Mission Viejo-based E&O Professional Risk Management and Insurance Services LLC has been acquired by Integro Ltd. in New York.
Terms were undisclosed.
E&O Professional specializes in niche segments of errors-and-omissions insurance market. It was founded in 2008 by Sheri Pontolillo, who will continue to oversee the group within Integro.
Integro was founded in 2005 and was ranked the 7th largest independent agencies in the U.S. based on 2013 property-and-casualty revenue, with about $132 million. It’s a holding entity for various insurance brokerage firms, including Argo Insurance Brokers, Multimedia Risk Inc. and the Rule Group.
It has an office in Newport Beach for the Rule Group unit.
