Westland Insurance has revealed that it has made two new acquisitions: the brokerages Montridge Advisory Group and BST Insurance.
Based in Vancouver, Montridge Advisory Group is an employee benefits advisor.
“Montridge Advisory expands Westland’s benefits consulting business significantly,” explained Westland Insurance president and COO Jamie Lyons. “It makes up a key part of our benefits consulting platform, an area of focus for us right now.”
Meanwhile, BST Insurance Brokers has been operating out of its Pickering, ON location for over four decades. It is a full-service P&C brokerage, and its acquisition by Westland makes it the latter’s first location in Pickering.
“Acquiring BST Insurance and growing in the strategically important Ontario market is also very exciting for us,” said Lyons. “The teams at both brokerages share our commitment to exceptional client service and we’re thrilled to welcome them to our Westland team.”
Read more: Canadian broker makes US entry with acquisition
Earlier this month, Westland Insurance made headlines when it announced its acquisition of Front Row Insurance Brokers, a US-based provider of insurance and risk management solutions for the entertainment industry. The acquisition marks Westland's entry into the US entertainment market.
