Canadian Underwriter

Keyword
acquisition

Bigger fish eating smaller fish; M&A concept
News AssociationsEarnings / RatingsInsuranceMarkets / Coverages

Canada’s largest P&C insurers growing larger: AM Best

September 12, 2022 by Jason Contant

Canada’s Top 10 property and casualty insurers control almost three-quarters of the marketplace, with the remaining participants competing for the balance of available premium, ratings agency AM Best said during an industry event Friday. The Top 10 P&C carriers control

Partners working hard for success
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Acquisition sees Westland enter new industry vertical, U.S. market

September 8, 2022 by Jason Contant

Westland Insurance has entered a new industry vertical and the U.S. market for the first time with the acquisition of Front Row Insurance Brokers Inc., one of the largest and most respected film and entertainment insurance brokers in North America.

Concept of file sharing on blackboard, shows the concept of "transferring" a document
News BrokersLegislation / RegulationMergers and Aqcuisitions

Why this broker was fined $700 after an acquisition

March 3, 2022 by David Gambrill

An Alberta broker has been fined $700 for failing to transfer her broker’s license when the Co-operators General Insurance Company took over the ownership of her brokerage. Brokers in Alberta and other provinces must have a license that is connected

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Westland’s M&A war chest expands

January 12, 2022 by Alyssa DiSabatino

Westland Insurance Group Ltd., a property and casualty insurance brokerage, has expanded its war chest for mergers and acquisitions, thanks to its partnership with asset manager Blackstone Credit.  Blackstone will be investing an additional $250 million towards Westland’s growth, the

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Westland acquires brokerages in Ontario, Alberta

January 7, 2022 by Jason Contant

Westland Insurance has announced its first brokerage acquisitions of 2022 — Bunnell Hitchon Insurance Brokers in Ontario, and Rigby Insurance in Alberta. Bunnell Hitchon, in Brantford and Milton, Ont., was founded in 1890 and offers a wide range of personal

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Westland’s acquisition spree continues

December 10, 2021 by Jason Contant

Large independent Canadian-owned brokerage Westland Insurance Group Ltd. continues its acquisitions of western Canadian brokerages with the purchase of Reider Insurance.  Westland announced Dec. 7 the acquisition of Reider Insurance in Winnipeg. It follows the acquisitions of Church Eaton Insurance of Calgary and

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Westland makes two more acquisitions

December 6, 2021 by Jason Contant

Westland Insurance Group Ltd. has announced the acquisition of two brokerages in the Canadian Prairies: Church Eaton Insurance of Calgary and Hook Lafrance Insurance in Regina. Westland’s president and chief operating officer Jamie Lyons said in a press release Monday

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BrokerLink acquires brokerages in Alberta, Ontario

November 16, 2021 by Jason Contant

BrokerLink has announced the acquisition of three new brokerages in Canada — one in Alberta and two in Ontario. The Intact Financial Corporation subsidiary said Monday it had acquired Alberta-based Blue Circle Insurance Brokers Ltd., as well as Ontario-based Stevenson

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The latest acquisitions from Westland and Hub

October 7, 2021 by Jason Contant

Large brokerages Westland Insurance Group Ltd. and Hub International Limited have both announced recent mergers and acquisitions activity. On Tuesday, Surrey, B.C.-headquartered Westland said it had acquired personal and commercial lines brokerage Insurance Unlimited in Mississauga, Ont. The following day,

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Westland announces third acquisition in one-week period

September 15, 2021 by Jason Contant

Westland Insurance Group Ltd. has announced the acquisition of Tredd Insurance Brokers in Toronto and Calgary, one week after it acquired two other brokerages in Alberta. Tredd Insurance offers commercial insurance, with specialties including but not limited to transportation, oil

looking up car insurance rates on a laptop
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RATESDOTCA acquires LowestRates.ca

September 14, 2021 by Jason Contant

Editor’s Note: This story has been updated to include information from RATESDOTCA.   Rate comparison site RATESDOTCA has acquired fellow aggregator LowestRates.ca. LowestRates.ca will continue to operate as a separate site and independent source of financial services information and rates,

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BrokerLink doubles size in Atlantic Canada, buys brokerages in Ontario and Alberta

August 9, 2021 by Jason Contant

BrokerLink has doubled its presence in Atlantic Canada and is now one of the largest brokerages on the east coast following its acquisition of Archway Insurance and South Coast Insurance Agency Limited. BrokerLink, a subsidiary of Intact Financial Corporation, announced