The Co-operators acquires Denny's Insurance
Jan 16, 2017
GUELPH, ON, Jan. 16, 2017 /CNW/ - Co-operators General Insurance Company announced today that its wholly-owned subsidiary has purchased Denny's Insurance located in Acton, Ontario. The brokerage's portfolio includes personal and commercial insurance policies.
Current clients of the brokerage will be notified of the change in ownership and their existing insurance coverage will remain in effect with no changes to their premiums or coverage for the current term of their policies. As current policies expire, clients will be offered comparable policies from The Co-operators.
"This is another stride made in strengthening and growing our agency distribution system in Ontario, and across the country—allowing us to better serve Canadians and their families," said Rob Wesseling, president and CEO of The Co-operators. "We look forward to helping our new clients get the insurance and investment products they need to achieve financial security, and ultimately, peace of mind."
Clients will enjoy the exemplary service of a leading national insurance co-operative and have access to a full suite of insurance products including home, auto, life, travel, commercial and farm insurance.
About The Co-operators:
The Co-operators Group Limited is a Canadian co-operative with more than $44 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; Corporate Knights' Best 50 Corporate Citizens in Canada; and the Top 50 Socially Responsible Corporations in Canada by Sustainalytics and Maclean's magazine. For more information please visit www.cooperators.ca.
SOURCE The Co-operators
For further information: Leonard Sharman, The Co-operators, 519-767-3937