Western Financial Group acquires Victoria-based insurance brokerage

Western Financial Group has completed its first acquisition in British Columbia’s capital with the purchase of Hodges & Company Insurance Services Ltd.

“After establishing Western in other parts of the province, it is truly exciting to see our name in the capital,” Scott Tannas, president and CEO of Western Financial Group, a subsidiary of Desjardins Group, says in a statement.

Hodges & Company, a full service insurance broker specializing in the commercial insurance marketplace, will operate under Western’s banner in the same Victoria location where it has been for the past 26 years.

“By joining Western’s expansive network, with its wider variety of insurers, insurance products and financial services, we will build the best possible client relationships and provide our customers with great insurance at more competitive premiums,” said Steve Hodges, owner and operator of Hodges & Company.

“As we enter the B.C. capital for the first time, we look forward to offering Steve’s customers more services at competitive prices,” Tannas said.

Western offers insurance, banking and investment products and services through more than 120 office locations, the Internet and other distribution channels.