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BrokerLink
Brokerage M&A deals heat up in Winter
December 5, 2018 by Jason ContantBrokerage mergers and acquisitions (M&A) are ramping up in Canada, with two separate deals in Ontario and Saskatchewan announced Tuesday. In Ontario, Burrows Insurance Group Inc., located in Peterborough and Oshawa, Ont., joined BrokerLink. In Saskatchewan, Andrew Agencies Ltd. acquired…
Two Ontario, two Alberta brokerages join BrokerLink
May 5, 2017 by Canadian UnderwriterBrokerLink has welcomed four brokerages – two in Ontario; two in Alberta – to the fold in a move that expands the company’s reach while providing the four brokerages and their employees greater access to resources and opportunities. The brokerages…
Intact reports Q1 cat losses of $88 million, aims to double direct-to-consumer business in ‘near term’
April 7, 2017 by Canadian UnderwriterIntact Financial Corp. recently reported its catastrophe losses, net of reinsurance, were $88 million for the first three months of 2017. Toronto-based Intact also says it wants to “double” its direct-to-consumer business in the “mid-term” and is nominating Sylvie Paquette,…
One Alberta brokerage and two from Ontario join BrokerLink
April 5, 2017 by Canadian UnderwriterOne Alberta brokerage and two Ontario brokerages announced on Tuesday that they will join BrokerLink, one of the largest Canadian property and casualty insurance brokerages. Alberta-based Full Circle Insurance Ltd. and Ontario brokerages Fairview Insurance Brokers Inc. and Steven Kaluski…
Two Ontario brokerages – Vision Insurance Brokers and Steele & Ferraro Insurance Brokers – join BrokerLink
March 3, 2017 by Canadian UnderwriterTwo Ontario brokerages – Vision Insurance Brokers Ltd. and Steele & Ferraro Insurance Brokers Limited – announced on Thursday that they will join BrokerLink, one of the largest property and casualty insurance brokerages in Canada. Terms of the transactions, finalized…
Ontario’s Lanoue Insurance Brokers joins Brokerlink
February 3, 2017 by Canadian UnderwriterBelle River, Ont.-based Lanoue Insurance Brokers Ltd. announced on Friday that it will join BrokerLink, one of the largest Canadian property and casualty insurance brokerages. Serving Ontario’s Windsor/Essex area, the firm specializes in personal, commercial, farm and marine insurance. Terms…
Insurers who fail to “adapt to what millennials are looking for” will let go of “majority” of customers: Intact president
October 20, 2016 Greg Meckbach, Associate EditorInsurance providers need to “rethink” how they provide advice to customers in their 20s and 30s, the president of Intact Insurance suggested Thursday to an audience of Ontario brokers. “Millennials still want advice,” Intact Insurance president Jean-Francois Blais said during…
Brokers are ‘not competition to each other,’ IBAO keynote speaker says
October 19, 2016 Greg Meckbach, Associate EditorInsurance brokers who compete against one another need to change their mindset and work with their competitors to address threats which could disrupt the industry, a speaker suggested Wednesday in Toronto. “If you all think each other are the competition,…
Intact Service Centre opens in Ottawa, two more planned for Toronto and Montreal
July 11, 2016 by Canadian UnderwriterIntact Financial Corporation (IFC) announced on Monday that the second Intact Service Centre has opened in Canada, this time in Ottawa. The first service centre opened in Calgary this February. With the launch of the new Intact Service Centre, Intact…
Cornerstone’s DaSilva resigns from IBAO board, Brian Purcell scheduled to be 2018 president
July 7, 2016 by Canadian UnderwriterBrian Purcell, broker/owner at James Purcell Insurance Broker Ltd., will “assume the position” of president of the Insurance Brokers Association of Ontario in 2018, IBAO announced Thursday. Wendy DaSilva, chief executive officer of Cornerstone Insurance Brokers Ltd., had been scheduled…
BrokerLink announces acquisition of Cornerstone Insurance Brokers Ltd.
July 5, 2016 by Canadian UnderwriterBrokerLink will welcome 90-plus employees and increase the property and casualty insurance brokerage’s footprint to more than 75 locations in Ontario with the acquisition of Cornerstone Insurance Brokers Ltd. The terms of the transaction were not disclosed, notes a statement…