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Friday, December 1, 2023

BrokerLink acquires two insurance coverage brokerages in Canada

BrokerLink, a subsidiary of Intact Monetary, has bolstered its presence in Canada by finishing the acquisition of Alpine Insurance coverage and Eagen Insurance coverage Brokers.  

Established in 2002, Alberta-based Alpine Insurance coverage gives tailor-made choices reminiscent of home, condominium, tenants, car and industrial insurance coverage protection. 

The brokerage additionally gives protection for collectibles reminiscent of artwork items and vintage vehicles. 

The businesses didn’t disclose the monetary phrases of the deal, however BrokerLink famous that the acquisition of Alpine Insurance coverage is its largest buyout within the West to date.

The acquisition of Alpine is ready to develop BrokerLink’s footprint in varied Canadian cities together with Calgary, Canmore, Edmonton, Purple Deer and Lethbridge.

Ontario-based Eagen Insurance coverage was based in 2008 and gives a wider vary of protection choices for each private and industrial buyer necessities.

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The acquisition of Eagen will develop BrokerLink’s companies to clients in Windsor and close by communities.

BrokerLink president Joe D’Annunzio mentioned: “We’re right here to assist individuals and I love Alpine and Eagen Insurance coverage for his or her dedication to placing individuals first and dedication to delivering native recommendation, fostering relationships and dedication to striving for excellence. 

“I anticipate that we are going to be taught from one another and make nice strides ahead sooner or later!”

BrokerLink, a serious property and casualty insurance coverage brokerage in Canada, has greater than 200 branches throughout the nation with a workforce of three,400 staff.

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