Westland Insurance has announced its acquisition of Atlantic Canada-based Hyndman Insurance Group, which includes brokerages Hyndman & Company, Hickey & Hyndman, and Sears Insurance.
Hyndman Insurance Group dates back to 1872, when Hyndman Insurance was founded. The group of affiliated companies makes up one of the largest and oldest insurance brokerages in Canada, with 100 employees and 13 locations across Prince Edward Island and New Brunswick. This acquisition marks Westland’s entry into both provinces.
“Expanding in Atlantic Canada has been an area of strategic importance at Westland for some time, and we’re thrilled to have found such an incredible partner in the Hyndman Insurance Group,” said Jamie Lyons, Westland’s president and chief operating officer. “As a family owned and operated brokerage, we understand the value of honouring the impressive legacy that the Hyndman team has built in over 150 years of being in operation. We’re excited to welcome Gordon Walsh and Scott Embree and their team to the Westland family and to serve our new clients in New Brunswick and PEI.”
Gordie Walsh, president and CEO of Hyndman Insurance Group, commented: “By joining the Westland team, our clients will benefit from expanded access to products and services, as well as the benefits a national platform brings.Across the Hyndman Insurance Group, we’re known for our long history as one of the oldest brokerages in Atlantic Canada and for our commitment to excellent client experiences. This is a value we share with Westland and one of the reasons we moved forward with this acquisition. We’re very excited for this new chapter.”
Trading over $2.5 billion of premium, Westland one of the largest and fastest-growing independent insurance brokers in Canada. Through this latest deal, it is now one of the largest insurance brokers in Atlantic Canada with nearly 200 employees and 19 locations.
