BrokerLink closed 24 acquisitions in 2022
Toronto, ON (Jan. 4, 2023) – BrokerLink ended the year strong with its 24th acquisition of Ontario-based Universal Risk Solutions Inc. (URS Insurance), effective December 1, 2022.
Expanding our presence in Toronto
URS Insurance provided insurance services to Toronto and surrounding communities for over 15 years, offering a variety of products, including home, auto, condo, tenant and recreational vehicle insurance. The brokerage specialized in niche business insurance, including coverage for home inspectors and energy auditors.
“We’ve always prided ourselves on putting the customer first and maintaining our core values of integrity, reliability and honesty,” says Chris Healy, President URS Insurance. “We’re happy to join the BrokerLink team, where we’ll continue to go above and beyond for our customers, who will benefit from access to additional resources that come with being part of a national brokerage.”
Building strong growth through acquisition
BrokerLink continues to demonstrate its dedication to investing in the regions it serves, as illustrated by its acquisition of 23 other Canadian brokerages in 2022, including:
- Crowsnest Insurance,
- Bow Valley Insurance,
- Tailor Made Insurance,
- Maple Insurance,
- Robinson Insurance;
- DPM Insurance Group,
- Blair Insurance,
- A&A Insurance,
- Greg Kelly Insurance,
- Rice Inc.,
- Nickel City Insurance Brokers,
- Atto & Associates Insurance,
- Insurance Executives Brokers & Consultants,
- Goodison Insurance and Financial Services Limited,
- J. W. Davis Insurance Brokers,
- Kuhn & Associates Insurance and Financial Services,
- L & M Dallaire Insurance,
- Cryderman Insurance,
- D. G. Smith Insuranc,
- Teck Insurance;
- McTague Insurance,
- Bluenose Insurance,
- Current Maritime.
“In 2022, we welcomed many new team members through acquisition from small towns to metropolitan cities across all regions we serve, and I’m excited to welcome our latest team members from URS Insurance!” says Joe D’Annunzio, President of BrokerLink. “We believe that insurance is about people, not things, and broker principals considering BrokerLink as a succession option can be confident knowing that we are customer driven; we act with integrity and respect, and we give back to our communities.”
BrokerLink has established a strong foundation to build on and the company looks forward to 2023 as it remains focused on its people, customers and growth.
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 more than 200 branches and 3,000 employees, we’re proud to say BrokerLink has become one of Canada’s largest property and casualty insurance brokerages.
Brokerlink Inc. is a subsidiary of Intact Financial Corporation (TSX: IFC), a certified Kincentric 2021 Best Employer in Canada, and is considered one of Canada’s top employers for young people. For more information, visit www.brokerlink.ca.
Source: BrokerLink Inc.Tags: Acquisition, BrokerLink, Mergers & Acquisitions