Westland Insurance Group makes ‘landmark’ acquisition, buys major BC broker

Westland Insurance Group makes ‘landmark’ acquisition, buys major BC broker | Insurance Business

Westland Insurance Group makes ‘landmark’ acquisition, buys major BC broker

Westland Insurance Group has acquired First West Insurance Services, a subsidiary of First West Credit Union.

The transaction is effective September 30, 2019.

First West Insurance Services offers personal, auto, and business insurance in British Columbia under three divisions: Envision Insurance in the Lower Mainland, Valley First Insurance in the Okanagan, Similkameen and Thompson valleys and Island Savings Insurance on Vancouver Island and the Gulf islands.

Through the deal, Westland Insurance will add 300 employees and 36 offices from First West Insurance Services in BC, expanding its presence to 110 locations in 56 communities across BC. Once the transaction closes, Westland will have almost 1,500 employees and over 130 offices in BC, Alberta, and Saskatchewan, a release said.

“First West Insurance Services is a landmark acquisition for Westland,” said Westland Insurance Group CEO Jason Wubs. “They are a pillar in the communities they serve and have built a client-centric culture that is perfectly aligned with Westland’s core values.”

“We were thrilled to find a partner like Westland Insurance,” added First West Credit Union CEO Launi Skinner. “We believe Westland is perfectly poised to realize the incredible potential of our insurance teams and provide the best possible service for our insurance customers in BC.”