Verge Insurance Group Acquires 2020 Insurance Brokers

FOR IMMEDIATE RELEASE?

Strategic Growth: Verge Insurance Group Acquires 2020 Insurance Brokers?

[St. Catharines, Ontario] – January 22, 2025 – Verge Insurance Group is happy to announce that 2020 Insurance Brokers, a well-regarded insurance brokerage with a strong reputation for P&C Insurance, will be part of Verge Insurance Group effective January 15, 2025. This strategic acquisition opens up new avenues for growth and enhances our ability to serve the Niagara Region.?

Verge Insurance Group Chief Operating Officer and Managing Partner, Caroline Sherk, said, “This partnership will allow us to broaden our service offerings and strengthen our capabilities in the Niagara region, paving the way for continued success in the industry.”

“We are very excited to have the team at 2020 Insurance Brokers joining Verge Insurance Group,” said Verge Insurance Group President, Mark Sherk.

We are excited for the opportunities this acquisition brings and look forward to a bright future together with the 2020 Insurance Brokers team. This is the Verge Group’s 10th acquisition in its modern-day history.

About Verge Insurance Group The Verge Insurance Group consists of a full-service insurance brokerage that specializes in personal insurance, commercial insurance, and life & employee benefits. Over its history, Verge Insurance has become well-known in the Niagara community for its expertise, extensive representation of insurance companies, and skilled design and placement of insurance products at competitive terms coupled with the best of personalized service. The Group has multiple offices in both the Region of Niagara and Hamilton.

Verge Insurance Group is a member of The Canadian Broker Network (CBN), an alliance of Canada’s leading independent insurance brokerages. Working together with one strong nation-wide voice, CBN brings built-in-Canada capability and innovation across personal and commercial lines, life and group benefits.? Representing over $3.5 billion in property casualty premiums, the CBN has over 100 nationwide offices and more than 4,000 employees ensuring that members can deliver the best possible value proposition to their clients, employees and insurer partners.

For more information, please contact:

Sara Abduwayit

[email protected]

905-688-9170 ext. 125

www.vergeinsurance.com