Westland acquires brokerages in B.C. and Ontario Canadian Underwriter

Westland Insurance coverage Group Ltd. has expanded their footprint in British Columbia and Ontario with

Westland Insurance coverage Group Ltd. has expanded their footprint in British Columbia and Ontario with the acquisition of two brokerages.

The substantial independent Canadian-owned brokerage announced Wednesday the acquisition of Countrywide Brokers Insurance Companies Inc. in Ontario and Lambert Insurance plan Companies Ltd. in B.C. Both equally acquisitions, which involve 3 branches in complete, had been powerful as of Aug. 1, Westland explained in a press launch Wednesday.

Positioned in Vaughan, Ont., Nationwide Brokers Insurance plan supplies team applications for private and commercial coverage expert services throughout the nation. Its site says it offers team and individual home and vehicle, enterprise insurance policies and other insurance plan (these kinds of as team advantages, life and incapacity).

“Aligning their staff with our team small business division, Westland MyGroup, positions us as a chief in this area across Canada,” Jamie Lyons, president and main operating place of work of Westland, stated of individual and business traces team coverage.

Lambert Insurance plan Businesses, with offices in Invermere and Radium Hot Springs, B.C., mostly offers household, auto, travel, business and farm insurance, alongside with Insurance plan Company of British Columbia drivers’ licensing products and services. “This acquisition even more establishes Westland’s services to clients in the Kootenays region,” Westland said in the release.

Spouse and children-owned Westland now has more than 175 spots in B.C., Alberta, Saskatchewan, Manitoba, Ontario, Quebec and Nova Scotia “and proceeds to develop coastline to coast.”

Westland has manufactured or closed about a dozen acquisitions due to the fact the commencing of the calendar year. Most a short while ago, it announced July 8 the acquisition of running basic agent Exhale Insurance policy by Westland-owned Agile Underwriting Remedies, productive July 1. Founded in April 2019, Canadian-owned Exhale Insurance plan, an accredited Lloyd’s of London coverholder, has adopted electronic technological know-how to supply coverage merchandise to their broker associates and shoppers.

Also on July 8, Westland said it purchased Nuera Insurance, a Calgary-dependent digital brokerage fashioned in 2015. Nuera delivers dwelling, auto, leisure, life and travel insurance coverage. The brokerage has also formed partnerships with assets administration, genuine estate, and property finance loan pros to give insurance policy to renters and owners.

 

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