Westland Insurance has announced the acquisition of Sagium Health Strategies Inc. by its newly launched benefits division, Westland Benefits. The transaction took effect on May 1.
The acquisition is intended to strengthen Westland Benefits’ presence in the benefits and health insurance sector, with a focus on expanding operations in Alberta.
Calgary-based Sagium Health provides employee benefits and private healthcare solutions, catering to individuals and small to mid-sized businesses. The firm develops customized health programs and group benefits designed to meet clients’ needs.
Westland Benefits was established as part of Westland Insurance’s ongoing efforts to expand its offerings in the benefits and health insurance space. The division focuses on providing comprehensive employee benefits solutions, including health, dental, and wellness plans, as well as customized insurance products for individuals and businesses.
“We’re very excited to welcome Sagium Health to the Westland Benefits team,” said Matt Mann, president of Westland Benefits.
“The acquisition of Sagium Health is a pivotal step in our commitment to delivering exceptional benefits solutions to our clients. By integrating Sagium’s expertise and innovative offerings, we’re poised to enhance our service delivery and expand our reach in the Alberta market.”
Greg Guderyan, president and CEO of Sagium Health, said the move will support the firm’s ability to broaden its offerings.
“Joining forces with Westland Benefits allows us to leverage their extensive resources and network, enabling us to provide even more comprehensive solutions. We look forward to this new chapter and the opportunities it brings for our team and our clients,” Guderyan said.
