Westland acquires brokerages in Alberta and Ontario

Sealing the business deal with a handshake

Westland Insurance continues to expand across Canada with its latest brokerage acquisitions in Alberta and Ontario.

Westland announced Wednesday its acquisition of Excel Insurance Lloydminster and M. Butler Insurance in Ontario, effective June 24. “These acquisitions bring Westland into two new communities and represent Westland’s continued expansion across Canada,” the brokerage says in a press release.

Excel Lloydminster is a home, auto and commercial insurance brokerage based in Lloydminster, Alta., a city straddling the border between Alberta and Saskatchewan. It has been serving clients for nearly two decades.

“From the beginning, Excel Lloydminster has built a strong client base and established valuable partnerships with national and global insurance providers,” Westland says in the release. “This acquisition not only strengthens Westland’s presence in the region but also allows them to extend their services to a previously untapped community.”

The strategic acquisition of M. Butler Insurance in Niagara Falls, Ont., also brings Westland into a new community. As an independent, full-service brokerage, M. Butler Insurance provides home, auto, commercial, marine and life insurance, along with financial services and other offerings.

“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,” says Westland president and CEO Jamie Lyons.

Westland’s latest deals come on the heels of its acquisition of Canadian Special Risks Inc., effective June 1. Athabasca, Alta.-based Canadian Special Risks is a well-established commercial brokerage specializing in commercial welding programs. The brokerage offers welders commercial general liability, oil and gas consultants and inspectors CGL, electrical contractor CGL, commercial property liability, product liability and property insurance, according to its website.

See also  What’s behind the decline in underwriting quality?

“The team at Canadian Special Risks are at the top of their class and have invaluable experience and insight to offer,” Lyons said after the acquisition. “With this partnership, we’re well-positioned to offer enhanced insurance solutions tailored to the unique risks and challenges faced by our Alberta business clients.”

Westland has completed several acquisitions this year. In May, it expanded its employee benefits offerings with the acquisition of Dupuis Langen Group in Richmond, B.C. The group benefits brokerage serves a diverse clientele spanning non-profit organizations and private companies, with a specialization in the community social services sector and unionized employers.

 

Feature image by iStock.com/wichayada suwanachun