Brokerlink expands presence in Alberta with latest acquisition
Toronto, ON (Aug. 10, 2020) – BrokerLink announces the closing of nine acquisitions to date for 2020. The acquisitions in Alberta, Ontario, Nova Scotia and New Brunswick enable BrokerLink to expand and serve customers in more communities across Canada.
The Canadian company welcomes Alberta-based brokerages, HDF Insurance Services Ltd. (HDF Insurance), Rocky Mountain Agencies Co. Ltd. (Rocky Mountain Agencies) and Topley and Sanders Investments Ltd. operating as Topley Sanders & Jepson General Insurance (TSJ Insurance).
In Ontario, the brokerages, Impact Insurance Brokers Inc. (“Impact Insurance”), Cambridge Insurance Brokers Ltd. (Cambridge Insurance) and CIB Financial Services Inc. (CIB Financial) join BrokerLink.
Anderson Brown Company Insurance & Realty Limited (ABC Insurance) and Major Brothers Limited (“Major Brothers”) come to the BrokerLink team from Nova Scotia and Assurance Manuel Ltee (Manuel Insurance) from New Brunswick.
BrokerLink continues to look to the future to carry on with organic growth through acquisitions. President of BrokerLink, Joe D’Annunzio said, “Our team is customer driven, community involved and open to change, which has allowed us to move forward successfully.”
The employees from the acquired brokerages will continue to serve customers as part of the BrokerLink team.
“We are excited to welcome our new team members to the BrokerLink family,” D’Annunzio said. “These insurance professionals understand our values of striving for excellence and offering the best solutions to our customers, especially during these unprecedented times.”
Since 1991 we’ve had a vision: to build a network of trusted insurance brokers across the country, working directly in the communities we serve. With over 140 branches and 2,000 employees, we’re proud to say BrokerLink has become one of Canada’s largest property and casualty insurance brokerages.
BrokerLink is a subsidiary of Intact Financial Corporation, a certified Kincentric 2019 Best Employer in Canada. For more information, visit www.brokerlink.ca.
About Intact Financial Corporation
Intact Financial Corporation (TSX: IFC) is the largest provider of property and casualty (P&C) insurance in Canada and a leading provider of specialty insurance in North America, with close to $10 billion in total annual premiums. The Company has over 13,000 full- and part-time employees who serve more than five million personal, business, public sector and institutional clients through offices in Canada and the U.S. In Canada, Intact distributes insurance under the Intact Insurance brand through a wide network of brokers, including its wholly-owned subsidiary BrokerLink, and directly to consumers through belairdirect. In the U.S., OneBeacon Insurance Group, a wholly-owned subsidiary, provides specialty insurance products through independent agencies, brokers, wholesalers and managing general agencies. For more information, visit www.intactcf.com.
About HDF Insurance
Founded in 1998, HDF Insurance is an independent brokerage based in Alberta. HDF Insurance professionals in Edmonton and Whitecourt are experts in liability and property insurance, errors and omissions (E&O) and life, health and disability insurance.
About Rocky Mountain Agencies
Rocky Mountain Agencies has served the insurance needs of the Bow Valley since 1946. As a locally-owned, family-run insurance brokerage, Rocky Mountain Agencies provides home, auto and business insurance to customers from Kananaskis, Exshaw, Canmore, Banff, Lake Louise and across Alberta.
About TSJ Insurance
Founded in 1940 under the name Topley & Sanders Real Estate and Insurance, the brokerage, TSJ Insurance has continued to serve the Calgary, Alberta area offering customers personal home, auto, commercial and life insurance.
About Impact Insurance
Since 1993, Impact Insurance has provided Canadian businesses and individuals with a range of insurance products and related financial services. Located in Concord, Ontario, Impact Insurance strives to develop unique and improved ways to best service the client’s needs.
About Cambridge Insurance
Cambridge Insurance has provided insurance options to the Cambridge, Ontario community for over 40 years. The brokerage is a third and forth generation family run operation offering tailored services for personal home, auto and life insurance.
About CIB Financial
Operating in the Cambridge, Ontario area, CIB Financial offers customers life insurance and group benefits.
About ABC Insurance
Since 1964, ABC Insurance has served Dartmouth and Eastern Passage, Nova Scotia. ABC Insurance offers customers tailored insurance services for personal auto, home, commercial, marine and life insurance.
About Major Brothers Limited
Major Brothers has been serving customers since 1982. Located in Halifax and Dartmouth, Nova Scotia, Major Brothers employees have over 200 combined years in the insurance industry, offering personal and commercial lines of insurance including business, home, auto, motorcycle and classic vehicles.
About Manuel Insurance
Serving the communities of Miramichi and Baie Ste. Anne, New Brunswick, Manuel Insurance has offered bilingual services in French and English to its customers for over 25 years. As a full-service brokerage, Manuel Insurance offers customers personal home, auto, commercial, marine and recreational insurance options.
Source: BrokerLinkTags: Acquisition, BrokerLink, Mergers & Acquisitions