M&A Deal Summary |
|
|---|---|
| Date | 2014-03-28 |
| Target | The Insurance Company Of Prince Edward Island |
| Sector | Insurance |
| Buyer(s) | ICPEI |
| Sellers(s) | SGI Canada |
| Deal Type | Divestiture |
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ICPEI is a specialty property and casualty insurance company operating in Canada and Europe. The company focuses on non-standard automobile insurance and other specialty insurance lines. ICPEI was founded in 1997 and is based in Mississauga, Ontario.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector: Insurance M&A | 1 of 1 |
| Type: Divestiture M&A Deals | 1 of 1 |
| State: Saskatchewan M&A | 1 of 1 |
| Country: Canada M&A | 1 of 1 |
| Year: 2014 M&A | 1 of 1 |
SGI CANADA sells property and casualty insurance in four provinces. It operates as SGI CANADA in Saskatchewan, Alberta and Manitoba, and Coachman Insurance Company in Ontario. It sells its products exclusively through independent insurance brokers in all jurisdictions.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector: Insurance M&A | 1 of 1 |
| Type: Divestiture M&A Deals | 1 of 1 |
| State: Saskatchewan M&A | 1 of 1 |
| Country: Canada M&A | 1 of 1 |
| Year: 2014 M&A | 1 of 1 |
