Insurance Acquisitions in Canada

SIB Corp., operating as StoneRidge Insurance Brokers (SIB), acquired Seymour Fair Insurance Brokers Inc., an Ontario-based full-service insurance brokerage. Seymour Fair Insurance will continue to be led by its Principal Broker/Owner, David Fair, and the deal strengthens SIB’s presence in Southern Ontario.

Axis Insurance Managers completed the acquisition of BMG Aviation Ltd., doing business as BMG Insurance Brokers, effective June 1, 2022. BMG is a privately owned western Canadian insurance brokerage specializing in aviation and aerospace risks, and the combined business will operate under the Axis brand to strengthen Axis’s aviation and aerospace insurance practice nationally.