Broking group announces double deal

Acquired businesses bolster its line-up to over 2,200 employees

Broking group announces double deal

Mergers & Acquisitions

By Mia Wallace

The independent broking giant Westland Insurance Group has revealed its acquisition of Bunnell Hitchon Insurance Brokers in Brantford and Milton, Ontario, and Rigby Insurance in Calgary, Alberta. With these acquisitions, Westland now boasts a team of over 2,200 employees serving communities coast-to-coast across Canada.

Commenting on the purchase of Bunnell Hitchon, president and chief operating officer of Westland, Jamie Lyons, highlighted that the deal represents a “tremendous cornerstone acquisition” for the group in Ontario, which is a market fundamental to its growth strategy. Bunnell Hitchon, which was founded in 1890 is a highly respected independent broker, he said, and one that enjoys a strong reputation as well as a great leadership team and a great track record of client service.

Lyons added: “We extend a warm welcome to Mike Moore, Tony Silva and the entire Bunnell Hitchon team.”

He also noted that Rigby Insurance, like Westland, is a second-generation family business and that it has been serving Alberta since 1965. Rigby makes a great addition to Westland’s P&C Insurance brokerage operations, he said, as the expertise of its team and its presence in Calgary is strategically complementary to the group’s overall operations.

“The acquisition supports the continued growth in the Alberta market for Westland,” he said, “and we’re proud to welcome the dedicated team at Rigby to the family.”

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