IDC Worldsource Insurance Network (IDC WIN) has acquired Aurrea Signature, a Quebec-based managing general agency (MGA).
Aurrea, which was formed in 1999, backs around 1200 contracted advisors across Quebec. It offers them a wide array of insurance products and business growth resources.
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IDC WIN president Phil Marsillo said “This transaction is a significant development in IDC WIN’s strategic goal to be the primary MGA in the independent advice channel across Canada.
“We are excited to expand our footprint in Quebec, collaborating with the Aurrea leadership team to deliver service excellence and end-to-end financial solutions in the region.”
Aurrea will retain its leadership team and staff post acquisition. The team will be led by Christian Laroche, who will now assume the role of president for Quebec Operations of IDC WIN.
Larochesaid: “We are excited to partner with IDC WIN. Their holistic and committed approach to advisor support—to provide advisors with every opportunity to succeed—aligns with our core values and mandate to help advisors drive their businesses forward.”
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By GlobalDataIDC WorldsourceInsurance Network is one of key life insurance managing general agency serving more than 3,000 advisors across the country. It serves its customers through its partnerships with more than 15 insurance carriers.
