Andrew Agencies scoops up Saskatoon Insurance Agencies
The deal boosts buyer’s branches to 20
Andrew Agencies scoops up Saskatoon Insurance Agencies
INSURANCE NEWS
By Alicja Grzadkowska
Jun 11, 2020

General insurance and travel agency Andrew Agencies has revealed that it’s acquiring Saskatoon Insurance Agencies, effective June 01.

Saskatoon Insurance Agencies has operated for over 50 years and has two locations in Saskatoon. Owners Elva and Peter Bennett will be retiring, according to a press release, while current staff will remain in place and will be supported by existing product experts from Andrew Agencies.

Read more: Andrew Agencies completes Waggoner Insurance acquisition

The purchase boosts Andrew Agencies’ branches up to 20 across Western Canada, with nine in Saskatchewan alone. Since its founding in 1913, the company has expanded across three provinces, including Manitoba and Alberta.
 
“We are delighted to have Saskatoon Insurance Agencies join Andrew Agencies,” commented Clint Smith, COO of Andrew Agencies. “Elva and Peter and their dedicated team share our values for integrity, excellence and professionalism. We look forward to serving Saskatoon and the broader community.”

Added Peter Bennett: “It has been a pleasure serving our clients’ insurance needs for so many years. We had wanted to retire with the comfort of knowing we had found just the right fit for both our clients and our team – and we have done that with Andrew Agencies.”

Related Stories
Free newsletter

We'll keep you up-to-date with the latest breaking news, cutting edge opinion, and expert analysis affecting both your business and the industry as whole.

Free newsletter

Our daily newsletter is FREE and keeps you up - to - date with the world of Insurance. Please complete the form below and click on subscribe for daily newsletters from IB CA.