IBAO 91st Annual Convention and Exhibition

More than 1,000 people made their way through the exhibit hall at the Insurance Brokers Association of Ontario (IBAO)’s 91th Annual Convention and Exhibition in Toronto at the Fairmont Royal York Hotel on Oct. 19-21. The Canadian Underwriter magazine—Insurance Media Group, which also publishes The Ontario Broker magazine on behalf of the IBAO, took the […]

October 31, 2011 | Last updated on October 1, 2024
1 min read

More than 1,000 people made their way through the exhibit hall at the Insurance Brokers Association of Ontario (IBAO)’s 91th Annual Convention and Exhibition in Toronto at the Fairmont Royal York Hotel on Oct. 19-21. The Canadian Underwriter magazine—Insurance Media Group, which also publishes The Ontario Broker magazine on behalf of the IBAO, took the opportunity to photograph visitors to its booth at the very busy show.

Family-owned brokerage snapped up in latest deal

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Family-owned brokerage snapped up in latest deal

AMC Insurance Services Ltd., based in Surry, B.C., announced it has acquired Western Associated Insurance Brokers Ltd.  Acquisition of the Vancouver-based brokerage brings “a strong clientele and deep-rooted community connections” into the AMC fold, the firm says in a press release. Western Associated Insurance Brokers is a family owned and operated brokerage with more than […]

By Alyssa DiSabatino | September 12, 2024

1 min read

How brokers can gain competitive edge in risk management

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How brokers can gain competitive edge in risk management

RIMS has partnered with Brokerslink, a global broker network, to offer its risk management certification to its affiliate members. The partnership aims to establish a global standard for risk management knowledge.  As Steve Pottle, director of risk management at Thompson Rivers University puts it, the certificate program will provide affiliate brokers with a baseline for risk […]

By Alyssa DiSabatino | September 16, 2024

3 min read

How brokerages can raise capital for M&A

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How brokerages can raise capital for M&A

With current brokerage valuation multiples sometimes as high as 15 to 20 times EBITDA (earnings before interest, taxes, depreciation and amortization), buying a business is challenging for anyone without access to significant capital. So, how do brokerages finance their deals? “Aside from borrowing from banks, raising capital from insurers or private equity (PE) still continues […]

By Jason Contant | September 25, 2024

3 min read