Canadian Underwriter


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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

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BrokerLink completes largest Alberta acquisition to date

October 12, 2023 by Jason Contant

BrokerLink has completed its largest acquisition to date in Alberta with the purchase of Alpine Insurance Inc., the brokerage announced Wednesday. The brokerage also acquired Ontario-based Eagen Insurance Brokers Inc. Both deals were effective Oct. 1. “Alpine Insurance marks BrokerLink’s

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BrokerLink continues expansion with Atlantic Canada acquisition

September 13, 2023 by Jason Contant

BrokerLink continues its growth in Atlantic Canada with the acquisition of Nova Scotia-based brokerage Roger E. Strum Limited. Headquartered in Windsor, N.S., Strum Insurance has offered professional guidance for home, auto, motorcycle, recreational vehicle, boat and business insurance for more

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Rollover communication error lands BrokerLink in hot water

August 28, 2023 by David Gambrill

BrokerLink in Alberta got some unwanted regulatory attention after failing to inform a client about a rollover agreement the brokerage had made with a new insurer on behalf of a farm insurance client. As is common in P&C insurance, when

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A busy summer for M&A at two of Canada’s largest brokerages

August 9, 2023 by Alyssa DiSabatino

Summertime M&A has not been slowing down for BrokerLink and Westland Insurance who have respectively completed three and two more deals in August. For BrokerLink, the three latest deals account for a total of twelve in 2023 thus far, focused

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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

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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

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BrokerLink buys Burlington brokerage

June 6, 2023 Philip Porado

For the sixth time so far in 2023, BrokerLink has grown its market share through M&A, this time with the acquisition of Burlington, Ont.-based T.K. WoodMar Insurance & Financial Group. WoodMar has offered commercial (business owner, liability and commercial vehicle),

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BrokerLink president shares thoughts on brokerage M&A

May 24, 2023 by Jason Contant

BrokerLink still sees plenty of M&A opportunities in provinces where it currently operates and doesn’t have any immediate plans to expand into new geographic areas, the brokerage’s president told Canadian Underwriter in an interview Tuesday. BrokerLink is focusing its resources

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M&A transactions see Canadian and U.S. brokerages expand nationally

April 13, 2023 by Alyssa DiSabatino

M&A activity this month has seen two major Canadian brokerages—Westland and Brokerlink—expanding their practices nationally, and one U.S.-based brokerage entering the Canadian market.  B.C.-based Westland Insurance expanded its P&C practice with three acquisitions across Ontario, Alberta and Manitoba in April. 

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BrokerLink’s first deal of 2023

February 7, 2023 by David Gambrill

Alberta-based Myrnam Insurance Ltd. is BrokerLink’s first acquisition of 2023. The deal expands BrokerLink’s presence in St. Paul, Alta., and surrounding areas. As a fourth-generation, family-owned business, Myrnam Insurance has been providing auto, property, business and farm insurance across Alberta

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How two of Canada’s largest P&C brokerages closed 2022

January 9, 2023 by Jason Contant

Westland Insurance Group and BrokerLink ended 2022 with a bang, closing several merger and acquisition deals in December and bringing combined yearly transactions to more than 50 acquisitions. Westland announced in December the acquisition of Nova Scotia-based Gateway Insurance Group