BrokerLink signs four new acquisitions

Subsidiary of Intact Financial Corporation, BrokerLink continues to expand.

The company has just announced two new acquisitions in Alberta and two others in Ontario. The companies acquired are Bespoke Insurance Services Ltd, Maple Insurance Inc, Greg Kelly Insurance Brokerage Ltd. and Rice Inc.

Tailor Made Insurance has been providing personal and commercial insurance since 1993 and specializes in agricultural insurance products. The company had already sold one of its subsidiaries, namely JDR Insurance – Athabascato BrokerLink in 2019.

For its part, Maple Insurance has been offering personal and group insurance products and services to the communities of Calgary and Edmonton since 2010.

In Ontario, Greg Kelly Insurance is a brokerage firm with two addresses in the eastern part of the province. The firm specializes in, among other things, home insurance, automobile insurance, commercial insurance, marine insurance and travel insurance.

Rice Inc. has been providing home, auto and commercial insurance since 1965. The company also specializes in cottage and sports insurance.

Expansion goal

All of these acquisitions took effect on April 1, 2022. Employees of the four companies will continue to serve their communities and customers as part of the BrokerLink team, the acquirer said.

“We believe insurance is a people business, and we are always looking for new opportunities to offer our expertise and advice to clients,” said Joe D’AnnunzioPresident of BrokerLink.

BrokerLink now has eight acquisitions since the start of 2022. The Intact subsidiary had closed 2021 with 21 acquisitions, totaling $475 million in premiums according to Intact.

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