Scottsdale Insurance Company has announced the launch of a partnership with “The Co-operators, the leading Canadian-owned, mutli-product insurer, to assist them in expanding their commercial lines portfolio and to give Scottsdale exposure to the Canadian market.”
Scottsdale’s bulletin said it is “providing The Co-operators with training and assistance in developing a number of classes of business, adapting them for the Canadian market and acting as reinsurer. The Co-operators will do all the underwriting and claim handling.”
Scottsdale’s President Mike Miller commented: “This partnership is yet another way Scottsdale Insurance is diversifying its portfolio to grow our Company.”
The deal was finalized in October and The Co-operators has already begun to write business under the agreement.
Source: Scottsdale Insurance Company – www.scottsdaleins.com
Topics Mergers & Acquisitions Canada
Was this article valuable?
Here are more articles you may enjoy.
AI Claim Assistant Now Taking Auto Damage Claims Calls at Travelers 
Experian Launches Insurance Marketplace App on ChatGPT 
World’s Growing Civil Unrest Has an Insurance Sting 
Kansas Man Sentenced for Insurance Fraud, Forgery 
