Sepoy-logo
No Result
View All Result
Saturday, December 2, 2023
  • Home
  • News
  • Business
  • Health
  • Tech
  • Lifestyle
  • Economy
  • Crypto
  • Travel
  • Home
  • News
  • Business
  • Health
  • Tech
  • Lifestyle
  • Economy
  • Crypto
  • Travel
No Result
View All Result
SEPOY.NET
No Result
View All Result
Home Business

The P&C benefits firm buying frenzy continues

Nicholas by Nicholas
July 31, 2023
in Business
0
The P&C benefits firm buying frenzy continues

Acera Insurance Services Ltd. is merging with Prizm Financial Inc. to expand its benefits division. 

The deal follows an ongoing trend of P&C firms expanding their offerings into the financial services realm by becoming one-stop shop for their commercial and personal clients. In buying benefits firms, P&C brokerages are capitalizing on the steady retirement of owners of small- and medium-sized retirement planning, wealth management and employee benefits firms.  

Acera says its acquisition of Prizm will make it a “leader in the Canadian group benefits market.”  

Prizm Financial is headquartered in Calgary, with a second location in Campbell River, B.C. It tailors group health and retirement solutions for all business sizes as well as wealth management for high-net-worth individuals. 

“On behalf of Acera insurance, I am excited to welcome the talented professionals of Prizm Financial,” Tony Fairfield, Acera’s president of group benefits. “This industry-leading team’s dedication, knowledge, and resources complements our efforts to expand the employee benefits, retirement and insurance solutions we provide across Canada.” 

Prizm Financial will fully transition to become Acera Benefits in the coming months. Acera currently has 1,000 employees in more than 60 offices across the country and writes $1 billion in gross written premium.  

This latest merger follows on the heels of two other Acera deals — one with Edmonton-based Rogers McLean Shaw Insurance, and another with Alberta-based Ruston Agencies — both announced in the last month.  

 

Feature image by iStock.com/istocksdaily


READ ALSO

What a buyers’ market means for brokerage M&A

Shipper costs to rise as regulator approves preliminary interim Trans Mountain tolls

Related Posts

What a buyers’ market means for brokerage M&A
Business

What a buyers’ market means for brokerage M&A

December 1, 2023
Shipper costs to rise as regulator approves preliminary interim Trans Mountain tolls
Business

Shipper costs to rise as regulator approves preliminary interim Trans Mountain tolls

December 1, 2023
How this year’s hurricane season ranks
Business

How this year’s hurricane season ranks

December 1, 2023
FIRST ONSITE expands in Saskatchewan, opening new branch in Regina
Business

FIRST ONSITE expands in Saskatchewan, opening new branch in Regina

December 1, 2023
What high interest rates mean for P&C investments
Business

What high interest rates mean for P&C investments

November 30, 2023
Police, insurers collaborate to dismantle auto theft ring
Business

Police, insurers collaborate to dismantle auto theft ring

November 30, 2023
Next Post
Winds play key role as wildfire continues to threaten Osoyoos, B.C.

Winds play key role as wildfire continues to threaten Osoyoos, B.C.

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

POPULAR NEWS

Roblox Is Unbreakable Trello Is this safe?

Roblox Is Unbreakable Trello Is this safe?

November 4, 2022
Discord Registered Games  Discord Registered Gaming You need to join the Club

Discord Registered Games Discord Registered Gaming You need to join the Club

November 4, 2022
How To Chose the Right Data Analytics Program

How To Chose the Right Data Analytics Program

November 4, 2022
Heavy explosion on market square in Halle – three injured

Heavy explosion on market square in Halle – three injured

November 4, 2022

Shivon Zilis Wiki, Height, Age, Boyfriend, Husband, Family, Biography & More

July 11, 2022

EDITOR'S PICK

Study Identifies New Dementia Risk Genes Through Novel Testing Approach

August 18, 2022
Your Right To Remain Silent When Questioned By Police

Your Right To Remain Silent When Questioned By Police

October 18, 2023
MPI ordered to plan for switch to primary driver model

MPI ordered to plan for switch to primary driver model

November 9, 2022
Your Israel Vacation Guide for Summer 2023

Your Israel Vacation Guide for Summer 2023

May 8, 2023

About

Sepoy.net is a perfect place for people who want daily updates on news related to business, technology, entertainment, health, cryptocurrency etc.

Contact: [email protected]

Major Categories

News

Business

Tech

Economy

 

Recent Posts

  • Thomas Schüllers Buch „Unheilige Allianz“: Kritik am Verhältnis von Kirche und Staat
  • Unique Housewarming Gift Ideas to Warm Hearts and Homes in Style!
  • Lindner: Aussetzen der Schuldenbremse ist nicht ausgeschlossen

Pages

  • About Us
  • Contact Us
  • Disclaimer
  • DMCA
  • Home
  • Privacy Policy

© 2023 Sepoy.net

No Result
View All Result
  • Home
  • Business
  • News
  • Health
  • Tech
  • Science
  • Lifestyle
  • Travel

© 2023 Sepoy.net

x