Westland Insurance Group has revealed its acquisition of two more brokerages in Ontario – the Aurora-based MCR Insurance, and Walter Roberts Insurance in Richmond Hill.
In a company release, the group noted that Ontario is an “area of strategic importance for Westland.”
“MCR brings a depth of capabilities in high value home, cottage, auto and commercial lines, with a focus on the growing communities north of the Greater Toronto Area and Muskoka,” said Westland president and COO Jamie Lyons. “Walter Roberts specializes in E&O, standard, niche, and high value products across personal and commercial lines.
“Each of these acquisitions adds significant depth and strength to our rapidly expanding footprint in the Ontario market, which remains key to our national strategy.”
Westland Insurance explained that over the past two years, it has grown considerably in Ontario and that it plans to continue its expansion in the province to better support new and existing clients – especially those in the commercial space.
“Ontario’s importance to the Canadian insurance marketplace makes it a key part of our national strategy,” said Westland Insurance executive vice president of commercial and Eastern Canada operations Donna Barclay. “The scale and diverse nature of the insurance business in Ontario is attractive as we look to serve more Canadians coast to coast with more product options and advisory based solutions.”
Previously, Westland Insurance in April acquired two other brokerages – Booth Burnett Insurance in Saskatchewan and Savante Insurance in Manitoba. The acquisitions, including its latest deals with MCR Insurance and Walter Roberts Insurance, further cement Westland Insurance’s spot as Canada’s largest independently-owned Canadian brokerage.
