Westland Insurance has announced its acquisition of Alberta Best Insurance, which became effective on July 2. The swoop, financial terms of which were not disclosed, is part of Westland’s ongoing expansion throughout Canada and bolsters its presence in Alberta.
A property and casualty brokerage operating in Beaumont and Leduc, Alberta Best Insurance is known for its commitment to providing clients with tailored insurance solutions over the past 35 years.
Jamie Lyons, president and chief executive at Westland, commented: “We’re thrilled to welcome Alberta Best Insurance to the Westland Insurance family and expand our distribution footprint in the province.
“This partnership not only strengthens our market presence but also underscores our commitment to delivering exceptional insurance advice and options to the broader Alberta community. Alberta Best’s dedication to exceptional client service also aligns with our core values, and we’re confident that this will bring immense value to our Albertan clients.”
Westland also recently entered two new communities by acquiring Excel Insurance Lloydminster and M. Butler Insurance.
“It’s my absolute pleasure to welcome Excel Lloydminster and M. Butler Insurance to Westland,” Lyons said earlier this month.
“These acquisitions align perfectly with our growth strategy and allow us to expand our reach in Alberta and Ontario, as they share our commitment to provide exceptional service and customized solutions to clients.”
Westland chief operating officer Don Thompson recently told Insurance Business: “We’re actively looking to extend our presence across the country through our comprehensive insurance offerings, including property and casualty insurance, group business solutions, digital services, employee benefits, and private client services.”
He added: “We anticipate two ongoing trends in the insurance broking sector. Firstly, the consolidation of brokerages will persist. Secondly, the competition for broking talent will remain fierce, emphasizing the importance of attracting and retaining skilled professionals in our industry.”
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