Rogers Insurance Ltd., under the previously formed Inowest Insurance Brokers Inc, has acquired a controlling interest in CCV Insurance & Financial Services Inc. as part of their strategic expansion into the Ontario marketplace.
"This first foray into the Ontario marketplace is part of the plan to scale up the Rogers' operations in both size and geography, and to extend our proprietary technology through our partner firm, Sharp Insurance,” said Bruce Rabik, COO of Rogers Insurance.
“Rogers has developed a unique strategic initiative to give potential brokerage owners the opportunity to sell to an independent Canadian brokerage."
The Rogers Insurance group of companies employs some 400 people and writes just under $300 million worth of premiums.
“This opportunity gives us the ability to aggressively expand our business model,” said Brian Evans, President of CCV.
A second generation full-service insurance and financial services brokerage, CCV serves more than 10,000 personal and commercial clients throughout Ontario.
