univesta-solution

UNIVESTA INSURANCE AND FINANCIAL SERVICES INC. CONSOLIDATES AGAIN ITS POSITION IN QUEBEC!

The year 2014 is a year of growth at Univesta Insurance and Financial Services Inc., a provincial leader in damage insurance brokerage in Quebec!

Indeed, after announcing three (3) major transactions earlier this year, Univesta Insurance and Financial Services Inc. is proud to announce three (3) new transactions, two (2) of which took place in the great region of Estrie.

Thus, Duclos & Vaillancourt Assurances Inc., a leading firm based in Sherbrooke, joined the Univesta Group. This Alliance will allow Univesta Insurance and Financial Services Inc. to deploy further its service offering in the Sherbrooke region. It is important to remember that in 2011, Univesta Insurance and Financial Services Inc. had acquired the business insurance segment of this same firm.

Simultaneously with the transaction involving Duclos & Vaillancourt Assurances Inc., Univesta Insurance and Financial Services Inc. has also completed a second acquisition of importance in Estrie by acquiring Assurances C Labrecque et Fils Inc. The firm, firmly established in the Sherbrooke region, has distinguished itself over the years thanks to the quality of its staff as well as an attentive service to its loyal customers.

Through these two (2) transactions, all business portfolios of Univesta Insurance and Financial Services Inc., Duclos & Vaillancourt Assurances Inc. and Assurances C Labrecque et Fils Inc. will be merged into a single branch in Sherbrooke.

These two (2) transactions allow Univesta Insurance and Financial Services Inc. to become one of the largest firms in the greater region of Estrie with a premium portfolio worth more than $ 10,000,000 for this region alone.

The third transaction concerns a firm on the North Shore of Montreal, more precisely located in Blainville, which is called Les Assurances Jacques Thibault Enr. The firm will be merged to the Boisbriand branch of Univesta Insurance and Financial Services Inc.

These three acquisitions allow Univesta Insurance and Financial Services Inc. to increase its premium portfolio of $ 7,000,000 and contribute to an important milestone for the company’s growth. They also demonstrate our commitment and our determination to continue our development. We firmly believe that these transactions will strengthen our competitive position in certain regional areas already occupied by the company but also at the provincial level, making Univesta Insurance and Financial Services Inc. a major player in the industry of general insurance and financial services in Quebec!