Axis Insurance Acquires The Magnes Group

May 22, 2024

Axis Insurance Managers Inc. has acquired The Magnes Group Inc., integrating the 100+ employee brokerage into Axis's national platform. The deal expands Axis's presence and capabilities in Ontario and Quebec, bolstering its commercial, personal, and life & benefits practice areas.

Buyers
Axis Insurance Managers Inc.
Targets
The Magnes Group Inc.
Industry
Insurance
Location
Ontario, Canada
Transaction Type
Buyout

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