Westland Insurance announced that it has acquired the Edmonton brokerage RiskTech Insurance Services effective January 1.
Risk Tech was a member of Excel Insurance Group. It specializes in servicing large and medium commercial risks and complements Westland’s existing commercial insurance practice in Alberta.
With this acquisition, Westland welcomes Douglas H. Morrow as its new Vice President of Business in Alberta. Morrow was most recently President and CEO of Excel Insurance Group.
Westland Insurance Group is one of the largest independent insurance brokers in Canada. Trading more than $2.5 billion in premiums, Westland offers commercial, personal, employee benefits, agricultural and specialty insurance. Since its founding in 1980, Westland has remained a family business while growing organically and through acquisition.
Excel Insurance Group is a group of independently owned Canadian insurance brokers with 17 offices in Western Canada, representing $100 million in premium volume. Excel is a member of Assurex Global.
Topics
M&A Agencies InsurTech Tech Canada
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