Andrew Agencies buys Winnipeg’s Waggoner Insurance

The purchase comes one month after another Andrew Agencies acquisition

Andrew Agencies, a full-service general insurance agency based in Virden, Man., acquired Winnipeg-based Waggoner Insurance on May 1.

All three Waggoner Insurance locations in Winnipeg will be rebranded as Andrew Agencies, and are the first locations in the city for the buyer, who now has a total 19 locations across Manitoba, Alberta and Saskatchewan. Current Waggoner staff will remain at the three Waggoner offices and will be joined by Andrew Agencies employees.

Ed Waggoner, the president and CEO of Waggoner Insurance, said in a press release, “Our decision to sell to Andrew Agencies was based on what we felt was best for our staff and our loyal clients.”

In the same news release, Scott Andrew, the president and CEO of Andrew Agencies, said, “Andrew Agencies is excited to be entering the Winnipeg marketplace especially with having the opportunity to acquire an established well ran brokerage like Waggoner.”

This acquisition comes only a month after Andrew Agencies moved into Alberta through the purchase of McCracken Insurance M.I.L. Ltd., located in Airdrie, Alta. The same staffing method was employed in that deal; the current staff are remaining at the McCracken Insurance location, with Andrew Agencies staff joining to provide increased product specialization.

Read more: Andrew Agencies moves into Alberta with recent acquisition

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Transcontinental Media G.P.