BrokerLink has revealed that it ended the year 2022 with a bang, completing a total of 24 acquisitions.
The brokerage’s 24th acquisition was Universal Risk Solutions (URS Insurance); the deal was effective December 01, 2022. For over 15 years, URS Insurance has provided insurance services to Toronto and its surrounding communities. The broker offers home, auto, condo, tenant and recreational vehicle insurance, while also specializing in niche business insurance for home inspectors and energy auditors.
“We’ve always prided ourselves on putting the customer first and maintaining our core values of integrity, reliability and honesty,” said URS Insurance president Chris Healy. “We’re happy to join the BrokerLink team, where we’ll continue to go above and beyond for our customers, who will benefit from access to additional resources that come with being part of a national brokerage.”
“In 2022, we welcomed many new team members through acquisition from small towns to metropolitan cities across all regions we serve, and I’m excited to welcome our latest team members from URS Insurance,” said BrokerLink president Joe D’Annunzio. “We believe that insurance is about people, not things, and broker principals considering BrokerLink as a succession option can be confident knowing that we are customer driven; we act with integrity and respect, and we give back to our communities.”
In a release, BrokerLink looked back on its previous other acquisitions in 2022. In Alberta, the brokerage acquired Crowsnest Insurance, Bow Valley Insurance, Tailor Made Insurance, Maple Insurance and Robinson Insurance.
In Ontario, BrokerLink acquired DPM Insurance Group, Blair Insurance, A&A Insurance, Greg Kelly Insurance, Rice Inc., Nickel City Insurance Brokers, Atto & Associates Insurance, Insurance Executives Brokers & Consultants, Goodison Insurance and Financial Services Limited, J. W. Davis Insurance Brokers, Kuhn & Associates Insurance and Financial Services, L & M Dallaire Insurance, Cryderman Insurance, D. G. Smith Insurance and Teck Insurance.
Meanwhile, in the Atlantic, BrokerLink snapped up McTague Insurance, Bluenose Insurance and Current Maritime.
“I think it is very important for our employees and our customers to see that we’re making investments in all the regions that we do business,” said BrokerLink VP of acquisitions Michael Stack in a previous interview with Insurance Business.
“Insurance is about people, and our M&A strategy supports our people and our customers.”
