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Towerhill Insurance Underwriters Inc., a subsidiary of Arthur J. Gallagher Canada Limited, acquires the shares of Core Underwriting Services Inc.

Fasken
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Overview

Client

Arthur J. Gallagher Canada Limited

On August 22, 2022 Towerhill Insurance Underwriters Inc. (o/a Excess Underwriting Company) ("the buyer"), a subsidiary of Arthur J. Gallagher Canada Limited, announced its acquisition of Core Underwriting Services Inc. ("Core") by way of a share purchase agreement.

Core is a Managing General Agent (MGA) that specializes in commercial insurance solutions for Canadians on standard and non-standard property and liability coverage.

Fasken advised the buyer in connection with this transaction with a team comprised of Wojtek Baraniak, Jack Yu, Craig Bellefontaine, Fatima Husnain, Taylor West and Irene Lai (Articling Student).

 

Jurisdiction

  • Ontario

Team

  • A. Wojtek Baraniak, Partner, Toronto, ON, +1 416 868 3332, wbaraniak@fasken.com
  • Jack Yu, Partner | CO-LEADER, CHINA PRACTICE GROUP, Toronto, ON, +1 416 868 3457, jyu@fasken.com
  • Craig Bellefontaine, Partner, Toronto, ON, +1 416 943 8965, cbellefontaine@fasken.com
  • Fatima Husnain, Associate, Toronto, ON, +1 416 865 5149, fhusnain@fasken.com
  • Taylor West, Associate, Toronto, ON, +1 416 865 5466, twest@fasken.com
  • Irene Lai, Associate, Toronto, ON, +1 416 868 7855, ilai@fasken.com