19 December 2017 13:30
Photo : Freepik
The last twelve months have been witness to several movements in the brokerage. So here are nine of the transactions of 2017 the most important identified by the Journal of insurance.
The Group Lepelco acquires a firm specializing in the beauty industry
Group Lepelco has taken a majority stake in the firm Asserpro, specialized in the industry of beauty and well-being. The total volume of premiums grew to more than $ 33 million. Daniel Pauzé, president, founder, and Charles Melançon remain shareholders and active leaders of the firm.
For more information : Group Lepelco buys the firm Asserpro
A cabinet of Quebec buys one from the same region
Assurancia Marcel Hamel sees his premiums rise to $ 8.7 million with the acquisition ofAssurance Gervais Tremblay.
For more information : Assurancia Marcel Hamel acquires Assurance Gervais Tremblay
Deslauriers + Associates continues its growth
Deslauriers + Associates acquired the firm Couture Rochette & Associés, deemed to ensure the Quebec inc. and whose average premiums are $100,000.
For more information : Couture Rochette & Associés will be part of Deslauriers + Associates
A u.s. broker-dealer, calls on the quebec market
With the acquisition of LPG Insurance, Arthur J. Gallagher was introduced to the quebec market.
For more information : Arthur J. Gallagher completes acquisition of LPG Insurance
A strong year in terms of acquisitions for Hub International
The firm Hub International has made several acquisitions during the year, including that ofIntegro Canada, which brings him several niche markets and complex risks.
For more information : Hub International acquires Integro Canada
Hub International multiplies the acquisitions
Insurance companies : Patrice Varin sells its assets to Hub International
Strong Insurance Benefits is close to$ 80 Million of premiums
Thanks to the acquisition of the firm Assurances ABZ, Strong Insurance Benefits, accumulates a volume of premiums of $ 79 million. It is distributed to 48 % commercial insurance, 26 % in personal insurance and 25 % in benefits.
For more information : Fort Insurance buy Insurance ABZ
Swapping the fusion for the acquisition
Rather than merge with ActiPrima, Assurancia Groupe Tardif preferred to make the acquisition in good and due form in the first quarter of the year.
For more information : Acquisition of ActiPrima : Assurancia Groupe Tardif swapped the merger for a purchase in good and due form
The Co-operators expands its distribution network
Through the acquisition of the brokerage firm Insurance Auclair, located in Quebec city, the Co-operators continues to expand its distribution network across the province. Insurance Auclair has a portfolio with contracts of insurance to individuals and businesses.
For more information : the Co-operators continues to expand its distribution network in Quebec
An insurer takes a firm
Gore Mutual acquired the firm in ontario , Noble Insurance, an important dealer of the region of Georgian Bay and Simcoe county. The details of the transaction were not disclosed.
To learn more : Gore Mutual buy Noble Insurance