Cowan Insurance Group has acquired The Williamson Group (TWG) for an undisclosed amount.
Don Williamson, president of TWG, will report directly to Heather McLachlin, president of Cowan Insurance Group, and TWG employees will continue in their current roles.
“The acquisition of TWG aligns well with our strategy for Cowan on a number of fronts,” McLachlin explains. “The culture, values and approach when dealing with clients of our two organizations are extremely similar; we have complementary, yet unique products and services so together we will have a broader product shelf for clients to choose from.”
“We believe this change will produce extensive opportunities for both our clients and our employees,” Williamson adds. “Cowan Insurance Group and The Williamson Group together will have increased strength and size, with more buying power for our clients and the combined talents of two great companies.”
The addition of TWG as a Cowan company, increases Cowan’s footprint to approximately 450 employees operating out of 10 locations including Cambridge, Kitchener, Ottawa, Paris, Hamilton, Woodstock, Stratford, Burford and two offices in Brantford.
Cowan advises and creates retirement, group benefits and disability management programs for employee groups. TWG focuses on providing employer sponsored benefits, pensions, and disability management programs.
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