Canadian Underwriter

Acera Insurance

M&A concept
News AnnouncementsBrokersMergers and Aqcuisitions

The P&C benefits firm buying frenzy continues

July 31, 2023 by Alyssa DiSabatino

Acera Insurance Services Ltd. is merging with Prizm Financial Inc. to expand its benefits division.  The deal follows an ongoing trend of P&C firms expanding their offerings into the financial services realm by becoming one-stop shop for their commercial and

Connected puzzle pieces with acronym M&A
News BrokersInsuranceMarkets / CoveragesMergers and AqcuisitionsProducts

M&A frenzy continues with multiple deals announced

July 19, 2023 by Jason Contant

Correction: The article has been amended to show Andrew Agencies has 22 locations, not 200 as previously reported. Canadian Underwriter apologizes for the error.    On the heels of separate deals that closed at the beginning of the month, large

M&A concept
News BrokersCommercial LinesInsuranceMarkets / CoveragesMergers and AqcuisitionsProducts

Large Canadian brokerages announce latest M&A deals

July 13, 2023 by Jason Contant

Canadian P&C brokerage merger and acquisition activity continues to burn red-hot in the second half of 2023, with large brokerages BrokerLink and Acera Insurance announcing a combined three deals recently. BrokerLink acquired Ontario-based Donnell Insurance Brokers Ltd. and New Brunswick-based

Group of diverse businesspeople following a merger
News AnnouncementsBrokersCommercial LinesInsuranceMarkets / CoveragesMergers and AqcuisitionsProfessional Development

CapriCMW and Rogers Insurance announce merger

September 20, 2022 by Jason Contant

British Columbia-based CapriCMW and Alberta-based Rogers Insurance have announced that they have merged and will be known as Acera Insurance. The merger will create a company with 1,000 employees located in more than 50 offices across Alberta, B.C., Ontario and