Skip to main content

Westland Insurance acquires Niche Assurance Inc. and Heritage Insurance

Written by Customer Service on . Posted in Mergers And Acquisitions.

Westland continues to grow across Canada with acquisitions in QC and SK

SURREY, British Columbia/Territories of the Coast Salish (Kwantlen, Katzie, Semiahmoo, Tsawwassen First Nations), Feb. 09, 2023 (GLOBE NEWSWIRE) — Westland Insurance today announced that it acquired Niche Assurance Inc. and Heritage Insurance on February 1. The addition of these brokerages to the Westland family furthers its expansion across Canada.

With three locations in Quebec, Niche Assurance is specialist brokerage that focuses on serving the more complex needs of the non-standard condo, residential, and commercial market – including seasonal and unique residential properties – as well as the construction, hospitality and food service sectors. They specialize in less conventional risk, an area Westland continues to expand its capabilities in. It is Westland’s second acquisition in Quebec this year and will become part of Westland’s group business portfolio, Westland MyGroup.

Based in Moose Jaw, Saskatchewan, Heritage Insurance has been providing personal, auto, commercial, and farm insurance since 1982. They share Westland’s passion for customer-oriented, personalized service and have deep ties to their local community.

“We’re thrilled to welcome Niche Assurance and Heritage Insurance to the Westland family,” says Jamie Lyons, Westland’s President & CEO. “Mark Pedicelli and the Niche team are passionate insurance professionals, and Heritage Insurance – under the leadership of Greg Marcyniuk – has an exceptionally strong orientation towards client experience. We feel tremendous cultural alignment with both brokerages and are grateful for the opportunity to continue our growth in Quebec and Saskatchewan with such outstanding teams.”

Westland continues to invest in and grow its business in Canada, both organically and through strategic acquisitions.

About Westland Insurance Group
Westland Insurance Group is one of the largest and fastest-growing independent insurance brokers in Canada. Trading over $2.5 billion of premium, Westland continues to expand coast to coast. Westland’s brokers provide expertise and advisory-based services across commercial, personal, employee benefits, farm, and specialty insurance segments. Since its founding in 1980, Westland has remained a family-owned company that is committed to supporting its clients, industry partners and local communities. For more information, please visit westlandinsurance.ca.

Media Contact:
Westland Insurance Group Ltd.
Jessica Thiessen, Senior Manager, Communications
Phone: 778-288-7894
mediaenquiry@westlandinsurance.ca

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals

Before you continue, please confirm the following:

Professional advisers only

I am a professional adviser and would like to visit the GOLDEA CAPITAL for Professionals website.

Important Notice for Investors:

The services and products offered by Goldalea Capital Ltd. are intended exclusively for professional market participants as defined by applicable laws and regulations. This typically includes institutional investors, qualified investors, and high-net-worth individuals who have sufficient knowledge, experience, resources, and independence to assess the risks of trading on their own.

No Investment Advice:

The information, analyses, and market data provided are for general information purposes only and do not constitute individual investment advice. They should not be construed as a basis for investment decisions and do not take into account the specific investment objectives, financial situation, or individual needs of any recipient.

High Risks:

Trading in financial instruments is associated with significant risks and may result in the complete loss of the invested capital. Goldalea Capital Ltd. accepts no liability for losses incurred as a result of the use of the information provided or the execution of transactions.

Sole Responsibility:

The decision to invest or not to invest is solely the responsibility of the investor. Investors should obtain comprehensive information about the risks involved before making any investment decision and, if necessary, seek independent advice.

No Guarantees:

Goldalea Capital Ltd. makes no warranties or representations as to the accuracy, completeness, or timeliness of the information provided. Markets are subject to constant change, and past performance is not a reliable indicator of future results.

Regional Restrictions:

The services offered by Goldalea Capital Ltd. may not be available to all persons or in all countries. It is the responsibility of the investor to ensure that they are authorized to use the services offered.

Please note: This disclaimer is for general information purposes only and does not replace individual legal or tax advice.