Credit union alliance purchases business in B.C.

By Staff | January 2, 2019 | Last updated on January 2, 2019
1 min read

Credit Union Agencies Alliance Limited (CUAAL) has added to its business.

CUAAL, an alliance between The Co-operators, First Credit Union and Aldergrove Credit Union, has purchased Envision Insurance Services’ book of business in Aldergrove, B.C., says a release.

Envision Insurance Services is a division of First West Insurance Services Ltd., which is owned by First West Credit Union.

The purchase allows Aldergrove-based clients to continue to receive local service, as the Envision building in that area was closed to enable development of a community centre, says the release. First West Insurance/Envision Insurance will continue to serve insurance clients at its remaining locations.

Current clients’ insurance coverage will remain in effect with no changes to premiums or coverage for the current term of their policies, the release says. As current policies expire, clients will be offered comparable policies from The Co-operators.

Staff

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