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Canadian insurance coverage dealer Westland Insurance coverage has purchased Dyberg Insurance coverage and Prairie Villa Insurance coverage, efficient from 1 January this yr.
This transfer strengthens the corporate’s presence in Northern Alberta.
The acquisitions are mentioned to carry a wealth of native experience and a broadened vary of insurance coverage options to Westland’s portfolio.
Prairie Villa Insurance coverage, with a historical past relationship again to 1973, has three workplaces within the Peace Nation of Northern Alberta.
It focuses on private, industrial and farm insurance coverage choices.
This acquisition is alleged to boost Westland’s distribution community within the area, backed by a group of expert professionals.
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Dyberg Insurance coverage, based in 1953 and based mostly in Edmonton, is a household owned brokerage identified for its industrial and private insurance coverage choices.
The mixing of Dyberg Insurance coverage with Westland’s present operations in Edmonton is predicted to consolidate the corporate’s market presence.
Westland is pursuing development prospects by way of strategic acquisitions and natural enlargement inside Canada.
In the meantime, Westland lately appointed Don Thompson as its new chief working officer (COO).
He took on the brand new function on 1 January, with a imaginative and prescient to drive Westland’s nationwide operations and assist it attain key enterprise goals.
In a parallel improvement, the Canadian insurance coverage middleman entered a partnership with Ontario’s Prime Advantages Group.
Prime Advantages Group specialises in worker advantages and retirement options.
Westland sells greater than $3bn in premiums and is actively increasing its attain nationwide.
Westland Insurance coverage president and CEO Jamie Lyons mentioned: “I’m more than happy to welcome Prairie Villa Insurance coverage and Dyberg Insurance coverage to the Westland group.
“With a shared dedication to distinctive customer support and neighborhood involvement, we’re poised to create formidable partnerships with these two brokerages.
“We sit up for working with their passionate groups of workers to proceed making a distinction of their communities and the lives of their purchasers.”
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