Home Breadcrumb caret Industry News Breadcrumb caret Industry Western Financial Group expands to Ontario with Axion Insurance acquisition Insurance company Western Financial Group Inc. has expanded to Ontario with its acquisition of Axion Insurance Services Inc. The acquisition will add 10 Ontario locations and about 60 insurance experts to Western’s network of insurance brokerages, said the company in a release. “As part of our Canadian expansion strategy, we are excited to make our […] By Staff | June 21, 2018 | Last updated on June 21, 2018 1 min read Insurance company Western Financial Group Inc. has expanded to Ontario with its acquisition of Axion Insurance Services Inc. The acquisition will add 10 Ontario locations and about 60 insurance experts to Western’s network of insurance brokerages, said the company in a release. “As part of our Canadian expansion strategy, we are excited to make our first acquisition beyond the borders of the four Western provinces and we felt that Ontario was an ideal place to start,” said Kenny Nicholls, president and CEO of Western, in a release. Western is a subsidiary of Trimont Financial Ltd., a subsidiary of The Wawanesa Mutual Insurance Company. Read: Insurance firms eye M&A and partnerships for growth: KPMG How life insurance is taxed Value of Canada’s M&A activity dropped in Q1 2018 Staff The staff of Advisor.ca have been covering news for financial advisors since 1998. Save Stroke 1 Print Group 8 Share LI logo