Industry

BrokerLink doubles size in Atlantic Canada, buys brokerages in Ontario and Alberta

BrokerLink has doubled its presence in Atlantic Canada and is now one of the largest brokerages on the east coast following its acquisition of Archway Insurance and South Coast Insurance Agency Limited. BrokerLink, a subsidiary of Intact Financial Corporation, announced Thursday it had acquired Archway Insurance and its subsidiaries Upstairs Finance Inc. and C.D. Anderson […]

By Jason Contant | August 9, 2021

2 min read

New report sounds the ‘death knell for coal and fossil fuels’

OTTAWA – The secretary-general of the United Nations says a new report “must sound the death knell for coal and fossil fuels,” raising renewed questions about Canada’s climate plan and the long-term viability of its traditional energy sector. The UN scientific paper says Earth is heating up so quickly due to human activity that temperatures […]

By Jason Contant | August 9, 2021

4 min read

Westland acquires brokerages in B.C. and Ontario

Westland Insurance Group Ltd. has expanded their footprint in British Columbia and Ontario with the acquisition of two brokerages. The large independent Canadian-owned brokerage announced Wednesday the acquisition of National Brokers Insurance Services Inc. in Ontario and Lambert Insurance Agencies Ltd. in B.C. Both acquisitions, which include three branches in total, were effective as of […]

By Jason Contant | August 6, 2021

2 min read

Swiss Re predicts record-high global insurance premiums by end of 2022

As the world economy steadily recovers from the COVID-19 pandemic, Swiss Re forecasts that global insurance premiums will reach a never-before-seen U.S.$7 trillion by the end of 2022. According to the global reinsurer’s recent World Insurance Sigma report, the pandemic has had a significant impact on the insurance industry. Risk awareness is up and insurance […]

By Jason Contant | August 6, 2021

2 min read