Canadian Underwriter

Canada Brokerlink breaks $200 million barrier

January 1, 1999   by Canadian Underwriter

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Canada Brokerlink has added two Ontario brokers pushing total annualized premium volume to more than $200 million.

The publicly traded broker network acquired Hawkesbury-based Charbonneau Bercier Taillon Insurance Brokers Ltd. which has premium volume of approximately $5.1 million and Thunder Bay-based Gordon A. Wilson Insurance Brokers with annual premiums of $2.1 million. The purchases boost Canada Brokerlink’s existing $198.5 million premium threshold through to $205.7 million.

With these acquisitions and five other recent additions, the company now has 15 owned and 18 member brokerages in Alberta and 32 owned brokerages across Ontario. Over the past two years, Canada Brokerlink has grown to 11 times its original size of $18.3 million premiums, as recorded at December 1996.

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