Virden, MB (June 11, 2020) — Andrew Agencies is pleased to announce its acquisition of Saskatoon Insurance Agencies, effective June 1, 2020.
Saskatoon Insurance Agencies operates two locations in Saskatoon and has been serving the community with insurance services for over 50 years. The acquisition will boost Andrew Agencies to 20 branches across Western Canada, including nine in Saskatchewan. Elva and Peter Bennett, owners of Saskatoon Insurance Agencies, will be retiring. The current Saskatoon staff will remain and will be supported and complemented with existing product specialists from Andrew Agencies.
“We are delighted to have Saskatoon Insurance Agencies join Andrew Agencies,” said Clint Smith, COO of Andrew Agencies. “Elva and Peter and their dedicated team share our values for integrity, excellence and professionalism. We look forward to serving Saskatoon and the broader community.”
“It has been a pleasure serving our clients insurance needs for so many years,” said Peter Bennett. “We had wanted to retire with the comfort of knowing we had found just the right fit for both our clients and our team – and we have done that with Andrew Agencies.”
About Andrew Agencies Ltd.
Andrew Agencies Ltd. was established in 1913 as a general insurance and travel agency in Virden, Manitoba by the Andrew family. Today, it is a busy multi-line brokerage operating in Manitoba, Saskatchewan and Alberta selling insurance and financial services.
About Saskatoon Insurance Agencies
Saskatoon Insurance Agencies has been in business for over 50 years. During that time the business has evolved and grown. Several brokerages in the surrounding area and a second location in Saskatoon have been purchased over the last 30 years.
Source: Andrew Agencies Ltd.
Tags: Acquisition
