XN Financial integrates operations from Canadian Intermediaries Ltd. under special risks brand

Montreal insurance provider XN Financial Services (Canada) Inc. has integrated staff and operations from Canadian Intermediaries Ltd. under its XN Special Risks brand.

“Canadian Intermediaries Ltd. has an established reputation for expertise and solutions delivery, a substantial portfolio of business and is an ideal vehicle through which to distribute XN Financial’s suite of products in Canada,” Dan Anber, XN Financial’s president and CEO noted in a statement.

“We are excited about harmonizing our activities and officially performing as one operation, while simultaneously exploring opportunities to provide brokers with additional value in new areas.”

CIL is operates as an underwriting manager and conduit to the Lloyd’s market. “We are is delighted to be associated with the XN Financial family, which will enable us to offer increased services and products to our loyal customer base and enhances our relationships with local and London markets, as well as the Lloyd’s brokers, who are a key part of our success over the past two decades,” Stephen Stonhill, director of CIL said in a statement. “We are dedicated to increasing product availability to our existing distribution network and expanding our core business through the established channels.”

The integration took effect in April.