Skip to main content

Westland Insurance announces two acquisitions in Ontario, extending reach in commercial and personal insurance lines across Canada

Surrey, BC/Territories of the Coast Salish (Kwantlen, Katzie, Semiahmoo, Tsawwassen first nations), May 26, 2022 (GLOBE NEWSWIRE) — Westland Insurance Group announced today that it has acquired MCR Insurance in Aurora, Ontario and Walter Roberts Insurance in Richmond Hill, Ontario.

MCR Insurance and Walter Roberts Insurance are both located in Ontario, an area of strategic importance for Westland.

“MCR brings a depth of capabilities in high value home, cottage, auto and commercial lines, with a focus on the growing communities north of the Greater Toronto Area and Muskoka,” says Jamie Lyons, President & COO of Westland. “Walter Roberts specializes in E&O, standard, niche, and high value products across personal and commercial lines. Each of these acquisitions adds significant depth and strength to our rapidly expanding footprint in the Ontario market, which remains key to our national strategy.”

Westland Insurance has grown significantly in Ontario over the last two years and plans to continue its expansion in the province to better support new and existing clients, particularly in the Commercial space.

“Ontario’s importance to the Canadian insurance marketplace makes it a key part of our national strategy,” says Donna Barclay, Executive Vice President, Commercial and Eastern Canada Operations at Westland. “The scale and diverse nature of the insurance business in Ontario is attractive as we look to serve more Canadians coast to coast with more product options and advisory based solutions.”

Westland continues to invest in and grow its business in Canada, both organically and through strategic acquisitions. Westland provides expertise and advisory-based services across a broad range of insurance lines, including personal, commercial, specialty and niche classes. With these acquisitions, Westland has over 2,300 employees serving Canadians from British Columbia to the Maritimes.

CONTACT: Jessica Thiessen
Westland Insurance Group Ltd.
7782887894
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.