Mergers & Acquisitions
Insurance industry M&A activity has moved beyond just insurers and brokers. Other vendors to the industry--such as tech companies, claims adjusters and restoration firms--are consolidating dominant positions by buying companies that expand their service offerings and broaden their reach.
BrokerLink acquires Ontario brokerage
Staff on August 7, 2018
Fort Erie-based Speaker & Piuni specializes in personal and commercial insurance
Hub makes second acquisition in Southwestern Ontario in a week
Staff on August 3, 2018
Southland Insurance Brokers has offices in Leamington, Tecumseh and Harrow
Hub acquires P&C business of Cypher Systems Group Inc.
Staff on August 2, 2018
Windsor-based brokerage specializes in large group and affinity programs
Paisley-Manor becomes a Navacord broker partner
Staff on August 1, 2018
Expands organization’s footprint in Toronto in real estate and high net worth personal lines
Arthur J. Gallagher acquires Winnipeg-based Belton Boisselle Ltd.
Staff on July 19, 2018
Group benefits specialist serves Manitoba and Saskatchewan
SCM continues expansion into U.S. with a second acquisition
Staff on July 18, 2018
Arkansas-based Affirmative Risk Management is a TPA to Lloyd’s marketplace
Litigiousness a growing drag on M&A costs in the U.S., Chubb study reveals
Staff on July 11, 2018
Average cost to settle merger-objection claims grew over 60 per cent in four years
TD Bank to acquire Greystone Managed Investments for $792 million
Armina Ligaya, The Canadian Press on July 10, 2018
Bank says the deal will make it the biggest asset manager in the country
BrokerLink grows across Ontario with three acquisitions
Staff on July 9, 2018
Deal adds locations in Sarnia, Chatham, Petrolia, Woodbridge, Cobourg, Norwood, and Peterborough
Navacord partners with MDP on management-led buyout of minority capital partner
Staff on July 4, 2018
Deal is aimed at accelerating growth, supporting addition of future broker partners
