Intact Financial Corporation subsidiary, BrokerLink announced March 10 that it has acquired three additional brokerages in 2025, bringing the total number to six so far this year. In 2024, the subsidiary acquired 25 firms in total.

“BrokerLink reached $4.3-billion of annual premiums, after closing 25 acquisitions in the year, representing $491-million. BrokerLink remains on target to achieve its goal of $5-billion of operating DPW (direct premiums written) in 2025, strengthening our scale in distribution in Canada,” Intact stated in its management discussion and analysis for 2024. 

The brokerages acquired March 1 in Alberta and Atlantic Canada include Edmonton-based Bankers and Traders Insurance, Calgary-based Aspen Insurance Brokers Ltd., and St. John’s-based SeaLand Insurance Corp. According to BrokerLink’s announcement about the March 1 acquisitions, Bankers and Traders Insurance is a full-service general insurance brokerage for high-net-worth personal insurance customers, Aspen is a personal home, auto, travel and commercial insurance brokerage and SeaLand specializes in the marine industry and in general business.

“As a specialty commercial fishing vessel broker, SeaLand Insurance expands BrokerLink’s expertise in this area and adds substantial volume to the company’s robust marine program and product offering,” they write. They say all three of the acquisitions reinforces the company’s commitment to the respective regions.

Firms acquired by BrokerLink in 2025 include: 

  • Northgate Insurance 
  • Bankers and Traders Insurance 
  • Aspen Insurance 
  • SeaLand Insurance 

“We look for opportunities to provide specialty insurance and product options, expertise and technology solutions,” the company told the Insurance Portal in a statement, adding that BrokerLink intends to continue growing, both organically and through acquisitions throughout the remainder of the year.

“In many cases, access to new technology is an advantage we offer prospective brokerages, as it’s expensive for them to invest continuously in the technology that’s needed to compete in today’s marketplace,” they state.