Canadian Underwriter

Blocks with M&A written on them
News BrokersInsuranceMergers and Aqcuisitions

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

A set of dice that spell "rebrand," with one letter per dice. A hand is pushing the first two dice forward.
News MGAs

Canadian MGA adopts new national brand

February 1, 2022 by Alyssa DiSabatino

Agile Underwriting Solutions announced that Guardian Risk Managers and Exhale Insurance will be rebranded under Agile, effective Feb. 1, 2022.  Agile, based in Nova Scotia and owned by Westland Insurance, is an MGA that specializes in hard-to-place personal and commercial

Close-up Of King Chess Pieces On Wooden Blocks That Read Mergers And Acquisitions
News Insurance

Inside Westland’s expansion strategy

January 14, 2022 by Alyssa DiSabatino

Westland Insurance has expanded its partnership with Blackstone Credit, which will be investing $250 million towards Westland’s acquisition strategy. And where will this M&A strategy focus next? “Our ambitions are to continue to grow, expand, to serve as many communities

News Insurance

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

News Insurance

Large Canadian brokerages grow larger through acquisitions

November 5, 2021 by Jason Contant

Two large Canadian property and casualty brokerages — Navacord and Westland Insurance — continue to grow with the announcement of their latest acquisitions in Ontario and Manitoba. On Thursday, commercial brokerage Navacord Corp. said it added Ontario-based brokerages Ives Insurance

News Insurance

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

News Insurance

New M&A deals involve Westland, Armour Group

September 9, 2021 by Jason Contant

After a brief lull in mergers and acquisitions activity, the Canadian P&C insurance space has seen a surge in recent announcements. Large Canadian-owned brokerage Westland Insurance Group Ltd. said on Tuesday it had acquired two Alberta brokerages: Riverstone Insurance in

News Insurance

The role of digital transformation in Westland’s acquisition strategy

January 14, 2021 by Jason Contant

Expanded opportunities for digital transformation are one of the key reasons behind Westland Insurance Group Ltd.’s recent acquisition of Storm Insurance Group, Westland told Canadian Underwriter Tuesday. British Columbia-based Westland closed its acquisition of Storm Jan. 7. Storm operates under