Impartial insurance coverage dealer Westland Insurance coverage has expanded its industrial observe and coming into market with the acquisition of Entrance Row Insurance coverage Brokers in Canada.
The acquisition of movie and leisure insurance coverage dealer provides one other key vertical for Westland underneath its Company Advisory & Specialty observe.
Entrance Row Insurance coverage Brokers is engaged in providing quick insurance coverage and threat administration options to the leisure trade, together with movie manufacturing, theatre, music, stay efficiency, and industrial photographers.
Moreover, Westland expects the transaction to place it as a ‘market chief’ in addressing the wants of movie and leisure trade in Canada, the US and internationally.
Monetary phrases of the deal had been undisclosed.
Westland Insurance coverage president and COO Jamie Lyons mentioned: “Entrance Row is an unimaginable complement and accelerator to Westland’s Business technique.
“They’ve deep experience as a market-leading leisure insurance coverage dealer and have extremely robust model fairness in Canada and the US. They’re entrepreneurs and innovators in an trade that’s going by large development and alter.”
With eight workplaces throughout North America, Entrance Row will proceed to function with its personal identify, brand, trade web site. It should additionally retain its employees.
Entrance Row president and CEO David Hamilton mentioned: “Westland’s imaginative and prescient to increase their specialty observe to incorporate leisure, arts and tradition was instantly engaging to us.
“Our 55 staff members are elated to affix the Westland crew. Westland’s measurement and robust insurance coverage firm partnerships imply we are able to pitch our fashionable client-first service mannequin to extra storytellers, in new territories.”
The acquisition types a part of Westland’s efforts to put money into and develop its enterprise organically.