Canada Insurer The Co-operators Buys Robinson & Associates Insurance Brokers

Canadian insurer The Co-operators announced it has purchased Robinson & Associates Insurance Brokers in Niagara Falls and Ridgeway, Ontario.

Financial details of the deal were not disclosed.

The brokerage’s portfolio includes personal and commercial insurance policies, said The Co-operators in a statement. Any existing insurance coverage a client has will remain in effect for the current term of their policies.

“This is our second Ontario broker acquisition of 2019, demonstrating our commitment to strengthen our agency distribution system in the region” said Rob Wesseling, president and CEO of The Co-operators. “This continued growth allows us to better serve our clients, helping them achieve financial security, and ultimately, peace of mind.”

The Co-operators’ first Ontario broker deal of 2019 was the acquisition of Redfords Insurance Brokers in Pickering, Ontario, announced on Jan. 28.

The brokerage’s portfolio includes personal and commercial insurance policies. Any existing insurance coverage a client has will remain in effect for the current term of their policies.

Headquartered in Guelph, Ontario, The Co-operators Group Ltd. is a Canadian co-operative that offers home, auto, life, group, travel, commercial and farm insurance, as well as investment products.

Source: The Co-operators