Agile Underwriting Solutions has announced the acquisition of managing general agent (MGA) Exhale Insurance effective July 01, 2021.

Exhale Insurance is an insurance MGA that has grown rapidly by adopting digital technology to deliver insurance products to its broker partners and customers.

“With the additional capabilities of Exhale’s technologies and capacity, Agile is positioned to be a market leader in the Canadian MGA space,” said Brett Graham, president of Agile Underwriting Solutions.

“I am confident that our existing broker partners will find that the acquisition of Exhale by Agile will provide even greater product access and support in the future,” said Braden Bosch, owner of Exhale Insurance. “Agile has enviable access to robust underwriting, data analytics and actuarial expertise that truly sets it apart in terms of continued product innovation and competitive pricing approaches for Canadian brokers and their clients.”

Brett Graham added, “This is a timely acquisition for Agile as we transform our technologies to support the independent Canadian broker channel by providing choice, capacity and ease of placing risks that may be unique or out of favour with insurance companies.”