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BrokerLink completes acquisition of The Standard Insurance Brokers Ltd. to expand services in Ontario, Manitoba, and Saskatchewan

Jun 07, 2024

Acquiring Company

BrokerLink

Acquired Company

The Standard Insurance Brokers Ltd

CanadaCanadaFinancial ServicesInsuranceInsurance

Description

BrokerLink has completed its largest Ontario deal to date and expanded into Manitoba and Saskatchewan with the acquisition of The Standard Insurance Brokers Ltd. This partnership allows BrokerLink to expand its services throughout Northern Ontario and introduces the brokerage to thousands of new customers in Manitoba and Saskatchewan.

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Company Information

Company

BrokerLink

Location

Canada

About

BrokerLink is one of Canada’s largest P&C insurance brokerages, with more than 200 branches, 3,700 employees, and a subsidiary of Intact Financial Corporation. It has been actively expanding and investing in various communities, adding more than 400 insurance professionals to its team this year.

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Frequently asked

Who acquired The Standard Insurance Brokers Ltd?

The Standard Insurance Brokers Ltd was acquired by BrokerLink, based in Canada. The deal was reported on June 7, 2024. BrokerLink is one of Canada’s largest P&C insurance brokerages, with more than 200 branches, 3,700 employees, and a subsidiary of Intact Financial Corporation. BrokerLink is privately held and operates in Financial Services.

When did BrokerLink acquire The Standard Insurance Brokers Ltd?

BrokerLink's acquisition of The Standard Insurance Brokers Ltd was reported on June 7, 2024. BrokerLink has completed its largest Ontario deal to date and expanded into Manitoba and Saskatchewan with the acquisition of The Standard Insurance Brokers Ltd. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does The Standard Insurance Brokers Ltd do?

The Standard Insurance Brokers Ltd., established in 1897, offers tailored insurance solutions for home, auto, business, farm, recreational vehicles, life, group benefits, and more in northwestern Ontario, Manitoba, and Saskatchewan. It is privately held, operating in Insurance, and is based in Canada.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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