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Two companies signing an agreement to merge
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Two firms complete Ontario acquisitions

March 8, 2024 Philip Porado

BrokerLink announced its acquisition of Owen Sound, Ont.-based Hanbidge & Bowman Ltd. Insurance Professionals. The deal was effective Mar. 1, the company said said in a Mar. 5 press release. Hanbidge and Bowman Insurance was established in 1947 and provides

Business acquisition sealed with a handshake
News BrokersCommercial LinesEmploymentInsuranceMarkets / CoveragesMergers and AqcuisitionsProfessional Development

Hub’s latest Ontario brokerage acquisition

February 12, 2024 by Jason Contant

Hub International Ltd. has enhanced its personal, commercial and employee benefits services with the acquisition of Ontario brokerage Mitchell Sandham. Located in Oakville, Ont., Mitchell Sandham is one of the oldest and largest independently owned insurance brokerages in the Greater

Close-up of an insurance policy
News ClaimsClaims CanadaCommercial LinesEmploymentInsuranceMarkets / CoveragesProfessional Development

KPMG buys insurance claims practice

February 2, 2024 by Jason Contant

Professional services firm KPMG in Canada has purchased an insurance claims practice that offers income replacement benefit and related calculations, as well as commercial loss claims calculations for insurance companies and their customers. The acquisition of the claims practice of

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

McDougall’s Drayden Insurance acquires Alberta brokerage

January 3, 2024 by Jason Contant

Alberta brokerage Drayden Insurance has announced the acquisition of Darson Insurance Services in Stony Plain, Alta. Drayden Insurance is a division of Ontario brokerage McDougall Insurance, which itself is a subsidiary of Definity Financial Corporation. In October 2022, Definity increased

Three hands holding jigsaw puzzle pieces
News BrokersCommercial LinesInsuranceMarkets / CoveragesMergers and AqcuisitionsProfessional Development

BrokerLink completes triple acquisition

November 13, 2023 by Jason Contant

BrokerLink has expanded its well-established footprint in the Greater Toronto Area with the acquisition of brokerages All-Risks Insurance (Burlington), Dowhaniuk Insurance and Heinsoo Insurance.  BrokerLink announced Monday it completed the asset acquisition of Solutions Financial PCC Inc., operating as All-Risks

Brokerage merger concept
News InsuranceMarkets / CoveragesMergers and AqcuisitionsProfessional Development

Westland grows with Ontario brokerage acquisition

October 11, 2023 by Jason Contant

Westland has expanded in Ontario with the acquisition of family-owned brokerage David H. Coons Insurance Brokers Ltd. With roots tracing back to 1966, David H. Coons Insurance offers home, auto, commercial and travel insurance from its Burlington, Ont. office. The

Robert Beauchamp is Westland's VP of Quebec operations
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Westland appoints industry veteran to new VP role

June 9, 2023 by Jason Contant

Westland Insurance has appointed senior industry executive Robert Beauchamp as its new vice president of Quebec operations. Beauchamp will spearhead operations and drive growth in Quebec, the brokerage said in a press release. “This appointment marks Westland’s commitment to expanding

Mergers and acquisitions concept
News BrokersInsuranceMarkets / CoveragesMergers and Aqcuisitions

Westland expands reach in Ontario with latest acquisition

May 5, 2023 by Jason Contant

Westland Insurance has acquired Ontario-based First Durham Insurance & Financial Ltd., one of the largest and oldest full-service independent brokerages in the Durham Region. “Effective May 1, this acquisition helps Westland expand its reach in the important Ontario market,” Westland

Cheering fans at a music festival
News BrokersInsuranceMarkets / Coverages

Westland expands entertainment team with latest acquisition

March 6, 2023 Jason Contant

Westland Insurance has added to its entertainment team with the acquisition of Vancouver-based music insurance brokerage Shephard Ashmore Insurance Inc. The music insurance brokerage for more than 40 years pioneered music insurance programs for independent artists in the late 1970s,

Joining a puzzle on a blue background; M&A concept
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Westland acquires brokerages in two provinces

February 15, 2023 by Jason Contant

Westland Insurance continues its expansion across Canada with acquisition of Quebec-based Niche Assurance Inc. and Saskatchewan-based Heritage Insurance, effective Feb. 1. The latest acquisitions come a month after industry veteran Doug Morrow joined Westland as its new vice president of

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
News Insurance

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.