Sign up for IQ Index
The latest industry news to your inbox.
Integro’s entertainment and sports division has rebranded as Tysers, effective immediately, the leading insurance brokerage has announced.
Integro Entertainment and Sport – formed in 2015 following the acquisition of EIP (Robertson Taylor) – acquired Tysers, an historic insurance wholesaler based in the City of London, in June 2018.
The rebranding comes amid a wider shift across the Integro group, with all areas of its business moving to adopt the Tysers name. The combined business employs over 1,100 employees globally and places close to US$3 billion of insurance premiums.
Tim Thornhill, director of sales for entertainment and sport, comments: “By joining up with Tysers, Integro Entertainment and Sport becomes part of an incredible legacy.
“We’re excited to bring together these leading industry names under the unified brand of Tysers”
“We will continue to provide forward-thinking, nimble solutions for our clients who remain at the heart of what we do.”
David Abraham, Tysers’ head of global broking, adds: “Our Entertainment and Sport business has grown through acquisitions of a number of strong brands, including Robertson Taylor, Doodson, Ellis Clowes, ACJ and Integro.
“We’re excited to bring together these leading industry names under the unified brand of Tysers, celebrating our double centennial in 2020.”
Read IQ’s cancellation insurance feature, which includes contributions from Thornhill and Integro colleagues, in the latest issue, out now.
Get more stories like this in your inbox by signing up for IQ Index, IQ’s free email digest of essential live music industry news.
Miller, a specialist insurance and reinsurance broker, has made a play for a slice of the entertainment market with the appointment of four music insurance specialists.
Martin Goebbels will lead the team, joined by former colleagues Rose Burgess, Holly Leary and Pamela Choat. Goebbels will report to James Hands, head of Miller’s accident and health business.
Goebbels has 40 years’ experience in the industry and joins Miller from global insurance brokerage Integro, where he held the position of director, UK and Europe. Goebbels previously worked for music and event insurer Robertson Taylor, which Integro acquired in 2015.
“The team’s knowledge of the music industry and insurance market will enable us to hit all the right notes”
Burgess worked alongside Goebbels at Robertson Taylor and Integro and joins Miller as a technician. Leary joins as an account handler and broker, having specialised in the music industry with Albemarle Insurance Brokers and, more recently, Robertson Taylor and Integro. Choat also worked at Robertson Taylor, before moving on to Stafford Knight, Windsor’s, Apex and most recently back to Robertson Taylor/Integro.
Collectively, the team has extensive experience of the music and entertainment insurance industry. They have worked with individual artists bands on major tours, as well as helping management companies, festivals, concert promoters and booking agents.
“Bringing a team of this calibre to Miller can only be of great benefit to our clients. Their knowledge of the music industry and insurance market will enable us to hit all the right notes with our offering to parties in the music and entertainment sector,” comments Hands.
Get more stories like this in your inbox by signing up for IQ Index, IQ’s free email digest of essential live music industry news.
Global insurance brokerage and risk management firm Integro Insurance Brokers Holdings has acquired London-based Entertainment Insurance Partners Ltd (EIP), the parent company of Robertson Taylor Insurance Brokers.
Financial details were not disclosed, but the transaction has been approved by the Financial Conduct Authority in the UK, and the deal effectively means that Robertson
Taylor and rival firm Doodson are now both owned by Integro, bringing together two of the biggest brands in the live music insurance business.
“Integro and EIP have complementary skills and teams, which make this alignment of forces beneficial to clients and very exciting for all of us”
The purchase of EIP encompasses Robertson Taylor Insurance Brokers Ltd., Robertson Taylor International Insurance Brokers Inc, Walton & Parkinson Ltd, Longreach International Ltd, and ESIX LLC. Integro says that EIP has offices in London, New York, Los Angeles, Atlanta and Nashville.
Robertson Taylor CEO John Silcock and James Davies, global sales and marketing director, will continue in leadership roles and report to Neil Clayton, Integro’s global entertainment and sport practice leader. “Integro and EIP have complementary skills and teams, which make this alignment of forces beneficial to clients and very exciting for all of us,” states Clayton. “Our strategy is to continue expanding our global entertainment and sport practice, employing the skills of our combined businesses to add new products and services for clients in all geographies.”
EIP provides customised insurance and risk management services to artists, promoters, venues, productions and companies across the globe. It has insured nine out of the top ten highest grossing music tours of all time and handled 14 of 2014’s top 20 grossing tours. EIP handled insurance premiums of over £100million (€138m) during 2014, with more than 60% generated internationally.
The most recent purchase is the latest in an aggressive acquisitions programme by Integro. Other deals include UK-based Ellis Clowes in November, serving the global motorsports industry; Entertainment Risk Management Ltd in August, primarily serving brokers specialising in the film and TV industry; Stonehouse Conseillers in 2014, servicing the needs of commercial film production companies and international advertising agencies; entertainment and sports specialist Doodson Broking Group in 2013; and Allan Chapman James in 2012, specialising in independent film, TV and media industry sectors. North American acquisitions have included Ventura Insurance Brokerage, Inc in 2014, serving the film, TV, media and theatre industries; Canada’s Multimedia Risk Inc in 2013, serving the international film and TV production industry; and Frost Specialty, Inc in 2010, which focuses on the music industry from its Nashville base.
Robertson Taylor’s Silcock comments, “Together, EIP and Integro will become a combined force with unrivalled expertise, client and carrier relationships. It’s the start of a fantastic long-term partnership with a company that has a track record for innovation and an unwavering commitment to clients.”