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.
US Senate Votes to Fund Most of Homeland Security After Shutdown Disrupts Airports 
Farmers Insurance Plans Historic, Rapid Expansion of Agency Force 
Chubb: Cyber Claim Severity Nearly Doubled for Large Businesses 
Bessent Says Hormuz Ships Insurance Program to Start Soon 
