News and resources for Canada's top financial advisors
Est. 1998
Industry
IDC Worldsource Insurance Network has acquired the MGA business of Calgary-based Strategic Brokerage Services. The transaction also includes the business of SBS West, an associated firm located in Langley, British Columbia.
December 3, 2012
3 min read
The trend of M&As continues in Canada. In the latest development, Financial Horizons Inc., a large MGA, announced the acquisition of another MGA, Audis Canada Ltd. The transaction is expected to close by October 31, 2012. It involves the purchase of 100% of the shares of Audis Canada by Financial Horizons in exchange for cash […]
By Vikram Barhat |September 5, 2012
2 min read
Life
Advisors can expect more scrutiny in the future from MGAs.
By Jill McCutcheon |August 27, 2012
What to consider to get the best price
By Lisa MacColl |July 8, 2012
The Agencies Regulation Committee (ARC) of the Canadian Council of Insurance Regulators (CCIR) recently submitted a position paper addressing potential MGA-related issues raised by the public and media.
By Vikram Barhat |July 1, 2012
Canada’s insurance industry isn’t shrinking from the proposal for a closer regulatory oversight. But key stakeholders say lots remains to be done to fulfil the regulators’ mandate.
By Vikram Barhat |May 10, 2012
Canada’s insurance regulators are considering closer oversight of the relationship between carriers and managing general agencies (MGA). While the industry has taken steps to govern itself, it may not be enough to stave off closer regulatory supervision.
By Vikram Barhat |May 8, 2012
What happens when brokers decide to leave their MGAs
By Al Emid |March 1, 2012
In a move that could shake up the insurance distribution channel, Financial Horizons Inc. has bought Force Financiere Excel, creating the country's largest Managing General Agency (MGA).
By Staff |February 29, 2012
1 min read
Listen and learn. At the Advisor Group’s 2011 Distributors' Summit, Cameron Jacox and James Hilton, Managing Partners, Jacox-Hilton Producer Consulting, discussed how MGA owners can determine the value of their operation for both succession and sales purposes.
By Staff |September 14, 2011
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