Canadian insurance coverage dealer Westland Insurance coverage is persevering with its acquisition spree with the acquisition of insurance coverage middleman Assurances R. Legault.
Westland Insurance coverage didn’t disclose the monetary worth of the deal.
The acquired agency is predicated in Montreal and is engaged in providing providers to each enterprise and private shoppers since 1980.
For Westland Insurance coverage, the acquisition of Assurances R. Legault, a family-owned dealer, expands its footprint in Quebec.
Underneath the phrases of the settlement, brokerage principals Philippe Legault and Isabelle Jean will be a part of Westland Insurance coverage in enterprise improvement roles.
Westland Insurance coverage president & CEO Jamie Lyons stated: “Right now marks an thrilling second for us as we welcome Assurances R. Legault to Westland. We’re thrilled to be increasing our presence in Quebec, a province that continues to be key to our nationwide story and our ambition to be Canada’s favorite insurance coverage brokerage. We really feel large cultural alignment with Philipp, Isabelle, and the unimaginable crew at Legault.”
Final month, the Canadian dealer purchased Hyndman Insurance coverage Group, Gateway Insurance coverage Group and Hutcheson, Reynolds & Caswell Insurance coverage.
The acquisition of Hyndman Insurance coverage Group marked Westland Insurance coverage’s foray into Prince Edward Island and New Brunswick.
Gateway Insurance coverage Group and Hutcheson, Reynolds & Caswell Insurance coverage’s acquisitions bolstered its property and casualty (P&C) apply and expanded its presence in Ontario and Atlantic Canada area.
In October, the agency acquired a number of P&C intermediaries Arrow Insurance coverage Company, Emsland & Associates Insurance coverage, and IBMG Canada.