Insurance Distribution Information from Canada
Cornerstone Insurance Brokers Ltd. Purchases Colley, Borland & Vale Insurance Brokers Limited
Woodbridge, ON March 1, 2011 - Cornerstone Insurance Brokers Ltd, is pleased to announce the purchase of Markham-based Colley, Borland & Vale Insurance Brokers Limited, a brokerage specializing in farm, commercial, and home & auto insurance.
The transaction, which closed end of business day on February 28, 2011, brings together two exceptional brokerages. "We share a common vision for delivering consistent, personalized service to our clients. We know that the Colley, Borland & Vale brokerage - our clients and our staff alike - will be in great hands with Cornerstone," commented Philip Colley, President of Colley, Borland & Vale.
The Markham brokerage will complement Cornerstone’s existing location on Weston Road, Woodbridge. Wendy DaSilva, CEO of Cornerstone added, "We are delighted with the acquisition, as Colley, Borland & Vale are an excellent fit for Cornerstone. Their specific expertise with farms, rural, and equine insurance combined with their overall platform gives us a unique competitive advantage."
The Markham office will become the second location for Cornerstone. "It was clear from the onset that Colley, Borland & Vale shared our entrepreneurial focus and dedication to an enhanced customer experience. We look forward to the harmonization of both teams as we continue to expand and grow," commented Peter DaSilva, President of Cornerstone.
About Colley, Borland & Vale
Incorporated in 1968, Colley, Borland & Vale Insurance Brokers Limited has grown into a large independently owned brokerage. The company provides home, auto, and commercial insurance to thousands of clients, and specializes in farm, rural, and equine insurance.
Cornerstone Insurance Brokers is a multi-line full service privately owned brokerage with thousands of clients in all insurance categories all over Canada. Headquartered in Woodbridge, Ontario, Cornerstone constructs best of class solutions for small, medium, and large corporations, as well as retail clients.