Westland Insurance coverage has introduced the acquisition of Excel Insurance coverage Lloydminster and M. Butler Insurance coverage, marking a big enlargement into new communities inside Canada.
The acquisitions, efficient 24 June, are a part of Westland’s technique to increase its attain throughout the nation.
Excel Insurance coverage Lloydminster, a property and casualty (P&C) brokerage in Lloydminster, Alberta, has been working for almost twenty years.
With a strong consumer base and established partnerships with main insurance coverage suppliers, the acquisition of Excel Insurance coverage not solely strengthens its presence in Alberta but additionally opens doorways to a brand new market, acknowledged Westland Insurance coverage.
M. Butler Insurance coverage operates as an impartial, full-service P&C brokerage in Niagara Falls, Ontario.
Westland Insurance coverage president and CEO Jamie Lyons acknowledged: “It’s my absolute pleasure to welcome Excel Lloydminster and M. Butler Insurance coverage to Westland.
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“These acquisitions align completely with our development technique and permit us to develop our attain in Alberta and Ontario, as they share our dedication to offer distinctive service and customised options to purchasers. We stay up for partnering with them as we journey to turn out to be Canada’s favorite insurance coverage dealer.”
The technique for development at Westland Insurance coverage consists of each natural improvement and strategic acquisitions.
With a portfolio exceeding $3.5bn (C$4.77bn) in premiums, Westland Insurance coverage Group presents a variety of advisory-based companies throughout numerous insurance coverage segments together with business, private, worker advantages, farm and specialty.
This announcement follows the current acquisition of Dupuis Langen Group, an organization specialising in worker advantages options. Earlier within the yr, Westland Insurance coverage additionally acquired Dyberg Insurance coverage and Prairie Villa Insurance coverage, bolstering its presence in Northern Alberta.
