Westland Insurance swoops for commercial brokerage

Westland Insurance swoops for commercial brokerage

Westland Insurance swoops for commercial brokerage | Insurance Business Canada

Commercial Solutions

Westland Insurance swoops for commercial brokerage

Move to enhance the group’s offerings in Alberta

Commercial Solutions

By
Terry Gangcuangco

Westland Insurance has acquired Canadian Special Risks Inc. The transaction, the financial terms of which were not disclosed, took effect on June 1.

“The team at Canadian Special Risks are at the top of their class and have invaluable experience and insight to offer. With this partnership, we’re well-positioned to offer enhanced insurance solutions tailored to the unique risks and challenges faced by our Alberta business clients.”

Based in Athabasca, Alberta, Canadian Special Risks focuses on commercial welding programs. Snapping up the commercial brokerage is part of Westland’s ongoing nationwide expansion.

At the time, Lyons noted: “With their decades of experience implementing group benefits and our shared commitment to strengthening communities, we’re poised for a fantastic partnership.

“We look forward to working with their dedicated employees to continue making a difference in the health and wellness landscape in Canada.”

One of the fastest-growing independent insurance brokers in the country, Westland trades in excess of $3.5 billion of premium.

What do you think about this story? Share your thoughts in the comments below.

Related Stories

Keep up with the latest news and events

Join our mailing list, it’s free!

See also  Gallagher Re hires Delacroix from Natixis for EMEA ILS & capital markets