International insurance brokerage and risk management firm Integro announced it has acquired the assets of Finning Insurance Services (FIS), an insurance brokerage business, from Finning International Inc.
Financial details of the transaction were not disclosed.
Integro noted that since its founding in 1988, “Finning Insurance Services has created a successful specialty brokerage firm servicing Finning Canada’s clients with a focus on delivering heavy equipment insurance solutions. FIS is headquartered in Vancouver and has staff in Edmonton and Kamloops.
“The FIS team, led by Kris Halldorson, Todd Getz and Charlene Almic, has joined Integro Canada.”
Mark Rankin, president of Integro Canada said the new partnership would create “tremendous possibilities to expand our presence in Western Canada, both in terms of product offering and geographical presence.”
He also indicated that “Integro’s operating culture aligns perfectly with that of the FIS team, further strengthening the strategic fit. Together, we will ensure our new clients continue to receive the same high level of service they have come to expect and enjoy.”
Source: Integro (Canada) Ltd.
Topics Mergers & Acquisitions Agencies Canada
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