Nexus Canada Inc and PBL Insurance Limited Announce Merger
Nexus Canada Inc.’s President, George Zanette with Mike Robinson, President of PBL Insurance Limited are pleased to announce the pending merger of their general insurance brokerages.
“We have an excellent opportunity to maximize the market on behalf of our clients. With the partners at Nexus remaining as shareholders in the newly structured PBL Corporation, the clients can look forward to increased stability on premiums and excellent service standards” says Zanette.
“The synergy and professionalism shared by both companies, made this merger the perfect opportunity for growth. PBL has always wanted to have a presence in Northern Ontario and Nexus will be there to continue their tradition of serving their clients well” says Mike Robinson.
Situated in Sudbury, Nexus Canada Inc. is one of the largest independently owned general insurance brokerages in Northern Ontario and has international clientele as well as clients throughout Canada. The Sudbury location will become a pivotal point for the distribution of insurance products and services for Nexus and PBL clients. The combined volume of business will see this new company grow to over $ 120,000,000.
With more than 150 employees, PBL, the largest independently owned insurance brokerage is considered leaders in the financial and insurance service industry. Their history dates back to 1931.
“We now will have representation in all the growth centers in Ontario with offices currently located in Windsor, London, Toronto, Ottawa, Sudbury and Sault Ste. Marie. It is our continued commitment to build solid relationships with customers through our specialized knowledge and expertise. “
For further information contact: George Zanette
Telephone: 705-525-4800