Harvard Western, in Regina, has acquired Saskatchewan-based Hoff Insurance – a move described as “positive” for both local brands.
“We are excited to work with Hoff Insurance and to move forward and grow together,” commented Harvard Western president and CEO Dave Pettigrew. “It will be an advantage to share in the resources that both businesses have to offer and to build the businesses under one company. It really is a win-win.”
“This move is great news for both our employees and clients and the decision was made with both of those entities at the forefront,” added Hoff Insurance general manager Devon Hoff. “To become part of a larger brokerage, Hoff Insurance is positioned to access more insurance markets and products which will better serve the needs of our clients.”
“In this mutually beneficial deal, Harvard Western is pleased to integrate Hoff Insurance into their business, utilizing their business reach and knowledgeable employees,” a release said. Hoff Insurance will also have access to Harvard Western’s pool of products with more specialist resources available, as a result of the deal.
The acquisition takes effect immediately, with business going on as usual for everyone involved. No brand changes are expected until 2019, the companies said.
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