Brokerlink Grows By Three In Alberta And Ontario
Brokerlink Announces Key Deal To Scale To New Heights In Alberta
Toronto, ON (Aug. 8, 2023) – BrokerLink continues investing in local Canadian communities with its latest acquisitions of Alberta-based Vegreville Insurance Ltd. (“Vegreville Insurance”) and two Ontario-based brokerages, Rick Beer Insurance Inc. (“Rick Beer Insurance”) and AAimsafe Inc. (“AAimsafe Insurance”), all of which closed August 1.
Vegreville Insurance, established in Vegreville, AB
Since 1971, Vegreville Insurance has helped protect customers by offering expert advice and a variety of coverage options for home, auto, business, farm and life insurance.
“We’ve been dedicated to helping our customers protect what matters to them most, while providing the best service possible,” says Vegreville Insurance president, Michael Webb. “We trust that BrokerLink will continue delivering customized insurance solutions, while providing our team members with access to technology, and the resources necessary to elevate the customer experience.”
Rick Beer Insurance, located in Brockville, ON
Founded in 2018, Rick Beer Insurance has offered home, auto, tenant, business, marine, farm and pet insurance to its valued customers in Brockville and the surrounding areas.
AAimsafe Insurance, based in Mississauga, ON
For 15 years, AAimsafe Insurance has proudly served Mississauga and the surrounding areas, helping customers find coverage for their homes, vehicles, businesses and more. The dedicated brokerage team will continue serving customers as part of BrokerLink.
Giving back to the communities served
BrokerLink is dedicated to investing in the communities it serves, by being an employer of choice, developing meaningful relationships, and through charitable initiatives. The brokerages acquired are all active in their local communities, which aligns well with BrokerLink’s values. For example, Rick Beer Insurance’s president, and his team live and work in Brockville, and have supported a wide range of groups and charities, including the Brockville Tikis, Brockville Angels, Ontario Society for the Prevention of Cruelty to Animals (OSPCA) and Humane Society, youth soccer, St. Lawrence College and more. The AAimsafe Insurance team have been active members of Beyond the Tee, a local charity golf tournament that benefits Credit Valley Hospital and they are also a participant in local sports, including the Mississauga Football League.
Growing strong in 2023
In addition to these latest acquisitions, BrokerLink has acquired nine brokerages in 2023 so far, including:
- Alberta: Access Insurance, Sims Insurance, Myrnam Insurance
- Ontario: Donnell Insurance, WoodMar Insurance, Icon Insurance, Faulkner Insurance, G. Kranz Insurance
- Atlantic: Kent & White Insurance
“We appreciate the strong foundation these insurance brokerages have established in their vibrant communities, and their hard work will carry on,” says Michael Stack, BrokerLink’s Vice President of Acquisitions. “The employees will continue providing local, personalized insurance coverage to customers as part of the BrokerLink team, and they will have access to additional tools and resources that come with being part of our organization.”
About BrokerLink
Since 1991 we’ve had a vision: to build a network of trusted insurance brokers across the country, working directly in the communities we serve. With more than 200 branches and 3,400 employees, we’re proud to say BrokerLink has become one of Canada’s largest property and casualty insurance brokerages.
Brokerlink Inc. is a subsidiary of Intact Financial Corporation (TSX: IFC), a certified Kincentric 2022 Best Employer in Canada. For more information, visit www.brokerlink.ca.
Source: BrokerLink Inc.
Tags: Acquisition, BrokerLink