Insurance and risk management consulting firm Highcourt Partners has entered into a merger with independent insurance brokerage Breckles Group of Companies.
The companies will form Highcourt Breckles Group, a “proudly Canadian operation” that is well-positioned to help businesses and individuals access global wealth preservation solutions in the digital world, a release said.
According to a statement, the merger was completed April 07, 2021. No regulatory approval is required.
“This pairing will help make Canadian businesses more competitive around the world, helping them navigate their growth as the economy regains its pre-pandemic momentum to build back better,” said Highcourt Partners CEO Mark R. McKay, who has been appointed CEO of the Highcourt Breckles Group.
The combined entity boasts global capabilities in home, auto, business, life and health insurance and risk management solutions, serving over 50,000 clients in Canada. It will also have access to over 60 insurance providers worldwide. Highcourt Breckles Group has a combined gross written premium value of nearly $100 million.
“Combined we will retain and enhance our high customer service standards and offer clients access to a much broader portfolio of demonstrated, proven solutions with insurance products and risk management services designed for the new normal: digital, global and customized,” commented McKay.
“The merger delivers unparalleled synergy between the two brands, giving us larger scale to tap into the digital revolution of how people transact with their broker,” added Breckles Group president Ben Malik.
