A.P. Reid Insurance to acquire Sheppard Insurance Service and Risk Management Ltd.
DARTMOUTH, NS – A.P. Reid Insurance Ltd. (“A.P. Reid”) is pleased to announce its upcoming acquisition of Sheppard Insurance Service and Risk Management Ltd. (“Sheppard Insurance”) effective May 1, 2019. As part of its ongoing national expansion, Sheppard Insurance is A.P. Reid’s second acquisition in 2019, having acquired Wardell Insurance Limited of Burlington, ON, January 1 2019.
Since 2014, A.P. Reid has opened offices in Ontario and Alberta and has made a number of other acquisitions in both provinces including Robert C. Davis Insurance of Waterdown, ON, and commercial and specialty insurance broker Robinson Insurance of Edmonton, AB. The acquisition of Sheppard Insurance will bring A.P. Reid’s overall employee count to 90, including 10 in Ontario and 27 in Alberta.
Sheppard Insurance, founded in 1979 by Emily and Tony Sheppard, is now led by business owners Grant Sheppard and Scott Zurfluh, in Edmonton with a team of over 20 employees. Sheppard Insurance is one of Edmonton’s largest and a well-respected commercial insurance brokerage who specializes in Trucking, Aviation, Automotive, Manufacturing and Property Management. Sheppard has established long-term, meaningful partnerships with its clients, suppliers and employees based on respect and trust. This year marks Sheppard Insurance’s 40th year in business. Following the close of the transaction on May 1, 2019, A.P. Reid’s Western regional team will unite with Sheppard Insurance under one roof. Grant Sheppard and Scott Zurfluh will continue with A.P. Reid in leadership roles for our Western operations.
“We are incredibly fortunate to have Grant and Scott and the entire Sheppard team join our organization. From the moment I met them it was clear that this was one of the most well-run, professional and skilled insurance brokerages I have encountered. The joining of A.P. Reid and Sheppard makes us one of the largest and best equipped commercial insurance brokerages in Canada.” says Jamie Reid, President.
Established in 1980 by Aileen Reid, A.P. Reid Insurance is the retail insurance division of the Storm Insurance Group, one of Canada’s national, multi-distribution insurance organizations. A.P. Reid has locations throughout Nova Scotia, New Brunswick, Ontario and Alberta, and actively protects clients in all provinces and territories across Canada.
Sheppard Insurance will be the latest brokerage to join the Storm Insurance Group, which includes A.P. Reid Insurance; Agile Underwriting Solutions (an insurance wholesaler), ZipSure Insurance Brokers Ltd.
