Co-operators General Insurance Company announced that its wholly-owned subsidiary has purchased Carleton Insurance Brokers in Ottawa.
The brokerage’s portfolio includes personal and commercial insurance policies.
Current clients of the brokerage will be notified of the change in ownership and their existing insurance coverage will remain in effect with no changes to their premiums or coverage for the current term of their policies.
As current policies expire, clients will be offered comparable policies from The Co-operators.
"We’re pleased to be strengthening our presence and growing our agency distribution system in Ottawa and across the country, which is part of our growth strategy," said Kathy Bardswick , president and CEO of The Co-operators.
"Our new clients will benefit from the wide range of insurance and financial products, as well as the expertise, offered by Co-operators advisors."
Clients will enjoy the exemplary service of a leading national insurance co-operative and have access to a full suite of insurance products including home, auto, life, travel, commercial and farm insurance.
The Co-operators Group is a Canadian-owned co-operative with more than $40 billion in assets under administration.
Through its group of companies it offers home, auto, life, group, travel, commercial and farm insurance, as well as investment products. The Co-operators is well known for its community involvement and its commitment to sustainability.