AMC Insurance Services announces completed deal
AMC Insurance Services announces completed deal | Insurance Business Canada
Reinsurance
AMC Insurance Services announces completed deal
The acquired firm’s previous owner is retiring
Reinsurance
By
Terry Gangcuangco
AMC Insurance Services has successfully acquired Vancouver-based Western Associated Insurance Brokers for an undisclosed sum.
A family-owned business with a strong legacy spanning two generations, Western Associated Insurance Brokers brings an established customer base and deep community ties to AMC Insurance.
In its announcement, AMC said: “This acquisition is a significant milestone for AMC; by integrating Western Associated Insurance Brokers, AMC not only reinforces its presence but also expands its services into the vibrant Vancouver market.
“This strategic expansion supports the company’s long-term vision of expanding its reach to deliver comprehensive insurance solutions to a wider client base.”
Brad McNeill, who previously owned Western Associated Insurance Brokers, has chosen to retire. The existing team will join AMC, ensuring a smooth transition and continued client service.
The company added: “We are excited about the opportunities that lie ahead and remain committed to delivering the highest standards of service and reliability… AMC Insurance Services is poised for a dynamic future, marked by strategic growth, client satisfaction, and a steadfast commitment to excellence in the insurance industry.
“[We are] committed to fostering growth both organically and through strategic acquisitions across Canada. We extend our gratitude to our partners, employees, and stakeholders for their continued support throughout this venture.”
What do you think about this story? Share your thoughts in the comments below.
Related Stories
Keep up with the latest news and events
Join our mailing list, it’s free!
