Western Financial acquires marine insurance brokerage

Western Financial Group has acquired B.C. Yacht Insurance Brokers.

B.C. Yacht was founded in 2006 and specializes in watercraft insurance. It’s headquartered in Sidney, British Columbia, and is Western Financial’s second Vancouver Island purchase of 2012.

Read: Insuring the Boat

“We’ve developed specialized expertise and underwriting agreements with respect to watercraft and marine insurance,” says Raymond.

The Sidney office will continue to operate out of the same location but, through Western Financial, will now offer its customers an expanded list of products including home, auto and life insurance.

Read: How to integrate P&C insurance for your clients

Staff

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