Operations

Hi-Alta expands with four acquisitions (March 12, 2002)

Broker consolidator Hi-Alta has added four new offices to its Western Insurance Network (WIN), including two in Alberta, and one each in BC and Saskatchewan. J.A. Buchan Agencies of Champion, AB, will be merged with Wes Fulton Agencies in nearby Vulcan, while Cochrance Insurance will eventually join Whittle Agencies in Cochrane, AB. The Prince George, […]

By Canadian Underwriter | March 12, 2002

1 min read

Anthony Clark posts increased revenue

Calgary-based Anthony Clark International Insurance Brokers (TSE:ACL) is posting increased revenue for the six months ending September 30, up 14% over the same period last year. Revenues grew to $2,183,277 from $1,913,449.The broker consolidator is also reporting earnings before tax (EBITDA) of $192,142, and net earnings of $54,731, for the six-month period. Working capital stands […]

By Canadian Underwriter | November 29, 2001

1 min read

IBAC Begins “PMS” Tour

Insurance Brokers Association of Canada (IBAC) newly appointed president for the 2001/2002 term, Ginny Bannerman, announced her theme for the year ahead, the “PMS tour” – presidential moving and shaking tour – at the association’s recently held annual general meeting which took place in Calgary. “It is a great privilege to serve IBAC as its […]

By Sean van Zyl, Editor | September 30, 2001

3 min read

Acquisitions fuel Hub earnings

A series of recent acquisitions are fueling the earnings growth of broker consolidator Hub International (TSE: HBG).In releasing its second-quarter 2001 results, the Canadian company shows a 22% rise in net earnings and net earnings per share. Net earnings were up to more than $4 million, from $3.3 million for the same period last year. […]

By Canadian Underwriter | August 21, 2001

1 min read