Vancouver, BC (Feb. 24, 2025) – Axis Insurance Managers Inc. is pleased to announce the acquisition of Fuse Insurance, a Calgary-based, technology-driven commercial insurance brokerage. Founded in 2017, Fuse has built a strong reputation for managing complex risks in industries such as ecommerce, healthcare, and cannabis.
This acquisition strengthens Axis Insurance’s presence in Alberta and enhances its ability to deliver advanced risk management solutions. Fuse was founded on a unique vision, combining deep insurance expertise with software development to create one of Western Canada’s first fully digital commercial brokerages.
Kevin Lea, co-founder of Fuse Insurance, shared, “The Fuse team and I are excited to join Axis Insurance and combine our digital capabilities with their national reach. We’re grateful to our insurers, partners, past employees, friends, family, and especially our clients for their support over the past 7.5 years.” Kevin will join Axis Insurance’s commercial sales team and collaborate with specialized practice groups to drive program development.
Axis Insurance is an award-winning brokerage serving local, national, and international clients with comprehensive risk management and insurance services. The firm’s professionals assess both business and personal risks, delivering tailored advice and solutions to mitigate, reduce, or transfer those risks. With roots dating back to 1928, Axis has grown into one of Canada’s leading brokerages, with over 350 employees, making it one of the fastest-growing firms in the industry.
As a full-service brokerage, Axis specializes in personal insurance, commercial insurance, life and employee benefits, as well as wealth advisory services. The company’s growth has been driven by strategic acquisitions and strong organic expansion, supported by the success of 16 specialized practice groups.
Axis takes pride in fostering a strong corporate culture, enabling employees to own equity in the firm. This approach promotes top performance and allows employees to share in the company’s ongoing success.
About Fuse Insurance
Launched in 2017, Fuse Insurance is the evolution of the commercial insurance brokerage, and the first of its kind in Western Canada. Backed by policies from a selection of A-rated insurers, Fuse Insurance can provide coverage for businesses large and small from almost any industry. Fuse was voted as Brokerage of the Year (less than 10 employees) at the Insurance Business Canada Awards in 2019.
- Learn more about Fuse Insurance in the InsurTech Spotlight.
Learn more at fuseinsurance.ca, and for the latest updates, visit the Fuse Insurance Blog.
About Axis Insurance
Axis Insurance, based in Vancouver, BC, has built a robust legacy of empowering businesses and individuals to navigate risks with confidence. As a seasoned broker with a heritage stretching back to 1928, Axis stands out with a skilled team of over 150 professionals and a network of offices across Canada. Our growth trajectory has cemented us as one of Canada’s premier insurance brokerages. Our approach is built on a meticulous analysis of business and personal risks, delivering tailored advice and innovative solutions designed to mitigate, reduce, or transfer risks. Our commitment to our clients is unwavering, whether they’re around the corner or across the globe. For more information, please visit axisinsurance.ca.
Source: Axis Insurance
Tags: Acquisition, Axis Insurance, Fuse Insurance, InsurTech, InsurTech Spotlight, merger
