BrokerLink acquires Anthony Clark Insurance Brokers Ltd

Calgary, AB (May 2, 2014) – BrokerLink, one of Canada’s largest property and casualty insurance brokerages, have announced the acquisition of the ownership position held by Anthony Clark International Insurance Brokers Ltd in Anthony Clark Insurance Brokers Ltd (ACI).

“ACI is a natural fit with BrokerLink. Their existing personal insurance and group programs compliment our own,” said Chris Miller, Head of Alberta Region at BrokerLink. “Not only does this transaction support our strategy for growth, but ACI’s sales focus combined with BrokerLink’s scale and efficiencies will benefit both operations.”

“Our customer relationships are based on the quality of our insurance products, our broker knowledge and commitment to excellent service,” said Tony Consalvo, President and C.E.O of ACI. “BrokerLink’s investment in technology and training, expertise in mass marketing, and operational support will make it easier to continue serving the needs of our customers.”

“We have a strong reputation for our personal insurance programs. We look forward to further developing our offerings to businesses with BrokerLink’s commercial insurance expertise and established programs,” added Consalvo, who joins BrokerLink as a Regional Branch Manager.

About Anthony Clark Insurance Brokers

Based in Calgary, Anthony Clark Insurance Brokers Ltd. operates six locations in Alberta through Anthony Clark Insurance, Dyck Insurance, and Heritage Hills Insurance.

About BrokerLink

Established in 1991, the BrokerLink companies, which include Canada Brokerlink Inc., Canada Brokerlink (Ontario) Inc., and Macdonald Chisholm Trask Insurance, together constitute one of the largest Canadian property and casualty insurance brokerage operations with 97 offices supported by more than 950 employees across Alberta, Ontario and Atlantic Canada. The BrokerLink companies are subsidiaries of Intact Financial Corporation (TSX: IFC).

SOURCE: BrokerLink