Amalgamation creates one of the largest commercial brokerages in Saskatchewan to better serve clients and communities
Moose Jaw, SK (Oct. 3, 2023) — With a long history and deep roots within their communities, three of Saskatchewan’s premier brokerages, Henderson Insurance, Hoffmann Kool Insurance, and Life Line Brokers, will come together as HK Henderson, effective November 1, 2023. The partnership creates one of the largest commercial brokerages in the province and reflects a strategic decision to scale its growth while capitalizing on common synergies.
For nearly 60 years, Henderson Insurance, a second-generation commercial brokerage led by president and CEO David Reidy, has been providing customized insurance services and solutions across industries including agriculture, transportation, and manufacturing, with expertise in commercial construction and contract surety bonding. Similarly, Hoffmann Kool, led by CEO Darryn Knibbs, has been providing expertise in transportation, construction and a variety of other industries in Saskatoon and northern Saskatchewan for over 50 years. They join Saskatoon-based Life Line Brokers, specializing in personal insurance, life insurance and financial services.
With complementary areas of business focus, deep regional connections, and a team of specialists with a common approach to client service, the amalgamation is a natural evolution to helping clients manage rapidly evolving business risks.
“We are building a distinct brokerage – one that thinks about risk differently and takes a holistic view of our clients, beyond just insurance,” said David Reidy, president and CEO, HK Henderson. “With a dynamic growth culture and expert team of specialists, together we have strengthened our ability to provide unmatched service, the best advice, and tailored solutions for our clients.”
In addition to more market and sector expertise, as a Navacord broker partner, HK Henderson also provides clients with access to specific products, services, contracts, and coverage to meet their business needs.
“Being part of a larger specialist team provides more opportunity to collaborate, share best practices, and be an even stronger resource for our communities and clients, who now have the convenience of accessing five offices across three cities,” said Darryn Knibbs, chairman of HK Henderson.
HK Henderson has five locations in Saskatoon, Regina and Moose Jaw.
About HK Henderson
HK Henderson’s journey to becoming one of Saskatchewan’s largest commercial insurance brokerages began in 1965. Today, they are proud to serve their communities with offices in
Saskatoon, Regina and Moose Jaw, providing insurance and risk management solutions for clients in Western Canada in the following industry sectors: Agriculture, Transportation,
Hospitality, Manufacturing, Construction, Surety Bonding and Automobile, RV and Equipment Dealerships. With a commitment to client success and making a difference in their communities, HK Henderson’s expert advisors deliver trusted advice and tailored solutions so clients can face a complex world with confidence.
Source: HK HendersonTags: merger, Saskatchewan