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Western Financial Group announces acquisition of Ontario-based DMW Insurance Ltd.

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Western Financial Group announces acquisition of Ontario-based DMW Insurance Ltd.

Canada NewsWire

HIGH RIVER, AB, Aug. 1, 2018 /CNW/ - Western Financial Group Inc. ("Western") continues to expand its operation through the acquisition of another Ontario-based brokerage. DMW Insurance Ltd., located in Toronto has joined Western's brokerage team which serves customers across Canada.

Western Financial Group - Western Canada's largest insurance brokerage network (CNW Group/Western Financial Group)

"As the largest insurance broker in western Canada, we recognize the importance of being able to bring our expertise and care for customers into Ontario, the largest insurance market in Canada," said Kenny Nicholls, Western's President and Chief Executive Officer (CEO).

"In addition to our technological investments, our awareness of the connected customer and our strategic expansion of locations across Canada, we understand the importance of the customer and broker relationship," he said. "This acquisition is another opportunity to promote the value of our insurance solutions to Canadians."

"We welcome DMW Insurance Ltd. founder David Waserman and his team of insurance experts to the Western family. This move is both a positive step forward and a continuation of our growth strategy," Nicholls said.

DMW Insurance Ltd. 

Founded in 1993, DMW Insurance Ltd. is committed to providing optimal insurance quotes and securing the right insurance solutions for customers primarily across Toronto, Etobicoke, North York, Richmond Hill and Scarborough. As an insurance broker, DMW provides personal and business insurance services to clients and  prides itself on its capacity to generate online leads in today's digital landscape.

Western Financial Group Inc. 

Western is a diversified insurance services company that is focused on creating security and has provided over one million Canadians the right protection for more than 100 years. Headquartered in High River, Alberta, Western provides personal and business insurance services through 179 locations, its affiliates and a variety of connected channels, with an engaged team of approximately 1,800 people.

Western is a subsidiary of Trimont Financial Ltd., a subsidiary of The Wawanesa Mutual Insurance Company.

Kenny Nicholls, President and CEO of Western Financial Group. (CNW Group/Western Financial Group)

SOURCE Western Financial Group

View original content with multimedia: http://www.newswire.ca/en/releases/archive/August2018/01/c4732.html

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