NU Online News Service, May 6, 4:20 p.m. EDT--Two former Marsh executives and the founder of Arch Capital officially announced the formation of a new independent insurance brokerage firm named Integro, Ltd.--Latin for "make well, make better."

The New York-based firm announced the successful completion of a private securities placement that raised in excess of $300 million.

The company will be headed by Bob Clements, as chairman; Roger Egan, as chief executive officer; and Peter Garvey, as president.

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