Western Financial Group expands to Ontario with Axion Insurance acquisition

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.

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Advisor.ca staff

Staff

The staff of Advisor.ca have been covering news for financial advisors since 1998.