Property and casualty insurance brokerage, BrokerLink Inc. announced that it has completed two additional acquisitions – the 19th and 20th for the firm in 2022.
The Ontario acquisitions made by the Intact Financial Corporation subsidiary include the purchase of L&M Dallaire Insurance Ltd. and Cryderman Insurance Brokerage Ltd., both completed effective October 1. The firms will be added to the network of more than 200 branches and 3,000 employees in Alberta, Ontario, and Atlantic Canada.
L&M Dallaire, a Kapuskasing, Ontario full-service brokerage since the 1960s, offers home and auto and business insurance solutions. Its team members, including the firm’s previous owners, will join BrokerLink following the deal’s close.
Cryderman, based in Chatham, Ontario, meanwhile, offers personal and commercial insurance solutions since 1935.