Westland Insurance Group Expands with Acquisition of Excel Insurance Lloydminster and M. Butler Insurance
Westland Insurance Group has made a significant move in expanding its presence across Canada with the recent acquisition of Excel Insurance Lloydminster and M. Butler Insurance. These acquisitions, effective 24 June, mark a strategic step towards extending Westland’s reach into new communities within the country.
Excel Insurance Lloydminster, a property and casualty (P&C) brokerage based in Lloydminster, Alberta, has been serving clients for nearly two decades. With a strong client base and established partnerships with leading insurance providers, the acquisition of Excel Insurance not only strengthens Westland’s presence in Alberta but also opens doors to a new market.
Similarly, M. Butler Insurance operates as an independent, full-service P&C brokerage in Niagara Falls, Ontario. By acquiring M. Butler Insurance, Westland Insurance is expanding its footprint in Ontario and further solidifying its position in the Canadian insurance market.
Jamie Lyons, President and CEO of Westland Insurance Group, expressed his excitement about the acquisitions, stating, “It is my absolute pleasure to welcome Excel Lloydminster and M. Butler Insurance to Westland. These acquisitions align perfectly with our growth strategy and allow us to expand our reach in Alberta and Ontario, as they share our commitment to provide exceptional service and customized solutions to clients. We look forward to partnering with them as we journey to become Canada’s favorite insurance broker.”
Westland Insurance’s growth strategy includes a combination of organic development and strategic acquisitions. With a portfolio exceeding $3.5 billion (C$4.77 billion) in premiums, Westland Insurance Group offers a wide range of advisory-based services across various insurance segments, including commercial, personal, employee benefits, farm, and specialty insurance.
This announcement follows Westland Insurance Group’s recent acquisition of Dupuis Langen Group, a company specializing in employee benefits solutions. Earlier in the year, Westland Insurance also acquired Dyberg Insurance and Prairie Villa Insurance, further strengthening its presence in Northern Alberta.
Overall, these acquisitions reflect Westland Insurance Group’s commitment to expanding its reach and providing top-notch insurance services to clients across Canada. As the company continues to grow and evolve, it remains focused on delivering exceptional service and tailored solutions to meet the diverse needs of its customers.