Westland Insurance snaps up BC-based firm
Westland Insurance snaps up BC-based firm | Insurance Business Canada
Mergers & Acquisitions
Westland Insurance snaps up BC-based firm
Move has broadened its group benefits book
Mergers & Acquisitions
By
Terry Gangcuangco
Westland Insurance has snapped up the Dupuis Langen Group for an undisclosed amount, marking a further expansion of the latter’s group benefits portfolio.
A group benefits brokerage in Richmond, British Columbia, the Dupuis Langen Group is noted for its expertise in serving the community social services sector and unionized workplaces.
The acquisition enhances the company’s ability to support organizations of varying sizes, from small enterprises to larger corporations, by providing comprehensive benefits solutions across Canada.
Jamie Lyons (pictured), president and chief executive of Westland Insurance, commented: “I’m delighted to welcome the Dupuis Langen Group to the Westland Insurance family.
“With their decades of experience implementing group benefits and our shared commitment to strengthening communities, we’re poised for a fantastic partnership.
“We look forward to working with their dedicated employees to continue making a difference in the health and wellness landscape in Canada.”
One of the fastest-growing independent insurance brokers in the country, Westland Insurance is trading more than $3 billion in premium. Its growth strategy spans both the organic and M&A (mergers and acquisitions) routes.
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