Archway makes acquisition in New Brunswick
Halifax, NS (Jan. 2, 2020) – Archway Insurance, one of Atlantic Canada’s largest and fastest-growing insurance brokerages, is pleased to announce two new locations in southwestern New Brunswick, where Archway will be working in partnership with Groom Insurance Limited, effective January 1, 2020.
“As a family business, Groom has common roots and many shared values with Archway,” says Archway Insurance CEO Michael Stack. “We’re pleased to welcome the employees and clients of the St. George and St. Andrews locations to the Archway family.”
With two additional locations in southern New Brunswick, Archway will be able to conveniently provide face-to-face service to even more clients in this region. By joining forces with Archway, clients of Groom will also benefit from more commercial insurance options, along with adding life, travel, and employee benefits products. Access to all of Archway’s insurance companies will also provide more options for personal insurance clients.
Employees in both locations plan to stay on under the continued management of Kevin Groom. Gary will also continue in his role of managing key accounts to provide a seamless transition for all clients.
“My vision from the beginning has always been to serve the clients of Groom Insurance in Charlotte County and surrounding areas by providing them with professional services in both personal and commercial lines,” says brokerage founder Gary Groom.
“We are proud to say that a lot of our clients have been with us since the beginning. Our staff is dedicated to serving our clients by continually upgrading their knowledge in this ever-changing industry, and we’re confident the transition to Archway will provide only benefits to both staff and clients.
The latest addition brings the number of Archway locations to 32 with approximately 75,000 clients and $150 Million in premium volume.
Archway Insurance is an Atlantic-owned, independent insurance brokerage, and one of the largest in the region. Headquartered in Amherst, NS, it is a growing, progressive company with more than 200 employees at 31 conveniently located offices.
At Archway, we are committed to providing our clients with professional advice and excellent personal service. Our brokers are professionally trained with extensive knowledge in the areas of personal, business, group, and life insurance. In 2019 Archway received the Burns Wilcox Award for Big Brokerage of the Year, was named a Top Insurance Workplace in Canada, and winner of the Professional Services category for EY Entrepreneur Of The Year® 2019 Atlantic.
For further information about Archway, please visit www.archwayinsurance.ca.
About Groom Insurance
Groom Insurance was first formed in 1961 as a one-person operation by Gary Groom and this continued until April of 1969 when H.A. Lawrence Ins. Ltd. Business in St. George was purchased and a short time later the name of the business was changed to Groom Insurance Ltd.
In 1980 a second office was opened in St. Andrews and the two offices continue to provide Insurance services to the people of Charlotte County and beyond. Over the years, several local agencies were purchased and incorporated into Groom Insurance Ltd.
We are proud to say that many clients have been with us since the beginning and we strive to provide professional service to our many clients whether it be in the personal lines area or Commercial Insurance.
We have long standing relationships with our primary Insurance Companies and that enables us to have access to many standard and specialty Insurance products to look after the needs of our many clients.
Our staff is dedicated to serving their clients and as such continue to upgrade their knowledge and skills to keep abreast of changing conditions in this Industry.
For further information about Groom, please visit www.groominsurance.ca.
SOURCE: Archway InsuranceTags: Acquisition, Archway Insurance, New Brunswick