BrokerLink recently announced the acquisition of Atlantic Canada-based Archway Insurance. The deal has allowed BrokerLink to double in size on the east coast, with 65 locations and 400 employees. Now, president Joe D’Annuzio (pictured above) has lifted the lid on the move.
“We have a very strong acquisition team that is helping Gina [McFetridge, Archway president] and Michael [Stack, Archway CEO] transition their staff over to us,” D’Annunzio told Insurance Business. “We’re excited to bring in two proven leaders.”
Stack and McFetridge (pictured below) will now join the BrokerLink team. Stack will become the VP of national operations for BrokerLink, and McFetridge will be the new VP of Atlantic distribution.
“The alignment between the two companies was very strong,” said McFetridge. “We were impressed with the way BrokerLink employees are treated and their commitment to giving back to the communities served.”
“Our employees are what drives business, taking care of them is our top priority,” said McFetridge. “From day one BrokerLink has provided incredible support in terms of getting information in the hands of our employees, so they know what’s happening and what’s coming next.”
“Communication is the key,” added D’Annunzio. “We will continue to be transparent and keep employees updated about what’s going to happen in the coming months.”
As one of Canada’s largest property and casualty (P&C) brokerages, with a robust pipeline, over the last year the company has expanded in over 20 new communities across Ontario, Atlantic Canada, and Alberta.
“Our greatest asset at BrokerLink is our people, and we have 3,000 employees nationally,” D’Annunzio explained. “A large percentage of those joined BrokerLink through acquisitions such as South Coast and Archway. Acquiring employees with diverse insurance experience is a key benefit for us.
“If we can continue to build on the combined strengths of all our employees within our organization, we become a stronger brokerage.”
