November 4, 2013

Integro Canada Acquires Winnipeg-Based Multimedia Risk Insurance Brokers

Toronto and Winnipeg, Canada – Integro (Canada) Ltd. today announced its acquisition of Winnipeg-based Multimedia Risk Inc., a leading specialized insurance brokerage serving the national and international film and television production industry from offices in Canada and the United States. Financial considerations were not disclosed. Established in 1998, Multimedia Risk has brokered coverage for hundreds of film productions, including “The Expendables,” “The Mechanic,” “Midnight’s Children” and “Getaway” as well as television productions, ranging from “Heartland” and “Cracked” to “Corner Gas,” “Little Mosque on the Prairie,” “Cashing In” and “Todd and the Book of Pure Evil.” “Multimedia Risk adds to our geographic presence and enhances our expertise in entertainment,” noted Mark Rankin, president of Integro Canada. “With Integro offices in Montreal, Toronto and Vancouver, Multimedia gives us a physical presence in a fourth Canadian city and province, Winnipeg, Manitoba, and its diversified, flourishing economy. We are excited to welcome Claude Forest and his accomplished team, and to leveraging their success across the Integro organization.” Forest, who founded and leads Multimedia Risk, said, “We are proud of what we’ve accomplished over the past 15 years and are excited at the prospect of helping Integro assume a leadership role on the international entertainment risk management stage.” Multimedia Risk is the latest of several international entertainment sector acquisitions by Integro Canada’s parent company – New York-based Integro Insurance Brokers -- in recent years:
  • Doodson Broking Group, a UK-based entertainment and sports specialist (October 2013);
  • Allan Chapman & James, leading UK-based media insurance broker (August 2012);
  • Frost Specialty, Nashville, TN-based entertainment specialist (August 2010).
About Multimedia Risk Inc.  Since 1998, Multimedia Risk has provided insurance-related services to the national and international film and television industries -- covering the spectrum from micro budget to blockbuster productions. Multimedia Risk understands the complexities of motion picture and television production in all its forms, and tailors comprehensive, cost effective solutions delivered on time from offices in Canada and the United States. Its office is located at 52 Adelaide Street, Suite 200, Winnipeg, Manitoba, R3A 0V7. 1-866-975-1994. About Integro (Canada) Ltd.  Established in 2005, Integro Canada provides commercial clients, from coast to coast, with solutions to complex risk challenges from its offices in Montreal, Toronto and Vancouver. The firm offers a broad array of brokerage services with specialties in Mining, Manufacturing, Construction, Marine, Real Estate and Recreational. Integro Canada is a division of Integro Insurance Brokers, an international insurance brokerage and risk management firm based in New York. Its Toronto office is located at 199 Bay Street, Commerce Court West, Suite 4800, Toronto, Ontario M5L 1E8. 416-619-8000.