BrokerLink ends 2024 with 4 extra acquisitions

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BrokerLink ends 2024 with 4 extra acquisitions

BrokerLink has closed the 12 months with three acquisitions in Ontario and one in Alberta.

The big brokerage introduced Tuesday the acquisitions of Ontario Huge Insurance coverage Options Inc., Donnell Monetary Companies, Shuman Insurance coverage Ltd. and Assurances Robichaud Insurance coverage. The offers had been efficient Nov. 1 and Dec. 1.

Since 2009, Ontario Huge Insurance coverage has offered clients with customized residence, auto and enterprise insurance coverage providers. The Oakville, Ont.-based brokerage additionally affords trucking, cargo, skilled legal responsibility and area of interest properties options.

“Ontario Huge Insurance coverage is keen about giving again to their neighborhood and is a proud supporter of Halton Ladies’s Place,” a ladies’s shelter serving Ontario’s Halton Area, BrokerLink says in a press launch.

“Moreover, the acquisition of Donnell Monetary Companies in Burlington, Ontario, allows BrokerLink to develop its service choices and improve its experience to supply worker advantages options.”

For its half, Robichaud Insurance coverage has provided customized residence, auto and enterprise insurance coverage to northern Ontario since 1937. The Kapuskasing-based brokerage additionally makes a speciality of insurance coverage options for municipal and forestry industries. The brokerage is a devoted supporter of a number of native charities and neighborhood occasions, together with native minor hockey groups, chamber of commerce occasions and snowmobile golf equipment, BrokerLink provides.

Shuman Insurance coverage has been a member of the neighborhood in Camrose, Alta., for greater than 90 years. Positioned on Most important Avenue in Camrose, the brokerage has been family-owned and operated for 3 generations. In response to its web site, it supplies residence, auto, farm, enterprise, leisure automobile, and private umbrella insurance coverage.

“The brokerage has constructed long-lasting relationships with clients and prides itself on offering private, native recommendation,” BrokerLink says. “The staff at Shuman Insurance coverage are hands-on supporters of many neighborhood tasks, charitable endeavours and contribute to native scholarship applications.”

BrokerLink is one among Canada’s largest property and casualty insurance coverage brokerages, with greater than 200 branches and three,700 workers.

All year long, BrokerLink has grown in communities throughout Canada and expanded into two new provinces — Manitoba and Saskatchewan — with the acquisition of The Normal Insurance coverage Brokers Ltd. in June.

Established in 1897, The Normal affords clients in northwestern Ontario, Manitoba and Saskatchewan tailor-made insurance coverage options for residence, auto, enterprise, farm, leisure automobiles, life, group advantages and extra. It’s additionally well-known for its experience in specialty insurance coverage applications, together with vacationer resorts, RV campgrounds, aerial crop spraying {and professional} legal responsibility for architects and engineers.

“As a prime succession possibility for principals planning the way forward for their operations and workers, BrokerLink retains its doorways extensive open for conversations,” the brokerage says within the Dec. 17 launch.

“We’re eagerly anticipating one other phenomenal 12 months in 2025,” provides BrokerLink’s vp of acquisitions, Michael Stack.

 

Function picture by iStock.com/ALotOfPeople