Roger Egan, the chief executive officer of New York-based insurance broker Integro, has left the firm.
A spokesman for the brokerage confirmed today that Mr. Egan had left the organization, but could provide no further details.
Mr. Egan, a former president at Marsh, was one of the founding members of Integro, which opened for business in 2005. Integro is headed by Bob Clements, chairman, and Peter Garvey, president.
Mr. Clements was the founder of Bermuda-based Arch Capital, which he left in 2005. Mr. Garvey was also a former president of Marsh.
Integro is today considered a top-100 brokerage firm with offices throughout the United States dedicated to large account or complex risk clients. It also has offices in Canada and Bermuda.
Late today, Integro released a statement naming Mr. Garvey to succeed Mr. Egan as CEO and president.
“As president of Integro since its inception, Pete has had responsibility for our professional staff and client service. I have the utmost confidence in him. Roger Egan was an exceptional colleague and remains a friend,” said Mr. Clements in the statement. “We continue to have the unanimous support of our board, which has given us on behalf of the shareholders its ongoing commitment to our future success.”
(This story was updated at 2:31 p.m. EDT)
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