Brokerage Expands Its Presence in New Transaction

Ontario brokerage PetleyHare is expanding and yesterday announced the acquisition of Gwilliames & Associates Insurance Brokers.

Gwilliames & Associates Insurance Brokers has been providing home, auto, business, life and travel insurance to clients in the Durham region since the brokerage was established in Ajax, Ontario in 1964.

“PetleyHare is committed to strategic growth and investment in the Durham region,” comments Adam Hare, President of PetleyHare. “Expanding our customer base in the communities we already love serving is just a natural step for us.

“Gwilliames & Associates Insurance Brokers is an excellent brokerage that has been providing insurance solutions to families and businesses in the Durham region for 60 years. We look forward to building on these meaningful and lasting relationships.

Founded in 1922, PetleyHare is a full-service brokerage offering home, auto and business insurance through its offices in Oshawa and Port Perry, Ontario. It also offers recreational insurance – boats, RVs and “toys” such as SeaDoos, snowmobiles and ATVs – as well as cyber, drone and yoga insurance.

PetleyHare is a finalist for one of the 2024 Insurance Brokers Association of Ontario (IBAO) Awards of Excellence (Large Brokerage Award).

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Gwilliames & Associates Insurance Brokers clients are already beginning the transition to PetleyHare’s business, brand and operations.

“Gwilliames & Associates Insurance Brokers has been a proud part of the business world for 60 years and we are pleased to become part of PetleyHare to continue providing the same level of service and care that we have provided to our clients over the years,” Owen says. McNeil, managing partner of Gwilliames.

“We are confident that their values ​​and understanding of consumer needs will live up to our customers’ expectations. »

PetleyHare says it plans to continue seeking growth through acquisitions, adding that the Gwillliames deal is part of a larger effort to grow the PetleyHare brand.

“At PetleyHare, we don’t just plan for the short term: we focus on lasting success,” says Ashley Holmes, vice president of PetleyHare. “That’s why we’ve invested heavily over the past few years, unveiling a new brand identity, building state-of-the-art, state-of-the-art office space and strengthening our management team.

“These strategic measures are intended to improve our ability to better serve our customers and our community, while positioning us for continued growth in the acquisitions space. »

Featured image courtesy of iStock.com/Ihor Martsenyuk