Mergers & Acquisitions | Canadian Insurance
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Mergers & Acquisitions

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.
La Caisse acquires minority interest in BFL CANADA

La Caisse acquires minority interest in BFL CANADA

Investment will allow BFL to pursue its expansion into key regions

Western Financial Group acquires Axion Insurance

Western Financial Group acquires Axion Insurance

This marks Western’s first acquisition outside of Western Canada

MBC Group acquires Claim Assist

MBC Group acquires Claim Assist

Claim Assist provides training to appraisers and adjusters across the country

Reliant Insurance poised for growth in Alberta

Reliant Insurance poised for growth in Alberta

If you’re looking to sell your brokerage, Reliant is looking to buy

Canadian Broker Network sells South Western Insurance Group

Canadian Broker Network sells South Western Insurance Group

Three Holdings has acquired SWG and its subsidiary Optisure Underwriting Services Inc.

Archway Insurance acquires Bay Insurance & Financial

Archway Insurance acquires Bay Insurance & Financial

Archway now has 23 locations across Nova Scotia and New Brunswick

Gore amalgamates owned brokerages under Insurance Store banner

Gore amalgamates owned brokerages under Insurance Store banner

Phil Dynes has been named president of Insurance Store

McFarlan Rowlands acquires DA Kurt Insurance Brokers

McFarlan Rowlands acquires DA Kurt Insurance Brokers

Southern Ontario-based McFarlan Rowlands will now have 16 branches in the province

A.M. Best ratings of AXA, XL Group under review following acquisition announcement

A.M. Best ratings of AXA, XL Group under review following acquisition announcement

AXA Group’s acquisition of XL Group is expected to close later this year

Hub International acquires Manitoba-based brokerage

Hub International acquires Manitoba-based brokerage

Desilets is a personal and commercial lines brokerage