Canadian Underwriter

Topic Mergers and Aqcuisitions

News AlbertaBrokersMergers and Aqcuisitions

The link between the Edmonton Oilers and Arthur J. Gallagher’s latest acquisition

August 5, 2020 by David Gambrill

Arthur J. Gallagher & Co. has acquired Edmonton, Alta.-based Insight Insurance & Risk Management Ltd., the official insurance brokerage of NHL hockey’s Edmonton Oilers. Founded in 2013 by CEO Alexis Harke, Insight is a retail insurance broker serving clients throughout

News BrokersCommercialConstructionCyberEmerging RisksMergers and AqcuisitionsRisk ManagersTrending

How Aon and Willis are progressing on proposed merger

August 4, 2020 by Greg Meckbach

The acquisition of Willis Towers Watson plc by Aon plc is on track to close in less than a year as Aon officials don’t seem concerned the deal will be blocked by competition regulators. “We are exactly on track with

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Claims tech vendor faces possible hostile takeover

July 13, 2020 by Greg Meckbach

A hostile takeover of Canadian claims software vendor Symbility’s corporate parent could be in the works. CoreLogic Inc. announced last week its board of directors is rejecting a takeover offer from Senator Investment Group LP and Cannae Holdings Inc., which

News BrokersManagementMergers and AqcuisitionsNew BrunswickNova ScotiaOperationsP.E.I.

Navacord expands east into three more provinces

July 7, 2020 by Greg Meckbach

With four new partnerships announced July 6, commercial brokerage Navacord now has offices in Prince Edward Island, Nova Scotia and New Brunswick. “We are now coast to coast,” Navacord executive chairman T. Marshall Sadd said Monday in an interview. Cooke

News BrokersInsurersManagementMergers and AqcuisitionsOperationsTrending

Here’s how P&C pros say the recession will impact insurance

June 26, 2020 by Adam Malik

The recession will be long and painful so brokers and insurers need to settle in and do what they do best, property and casualty experts said. And don’t be surprised if some mergers and acquisitions activity push forward as tough

News BrokersManitobaMergers and AqcuisitionsSaskatchewan

Andrew Agencies buys Saskatoon brokerage with two offices

June 16, 2020 by Greg Meckbach

Saskatoon Insurance Agencies, which places home, auto, commercial and farm coverage, has been acquired by Andrew Agencies Ltd. effective June 1. Based in the Manitoba community of Virden, about 80 kilometres west of Brandon, Andrew now has 20 offices in

News Mergers and AqcuisitionsQuebec

Post-merger, new name awaits Canada’s third-largest P&C mutual

June 4, 2020 by Greg Meckbach

La Capitale and SSQ Insurance are expected to merge July 1 to form Canada’s largest mutual insurer, Quebec City-based La Capitale Insurance and Financial Services said Thursday. “The name of the new company will be announced in the next few

News BrokersCatastrophesMergers and Aqcuisitions

Q&A: Business Continuity in the Digital Age

June 1, 2020 by David Gambrill

As an industry challenged by all of the various disasters that the world has to offer, many Canadian property and casualty insurance companies already had business continuity plans in place to keep their operations running in the face of a

News InsurersMergers and Aqcuisitions

What Intact’s next acquisition target might look like

May 14, 2020 by Greg Meckbach

Don’t be surprised if you see Intact Financial Corp. announce the acquisition of a United States-based commercial specialty property and casualty insurer in the future. During a fireside chat Wednesday with John Aiken, Toronto-based financial service analyst with Barclays, Intact

News BrokersMergers and Aqcuisitions

Montreal commercial brokerage acquired by Hub International

May 13, 2020 by Greg Meckbach

Hub International Limited announced Wednesday it has acquired Vestas Financial Services Firm Inc., a Montreal property and casualty brokerage whose target markets include architects and engineers. Chicago-based Hub, which was formed in 1998 through the merger of 11 Canadian brokerages,

Feature ManitobaMergers and AqcuisitionsOperations

Ripple effects

May 7, 2020 by Jason Contant, Online Editor

How will the deal between Aon and Willis Towers Watson affect brokers in Canada?

News Mergers and Aqcuisitions

The thinking behind the latest OMERS P&C insurer deal

May 5, 2020 by Greg Meckbach

By selling a good chunk of its runoff business to one of Canada’s largest pension plans, Fairfax Financial Holdings Ltd. is allowing that business to buy discontinued Lloyd’s books while still allowing Fairfax to invest in its other insurers, CEO