Clayton.
Clayton said: “ERM adds an important element to Integro’s entertainment sector capabilities.
“ERM will continue to operate as a Lloyd’s cover holder serving an international network of retail brokers providing a specialist underwriting service for their clients.
“ERM rightfully expects Integro will provide greater financial strength to develop new underwriting systems and new product lines which are complimentary to ERM’s core business.”