ReSource Acquires Reinsurance Advisory Services

ReSource Intermediaries Inc., the reinsurance advisory and brokerage operation of Integro, has acquired Reinsurance Advisory Services Inc. (RAS), a risk advisor and reinsurance intermediary focused on health care. Integro says financial details of the transaction were not disclosed.

RAS was launched in 2003 and continues to be led by its founder, Peter Robinson, who will report to ReSource Intermediaries’ president, Bob Kennedy, says Integro.

RAS is described as having a deep expertise in managed health care, health, accident, property catastrophe and casualty reinsurance markets, and works extensively with health plans and insurance companies owned by multi-hospital systems and other provider groups. The firm’s client base includes national, regional and purpose-built insurance companies; federal and state governmental entities; alternative risk entities such as captives and risk retention groups; and managing general underwriters, says Integro.