12 April, 2019 09:30
The Co-operators has acquired the firm of ontario Robinson & Associates Insurance Brokers. It owns two branches, one in Niagara Falls and the other in Ridgeway. The terms of the transaction were not disclosed.
Robinson & Associates work in insurance for individuals and businesses. The Co-operators provides insurance contracts existing will remain in force until their maturity.
“We are acquiring a second brokerage firm in Ontario this year, we demonstrate our commitment to consolidate our distribution network in the region. This sustained growth enables us to better serve our customers and ensure their financial security and their peace of mind, ” says Rob Wesseling, president and chief executive officer of Co-operators.
The Co-operators has made several acquisitions since the beginning of the year. This is its sixth in 2019. Patrick Décarie, regional vice-president for Quebec, had supported to FlashFinance.ca as Co-operators “has no intention of slowing the pace” in regard to the acquisitions for the rest of the year.