Westland continues M&A streak with Alberta deal

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Westland continues M&A streak with Alberta deal

Lower than every week after it introduced the acquisition of two Canadian P&C brokerages, Westland Insurance coverage continues its M&A spree with a deal involving Alberta Greatest Insurance coverage Ltd.

Westland’s acquisition of the well-established P&C brokerage turned efficient July 2. With areas in Beaumont and Leduc, Alta., Alberta Greatest Insurance coverage has been providing insurance coverage for greater than 35 years.

Alberta Greatest’s web site says its merchandise embrace dwelling (home, condominium, tenant, seasonal property, and cellular or manufactured dwelling), auto (boat, motorbike, RV, ATV and snowmobile, and collector automotive) and industrial insurance coverage (auto and fleet, property, legal responsibility and industry-specific).

Westland president and CEO Jamie Lyons says the partnership expands the brokerage’s distribution in Alberta, strengthening its market presence and choices to Alberta customers. “Alberta Greatest’s dedication to distinctive consumer service additionally aligns with our core values, and we’re assured that it will deliver immense worth to our Albertan purchasers,” he says in a press launch.

On July 3, Westland announced the acquisition of one other Alberta brokerage, Excel Insurance coverage Lloydminster — in addition to Ontario brokerage M. Butler Insurance coverage. Each offers introduced Westland into new communities.

Excel Lloydminster relies within the metropolis of the identical title and has been providing dwelling, auto and industrial insurance coverage for almost 20 years. Niagara Falls, Ont.-based M. Butler Insurance coverage is an unbiased full-service brokerage providing dwelling, auto industrial, marine and life insurance coverage, together with monetary companies and different merchandise.

Westland has made a number of different acquisitions already this 12 months. Final month, it acquired Canadian Particular Dangers Inc., efficient June 1. The Athabasca, Alta.-based industrial brokerage focuses on industrial welding applications. It provides welders industrial common legal responsibility, oil and gasoline consultants and inspectors CGL, electrical contractor CGL, industrial property legal responsibility, product legal responsibility and property insurance coverage.

Different acquisitions embrace:

 

Characteristic picture by iStock.com/courtneyk

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