Univesta Assurances et Services Financiers Inc. acquires new market shares in the Valleyfield region.
Montreal, 1 September 2015
Univesta Assurances et services financiers Inc., one of the leader in the brokerage business in Quebec, just realized a transaction with Groupe DPJL Assurances et Services Financiers Inc. effective September 1st, 2015. Therefore, after negotiations over the past months with Groupe DPJL Inc., Univesta Assurances acquires the damage insurance portfolio of this firm for the Greater Valleyfield.
Thus, all the business lines of Groupe DPJL for this region, either for personal or commercial insurance will be merged with the current volume of business held by Univesta Assurances. For the Valleyfield area, this transaction allows Univesta Assurances to add to its premium/volume over $7M. Moreover, 9 employees from Groupe DPJL will be joining Univesta Assurances’ team in Valleyfield will other employees from Groupe DPJL will be reassigned to other DPJL’s branches.
We are already hold a strong position and an important presence in this region, after all, our customers and our organization will only benefit from this transaction, in addition to gain from the experience and skills of these new professionals who will be joining our team.
Therefore, following the recent acquisition in the Valleyfield region, of the firm Rochefort, Perron, Billette et Associés (RPB), on May 1st, the acquisition of Groupe DPJL of the same region, will allow Univesta to reach an important and critical mass along with a significant market share of this large territory of the Montérégie. Our combined capabilities and our complementary expertise will enable is to establish and maintain strong and lasting relationships our current and future customers by offering what is best, in terms of value and service.