Operating Company Financial Services

Axis Insurance

Vancouver, British Columbia, Canada

Full-service insurance brokerage providing commercial and personal insurance, life insurance, employee benefits, and wealth advisory/risk-management solutions for local, national, and international clients.

Focus Areas
Insurance Brokerage, Employee Benefits, Life Insurance

Tracked deals

7

7 tracked deals across 2022-2026.

Recent pace

2

2 tracked deals announced in the last 12 months.

Deal mix

Buyout

7 buyout

Axis Insurance Acquisition Volume by Year

Last 4 years

Acquisition volume by year Annual acquisition counts for the last 4 years for Axis Insurance. 1 2022 3 2024 1 2025 ~3 est. 2 2026
Actual Full-year estimate

Supporting Data

Recent Transactions

  • Buyer
    Axis Insurance Managers Inc.
    Target
    Treasures Insurance Edmonton Inc.
    Industry
    Insurance
    Location
    Alberta, Canada
    Type
    Buyout

    Axis Insurance Managers Inc. has acquired Treasures Insurance Edmonton Inc., strengthening Axis’s presence in Alberta and expanding its ability to deliver commercial and personal insurance and advisory services across Canada. As part of the transition, Chris Waye joined Axis as Senior Vice President, Corporate Development & Director Edmonton to support the firm’s Edmonton expansion.

  • Buyer
    Axis Insurance
    Target
    Edgewater Financial Group, Kearns Edgewater Financial Services, Group benefits portfolio of Kearns Insurance Corporation
    Seller
    Kearns Insurance Corporation
    Industry
    Insurance
    Location
    Ontario, Canada
    Type
    Buyout

    Vancouver-based Axis Insurance has acquired Edgewater Financial Group and Kearns Edgewater Financial Services and purchased the group benefits portfolio from Kearns Insurance Corporation. The moves expand Axis’s national life, benefits and wealth capabilities and bring senior hires — Scott Beckett and John Stoneman — into Axis’s benefits and wealth practice.

  • Buyer
    Axis Insurance Managers Inc.
    Target
    Fuse Insurance
    Industry
    Insurance
    Location
    Alberta, Canada
    Type
    Buyout

    Axis Insurance Managers Inc. has acquired Fuse Insurance, a Calgary-based technology-driven commercial insurance brokerage founded in 2017. The deal expands Axis's presence in Alberta and adds Fuse's digital brokerage capabilities to Axis's national risk management and commercial insurance platform; Fuse co-founder Kevin Lea will join Axis's commercial sales team.

  • Buyer
    Axis Insurance Managers Inc.
    Target
    Baker Insurance Ltd.
    Industry
    Insurance
    Location
    Alberta, Canada
    Type
    Buyout

    Axis Insurance Managers Inc. has acquired Baker Insurance Ltd., a Calgary-based property & casualty brokerage known for managing complex corporate and private-asset risks. The deal expands Axis' presence in Alberta and enhances its risk management and specialty P&C capabilities through Baker's expertise in areas such as inland marine and surety bonds.

  • Buyer
    Axis Insurance Managers Inc.
    Target
    O'Neill Group
    Industry
    Insurance
    Location
    British Columbia, Canada
    Type
    Buyout

    Axis Insurance Managers Inc. has acquired the O'Neill Group, a Vancouver-based employee group benefits, life insurance, and wealth advisory firm. O'Neill Group (est. 1985) will operate as a practice group within Axis; the small team of twelve staff will expand Axis's employee benefits and wealth advisory capabilities across Canada.

  • Buyer
    Axis Insurance Managers Inc.
    Target
    The Magnes Group Inc.
    Industry
    Insurance
    Location
    Ontario, Canada
    Type
    Buyout

    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.

  • Buyer
    Axis Insurance Managers
    Target
    BMG Aviation Ltd. (dba BMG Insurance Brokers)
    Industry
    Insurance
    Location
    Canada
    Type
    Buyout

    Axis Insurance Managers completed the acquisition of BMG Aviation Ltd. dba BMG Insurance Brokers effective June 1, 2022. The purchase brings a specialist aviation and aerospace insurance practice into Axis’s national brokerage platform, positioning Axis as a leader in Aviation & Aerospace insurance and expanding its industry-based practice capabilities; Maureen Crockett and Brian Julien will lead the combined Aviation and Aerospace practice under the Axis brand.

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