.jpg)
Western Financial Group has made its third brokerage acquisition in Ontario with the purchase of EGM Insurance Group in the Ottawa Valley region.
EGM has been in business since 1942. The brokerage, together with its subsidiaries MC Carroll Insurance Brokers and Johnston & Mackie will join Western’s network, a release said, which includes all four of EGM’s locations in Ontario.
Kenny Nicholls, Western Financial’s president and CEO, welcomed EGM CEO Lisa Edmonds and her team to the Western family in a statement, adding that both companies share the mission of putting customers and people first.
“This acquisition offers us further abilities to grow our customer broker model in Ontario,” Nicholls added.
“I am excited to know the strength of Western’s people — their experience, resources and stability — will take us to the next level while allowing us to serve our customers in our local community,” remarked Edmonds.
In June last year, Western Financial acquired Axion Insurance Services – also in Ontario. Based in the GTA, Axion provides personal and business insurance services, and offers online services to clients.
