Tuesday, May 6, 2008

The Standard to Add 4 Canada Brokerlink Offices

The Standard Insurance Brokers Ltd. and Canada Brokerlink announced that they have entered into a Letter of Intent whereby The Standard will acquire Canada Brokerlink's Northwestern Ontario offices in Kenora, Sioux Lookout and Red Lake, as well as the office in Dryden operating as Skillen-Squire.

The Standard has been operating in Northwestern Ontario since 1897 and the acquisition of these four offices will increase The Standard's market share in the area by approximately 50 percent.

Established in 1991, Canada Brokerlink is the fourth largest insurance brokerage in the country.

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