Operations

As province’s out-of-country health coverage ends, so begins an opportunity for brokers As province’s out-of-country health coverage ends, so begins an opportunity for brokers Image

Operations

As province’s out-of-country health coverage ends, so begins an opportunity for brokers

With the wind-down of Ontario’s limited Out-of-Country Travellers Program now official, brokers in the province who sell travel insurance have a golden opportunity to make sure their snowbird and other travelling clients are properly covered for trips. “It is certainly an opportunity for brokers to cross-sell to some of their existing book at renewal time,” […]

By David Gambrill | January 13, 2020

4 min read

NFP Canadian executive reveals future M&A strategy NFP Canadian executive reveals future M&A strategy Image

Operations

NFP Canadian executive reveals future M&A strategy

NFP Corp. has concentrated almost exclusively in Ontario since it first entered into the Canadian property and casualty insurance space about two years ago, but expect that to change in the future. NFP is looking to have “a bigger presence out west, a good presence in Quebec and to move out to the east coast […]

By Jason Contant | January 10, 2020

2 min read

The story behind NFP’s foray into the Canadian P&C space The story behind NFP’s foray into the Canadian P&C space Image

Operations

The story behind NFP’s foray into the Canadian P&C space

NFP Corp. has been busy in the approximately two years since the U.S.-based brokerage acquired Dalton Timmis Insurance Group in 2017, its first Canadian P&C acquisition. Since that time, it has acquired a number of Canadian brokerages, including Mass Insurance Brokers Limited and Easyway Insurance Brokers Inc. (collectively known as Mass) in December 2018, PBL […]

By Jason Contant | January 9, 2020

3 min read

The latest brokerage to join the parade of M&A in 2020 The latest brokerage to join the parade of M&A in 2020 Image

Operations

The latest brokerage to join the parade of M&A in 2020

Another day, another acquisition. McDougall Insurance and Financial has merged with Provenance Insurance Services Ltd., which operates as Knox Hutchison Insurance Services (North Bay), Municipal Insurance Services (North Bay) and Dynamic Insurance Brokers (Sudbury). Provenance will join with McDougall to form an independent broker with 36 offices in Ontario, more than 400 employees, and more […]

By Jason Contant | January 8, 2020

2 min read