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.
Hub acquires book of business from Quebec brokerage
Staff on January 11, 2018
A P&C book of business from Daniel Picard will be folded into Hub Quebec
Merged B.C. brokerages announce rebrand
Staff on January 9, 2018
Capri and CMW Insurance have rebranded as CapriCMW
Totten acquires the shares of digital brokerage EasyInsure
Staff on January 3, 2018
EasyInsure offers personal and commercial insurance, as well as surety bonds
McDougall acquires Worden Insurance & Financial Services
Staff on January 3, 2018
McDougall now has 33 offices in Ontario with 350 employees
Dalton Timmis acquired by NFP
Staff on December 18, 2017
The acquisition bolsters NFP’s P&C footprint in Ontario and Alberta
Intact announces leadership changes
Staff on December 14, 2017
Jean-Francois Blais will retire as president of Intact effective Jan. 1
Montreal-based brokerages Fort and ABZ announce merger
Staff on December 6, 2017
Fort president Stephan Bernatchez sees growth opportunities in Quebec, Ontario and Alberta
Insurance brokerages McDougall and Mink announce merger
Staff on December 4, 2017
All members of the Mink team will remain with the organization
State Farm’s Canadian operations to be rebranded as Desjardins Insurance
Staff on November 21, 2017
Clients of State Farm will retain their current agents through the transition
Navacord Inc. welcomes Calgary’s Toole Peet Insurance to its broker network
Staff on November 9, 2017
The brokerage will continue to operate under its current name and leaders
