Inowest Insurance Brokers Inc. acquires Sylvan Agencies Ltd. in Central Alberta

May 7th, 2015

CALGARY, May 7, 2015 /CNW/ – Rogers Insurance Ltd. is pleased to announce, under the previously formed Inowest Insurance Brokers Inc. brand, the acquisition of Sylvan Agencies Ltd., which operates as Sylvan Agencies in Sylvan Lake, AB and Procom Insurance in Red Deer, AB.

The acquisition of these two brokerages expands the commitment Rogers Insurance made to the Central Albertamarketplace when they purchased Mooney Insurance Agency Ltd. in Red Deer in 2010.

According to Bruce Rabik, Rogers Insurance COO, “This acquisition positions us as the dominant brokerage inCentral Alberta at a time when the size of a firm increasingly provides advantages to clients such as access to more insurance companies and technology that improves the customer experience.”

Rogers Insurance President, Lee Rogers, adds, “We are Alberta-based and committed to local communities in our province. Our team is looking forward to working with the partners of Sylvan Agencies Ltd. – David Mousseau, Greg Weik, Dan Nielsen, Dan McLean, Chris McNeil and Curtis Nichols as we work to grow their business in Central Alberta.”

The Sylvan Agencies Ltd. partners will remain in their leadership roles and said in a joint statement, “This transaction with Rogers Insurance was the best option for our employees and clients while allowing us to remain independent.”

Rogers Insurance is employee-owned and Canada’s most award-winning brokerage. They were recently named one ofAlberta’s Top 70 Employers and one of Canada’s Top Small & Medium Employers for 2015. The Rogers Insurance group of companies employs 330 people (67 are employee-owners) and writes over $250,000,000 in premiums.

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