MONTREAL, Jan. 3, 2019 /CNW/ - The Co-operators announced today it has purchased Assurances Madelein Inc. (Assurances Madelein) in Laval, Quebec.
The brokerage's portfolio includes personal and commercial insurance policies. Any existing insurance coverage a client has will remain unchanged and in effect for the current term of their policies.
"This acquisition further strengthens our distribution system and the co-operative presence in Quebec," said Rob Wesseling, president and CEO of The Co-operators. "With our continued growth in the province, we are able to deepen our connection to our Quebec clients helping us better understand their unique needs and help them accomplish their financial goals.
Clients will benefit from the exemplary service of a leading national insurance co-operative and have access to a full suite of insurance products including home, auto, life, wealth, travel and commercial.
About The Co-operators:
The Co-operators Group Limited is a Canadian co-operative with more than $42.5 billion in assets under administration. Through its group of companies, it offers home, auto, life, group, travel, commercial and farm insurance, as well as investment products. The Co-operators is well known for its community involvement and its commitment to sustainability. The Co-operators is listed among the Best Employers in Canada by Aon Hewitt and Corporate Knights' Best 50 Corporate Citizens in Canada. For more information, visit www.cooperators.ca.
SOURCE The Co-operators
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