Company History

1971 - A new group health & life business was introduced.

1978 - Farnell & Smith was incorporated with each of the principals retaining a 50% interest in the firm.

1982 - Farnell & Smith began offering third party administration services in conjunction with its insurance brokerage services.

1990 - The firm developed a network of prominent stop-loss reinsurance carriers to assist with the expansion of its' partially self-funding operation. The company also contracted with a national benefits administrator to assist with the newly formed Section 125 Cafeteria administrative services.

1993 - The firm aligned itself with the Alliance PPO, a regional based Preferred Provider Organization, which allowed it to offer a managed care option. The company has since expanded its' managed care operations by aligning itself with national PPO networks located throughout the country.

1997 - Dave Smith became the sole owner with the Farnell & Smith name remaining in effect.

2000 - On January 1, the company name was changed to INTEGRA Administrative Group, Inc.

TODAY - The insurance brokerage and third party administration operation is composed of 20 employees and maintains a client base of some 100 employer groups ranging in size from 25 employees to 500+ employees. Claim payments during 1999 exceeded $17,000,000.

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