BrokerLink, a subsidiary of Intact Financial Corporation, is continuing its expansion.
The company has announced two new acquisitions in Alberta and two in Ontario. The companies involved are Tailor Made Insurance Services Ltd, Maple Insurance Inc., Greg Kelly Insurance Brokerage Ltd. and Rice Inc.
Tailor Made Insurance, founded in 1993, provides personal and business insurance and specializes in agricultural insurance products. The company sold one of its subsidiaries, JDR Insurance - Athabasca, to BrokerLink in 2019.
Maple Insurance has been providing personal and group insurance products and services to clients in Calgary and Edmonton since 2010.
Greg Kelly Insurance is a brokerage firm with two locations in eastern Ontario. The firm specializes in home, auto, commercial, marine and travel insurance.
Rice Inc. has been providing home, auto and commercial insurance since 1965. The company also specializes in cottage and sports insurance.
All of these acquisitions took effect on April 1, 2022. Employees from all four companies will continue to serve their communities and customers as part of the BrokerLink team, the brokerage says.
“We believe insurance is about people, and we’re always looking for new opportunities to offer our expertise and advice to customers,” says BrokerLink president Joe D’Annunzio.
Since the beginning of 2022, BrokerLink has made eight acquisitions. In 2021, the Intact subsidiary completed 21 acquisitions, totalling $475 million in premiums, Intact reports.