BrokerLink has expanded its well-established footprint within the Greater Toronto Area with the acquisition of brokerages All-Risks Insurance (Burlington), Dowhaniuk Insurance and Heinsoo Insurance.
BrokerLink introduced Monday it accomplished the asset acquisition of Solutions Financial PCC Inc., working as All-Risks Burlington on Oct. 1. Effective Nov. 1, it additionally acquired the shares of Hamilton, Ont.-based Dowhaniuk Insurance Brokers Inc. and Toronto-based Heinsoo Insurance Brokers Ltd.
With these acquisitions, BrokerLink has now accomplished 19 M&A offers to this point this 12 months.
All-Risks Insurance Burlington workplace has supplied insurance coverage options to the encircling neighborhood since 2009, providing a broad array of home, auto and business insurance coverage tailor-made to the distinctive wants of shoppers.
For its half, Dowhaniuk Insurance has supplied protection for private and business insurance coverage clients for greater than 20 years. It provides private home (householders, property, apartment and tenants) and auto (vehicles, vehicles, vans and bikes), in addition to life and business insurance coverage.
“The professionals at Dowhaniuk Insurance have decades of combined experience and extensive knowledge of the Greater Toronto Area, which helps the team understand specific customer needs and provide expert advice,” BrokerLink stated in a press launch.
As a household owned and operated business, Heinsoo Insurance has served the GTA for greater than 70 years. The brokerage provides private auto, property and complicated business danger protection in addition to monetary companies.
“I’m confident that our customers will benefit from BrokerLink’s customer-driven approach, and its network, scale and access to new technologies,” stated brokerage president Tom Heinsoo.
BrokerLink has greater than 200 branches and three,400 workers throughout Canada, and has acquired quite a few Ontario brokerages over the years. “The company sees a strong future in this region and looks forward to helping new and existing customers as it grows.”
BrokerLink’s most recent Ontario acquisitions embody Rick Beer Insurance and AAimsafe Insurance. Brockville-based Rick Beer Insurance provides home, auto, tenant, business, marine, farm and pet insurance coverage; AAimsafe Insurance’s choices embody home, auto and business insurance coverage.
Other Ontario acquisitions this 12 months embody Donnell Insurance and T.Ok. WoodMar Insurance & Financial Group Inc. in Burlington, Icon Insurance Brokers Ltd. in Toronto, P. J. Faulkner Insurance Ltd. in Barrie, and G. Kranz Insurance & Real Estate Limited within the Ottawa Valley.
Feature picture by iStock.com/metamorworks
