June 20, 2018 by Staff
Western Financial Group Inc. has acquired Axion Insurance Services Inc., an insurance brokerage with 10 locations in Ontario.
“Our employees and customers will benefit from Western’s commitment to the ongoing success of local insurance brokers by continuing to do the best we can for our customers each day,” Axion co-founder Donna Grabowski said in a news release.
Headquartered in High River, Alta., Western provides personal and business insurance services through more than 178 locations. This marks the brokerage’s first acquisition outside of Western Canada.
“I’m very pleased to welcome Axion to the Western family,” said Kenny Nicholls, Western’s president and CEO. “As part of our Canadian expansion strategy, we are excited to make our first acquisition beyond the borders of the four Western provinces and we felt that Ontario was an ideal place to start.”
Western is a subsidiary of Trimont Financial Ltd., a subsidiary of The Wawanesa Mutual Insurance Company.
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This story was originally published by Canadian Insurance Top Broker.