Mergers & Acquisitions

Mergers & AcquisitionsInsurance industry M&A activity has moved beyond just insurers and brokers. Other vendors to the industry--such as tech companies, claims adjusters and restoration firms--are consolidating dominant positions by buying companies that expand their service offerings and broaden their reach.
Two central Ontario brokerages launch Sentinel Risk Insurance Group

Two central Ontario brokerages launch Sentinel Risk Insurance Group

The companies already run a Toronto office together

Archway Insurance acquires MacCoy Insurance Brokers

Archway Insurance acquires MacCoy Insurance Brokers

The independent brokerage now has 22 locations in Atlantic Canada

Gore buys Howard Noble Insurance, promises brokers will stay independent: VP

Gore buys Howard Noble Insurance, promises brokers will stay independent: VP

The acquisition affects 42 employees of the Ontario-based brokerage

The Co-operators buys Quebec City brokerage

The Co-operators buys Quebec City brokerage

The move is a part of the insurer’s ongoing expansion in Quebec

Independence, employee respect behind Rogers Insurance partnership: Megson FitzPatrick CEO

Independence, employee respect behind Rogers Insurance partnership: Megson FitzPatrick CEO

Rogers’ minority stake in Megson FitzPatrick will grow over time

Four more brokerages for BrokerLink

Four more brokerages for BrokerLink

The company has added a total of 10 brokerages to its network in 2017

Multiple companies expressing ownership interest in SGI

Multiple companies expressing ownership interest in SGI

Saskatchewan passed legislation in April that allows for the sale of up to 49% of a crown corporation

Intact Financial buys U.S. specialty insurer for C$2.3 billion

Intact Financial buys U.S. specialty insurer for C$2.3 billion

The company also announced a significant decline in first-quarter operating income

2016 ends with record-breaking CAT loss and dramatic decline in income

2016 ends with record-breaking CAT loss and dramatic decline in income

The year is also notable for insurers’ strategic ventures, according to new MSA report

BrokerLink Insurance expands with three new brokerages

BrokerLink Insurance expands with three new brokerages

Investments in technology and increased access to insurance products convinced independent brokerages to sell to BrokerLink

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Transcontinental Media G.P.