ALIGNED Insurance Acquires Precept Insurance & Risk Management

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ALIGNED Insurance Acquires Precept Insurance and Risk Management Inc.

ALIGNED Insurance Inc. (ALIGNED), a leading commercial insurance brokerage with offices in Vancouver, Calgary, Toronto & it’s national operations centre in Waterloo, ON has announced today it has acquired the shares of Waterloo based brokerage Precept Insurance and Risk Management Inc. The transaction was completed June 1, 2015 and the terms of the acquisition were not disclosed.  ALIGNED President & CEO, Andrew Clark, shared that “ALIGNED continues to experience industry leading growth due to the unmatched value we deliver to our clients, and are thrilled to add the entire Precept Insurance and Risk Management Inc. team and nearly 800 clients to ALIGNED as we continue to deliver industry leading insurance and risk management solutions to our great & growing  group of clients across Canada.”

About Precept Insurance and Risk Management Inc.

Precept was founded in 1998 by the merger of three (3) well-established brokerage firms with deep roots in the communities they serve that date back to 1912.

Precept specializes in business, commercial, and specialty insurance. Their focus on providing their clients with tailor-made solutions that bring together risk management, personal attention and world class protection insurance products had led them to become one of the leading insurance brokerages in Tri- Cities and greater South Western Ontario area.

About ALIGNED Insurance

ALIGNED is a premiere insurance brokerage with over 1,400 clients across the country and offices in Toronto, Calgary and Vancouver which are supported by their national operations which is based in Waterloo, Ontario. ALIGNED was uniquely built to create, negotiate and deliver the best business insurance and risk management strategies/solutions to organizations of all sizes.

ALIGNED Insurance offers all of the following products:

Management Liability:
Board Insurance / Directors and Officers (D&O) Insurance
Employment Practices Liability (EPL) Insurance
Fiduciary Liability Insurance

Other:
Property Insurance- Including Business Interruption & Extra Expense
Machinery Breakdown/Boiler & Machinery Insurance
Course of Construction(COC)
Wrap-up Liability Insurance
Commercial General Liability / CGL Insurance
Pollution Liability Insurance
Commercial Automobile & Fleet Insurance
Umbrella Liability Insurance
Cyber, Hacking & Privacy Liability Insurance
Crime/Fidelity/Employee Theft Insurance
Professional Liability/Errors & Omissions (E&O) Insurance
Kidnap & Ransom Insurance
Representations & Warranty Insurance
Trade Credit
Surety & Bonding

To learn more about our insurance products visit us at www.alignedinsuranceinc.com

For More Information About ALIGNED Insurance Inc. or the acquistion contact:

Andrew Clark

President & CEO

ALIGNED Insurance Inc.

350 – 1 First Canadian Place

Board of Trade Tower

Toronto, ON

M5X 1C1

Direct: 1-866-287-0448

Email: assistants@alignedinsurance.com

ALIGNED Across Canada   

100% Canadian owned, ALIGNED is a premiere insurance brokerage that serves more than 1,400 clients across the country. ALIGNED’s offices in Toronto, Calgary and Vancouver are supported by a national operations centre in Cambridge, Ontario. Uniquely within the industry, ALIGNED creates, negotiates and delivers the best business insurance and risk management strategies/solutions to organizations like yours.

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