BrokerLink closes 24 acquisitions in 2022

TORONTO, January 4, 2023 – BrokerLink ended the year strong with its 24th acquisition of Ontario-based Universal Risk Solutions Inc. (URS Insurance), effective December 1, 2022.

Expanding our presence in Toronto

URS Insurance provided insurance services to Toronto and surrounding communities for over 15 years, offering a variety of products, including home, auto, condo, tenant and recreational vehicle insurance. The brokerage specialized in niche business insurance, including coverage for home inspectors and energy auditors.

“We’ve always prided ourselves on putting the customer first and maintaining our core values of integrity, reliability and honesty,” says Chris Healy, President URS Insurance. “We’re happy to join the BrokerLink team, where we’ll continue to go above and beyond for our customers, who will benefit from access to additional resources that come with being part of a national brokerage.”

Building strong growth through acquisition

BrokerLink continues to demonstrate its dedication to investing in the regions it serves, as illustrated by its acquisition of 23 other Canadian brokerages in 2022, including:

  • Alberta: Crowsnest Insurance, Bow Valley Insurance, Tailor Made Insurance, Maple Insurance and Robinson Insurance.
  • Ontario: DPM Insurance Group, Blair Insurance, A&A Insurance, Greg Kelly Insurance, Rice Inc., Nickel City Insurance Brokers, Atto & Associates Insurance, Insurance Executives Brokers & Consultants, Goodison Insurance and Financial Services Limited, J. W. Davis Insurance Brokers, Kuhn & Associates Insurance and Financial Services, L & M Dallaire Insurance, Cryderman Insurance, D. G. Smith Insurance and Teck Insurance.
  • Atlantic: McTague Insurance, Bluenose Insurance and Current Maritime.

“In 2022, we welcomed many new team members through acquisition from small towns to metropolitan cities across all regions we serve, and I’m excited to welcome our latest team members from URS Insurance!” says Joe D’Annunzio, President of BrokerLink. “We believe that insurance is about people, not things, and broker principals considering BrokerLink as a succession option can be confident knowing that we are customer driven; we act with integrity and respect, and we give back to our communities.”

BrokerLink has established a strong foundation to build on and the company looks forward to 2023 as it remains focused on its people, customers and growth.

About BrokerLink

Since 1991 we’ve had a vision: to build a network of trusted insurance brokers across the country, working directly in the communities we serve. With over 200 branches and 3,000 employees, we’re proud to say that BrokerLink has become one of Canada’s largest property and casualty insurance brokerages.

Brokerlink Inc. is a subsidiary of Intact Financial Corporation (TSX: IFC), a certified Kincentric 2022 Best Employer in Canada. For more information, visit BrokerLink.ca or follow us on Facebook, Instagram and LinkedIn.

For media inquiries please contact:

Susan Halasz
Manager, Marketing & Communications
BrokerLink
416-895-5687
[email protected]

For broker inquiries please contact:

Michael Stack
Vice President, Acquisitions
BrokerLink
902-664-8684
[email protected]