Collectivfide Insurance Group

What Collectivfide Insurance Group does

Collectivfide Insurance Group Inc. is a Cambridge, Ontario-based holding company founded in 2019 by a consortium of Canadian mutual insurance companies to acquire and support independent P&C insurance brokerages. As of April 2025 the group has acquired 14 broker partners across Ontario operating more than 19 office locations, with brands ranging from 30-year-old single-office shops to 125-year-old multi-office operations such as Miller Insurance Brokers (7 offices, 50+ employees). The operating model preserves each brokerage's brand, staff, and customer relationships while providing centralized shared services — HR and benefits, underwriting and carrier relations, marketing, finance, technology optimization (including office automation and cybersecurity), and a BMS-based data analytics dashboard.

Revenue is generated by owning majority stakes in brokerage subsidiaries that earn commissions on personal, commercial, agriculture, marine, aviation, and other P&C lines; the company also describes a subscription/recurring services layer across the network, though specific pricing is not publicly disclosed. The go-to-market is a hybrid: outbound sales-led outreach to broker owners approaching retirement, paired with a channel-partner motion where each acquired broker functions as a regional distribution node. In 2025 the company closed a $65M growth-equity round led by Farm Mutual Reinsurance Plan Inc., with the Farm Mutual Re CEO joining the board, providing capital to continue the acquisition program and professionalize the leadership team (new CFO in September 2024 and COO in January 2025).

Name

Collectivfide Insurance Group

Legal name

Collectivfide Insurance Group Inc.

Website

https://collectivfide.com

Company type

Private

Founded year

2019

Operating status

Operating

Headcount range

11–50 employees

Short description

Collectivfide Insurance Group is a Cambridge, Ontario-based holding company, founded in 2019 and backed by Canadian mutual insurers, that acquires and centrally services independent Ontario insurance brokerages while preserving each partner's brand, staff, and community presence.

Ownership category

akta.pro rank

Product category

Insurance Brokerage Services

NAICS

Insurance Agencies and Brokerages (52421), Agencies, Brokerages, and Other Insurance Related Activities (5242), Insurance Agencies and Brokerages (524210)

SIC

Insurance Agents, Brokers & Service (6411)

akta.pro primary industry

Individual Health Insurance Brokerage & Distribution (FSAIAEAL)

akta.pro secondary industry

Embedded Insurance & Affinity Distribution Platforms (FSAGAGAL)

Keywords

• Insurance brokerage consolidation
• Succession planning services
• Broker partner network
• Shared services platform
• Independent broker support

Headquarters

HQ city

Cambridge

HQ country

Canada

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Broker Partnership Services: Collectivfide provides centralized shared services to broker partners including underwriting, finance, human resources, data analytics, technology optimization, and marketing. In return, broker partners benefit from being part of a larger network while maintaining autonomy.
2. Brokerage Acquisitions: The company acquires majority stakes in independent insurance brokerages, providing succession planning solutions and capital for retiring owners. This M&A activity builds the broker network and generates growth.

Go-to-market motion2 records

Distribution channels1 record

Marketing channels5 records

Core offering

Collectivfide Insurance Group acquires majority stakes in independent insurance brokerages across Ontario and provides them with centralized shared services including underwriting, HR and benefits, marketing, finance, data analytics, and technology optimization, while allowing the brokerages to retain their brand, staff, and local autonomy. The company also structures flexible succession plans for retiring broker owners, offering structured exits or completed buyouts as alternatives to selling to PE-backed consolidators.

Product overview

Collectivfide Insurance Group operates as a network platform for independent insurance brokerages in Canada. The company provides centralized shared services (HR, underwriting, marketing, data analytics, technology, finance) to broker partners while allowing them to maintain their autonomy, brand, and local community focus. The portfolio includes 14 acquired broker partners across Ontario, each operating under their existing names. Additional offerings include educational whitepapers on benchmarking and business optimization, marketing support tools, and community involvement programs.

Differentiator

Problem solved

Functional benefit

Products and services

• Collectivfide Broker Network A network of independently-owned insurance brokerages across Ontario that receive centralized services including HR, underwriting, marketing, data analytics, technology optimization, and finance while retaining their own brand, staff, and client relationships. The network currently includes 14 broker partners and over 19 office locations throughout Ontario.
• Broker Succession Planning Services Flexible succession planning services for owners of independent insurance brokerages, offering structured exits, gradual buyouts, or completed buyouts tailored to the owner's timeline and goals. Designed to remove financial burden from successors while preserving the brokerage's legacy, brand, and community presence.
• Centralized Underwriting and Carrier Relations Support

Quantifiable outcome

• Access to enhanced CPC tiers resulting in more money back for broker partners
• +1 more outcomes

Named customers13 records

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

16 partnerships are on record, tiered core and minor.

• Miller Insurance BrokerscoreStrategic or Co-development Partner · 31 March 2025Miller Insurance Brokers became Collectivfide's 14th acquisition and largest to date. Founded in 1899, the brokerage operates 7 offices across Grey, Bruce, Huron, Perth, and Wellington counties with 50+ employees. The partnership closed March 31, 2025. Miller sought a partner with mutual background alignment and community values.
• Sean Mulcair / Gradient SolutionsminorImplementation/ SI/ Consulting Partner · 19 January 2025Sean Mulcair, founder of Gradient Solutions, joined as Chief Operating Officer. Previously consulted with brokers for 20+ years on operational performance, strategic planning, growth enablement, and leadership development. Former Quebec's Best Practices Champion by IBAC.
• Claremont Mississauga Insurance BrokerscoreStrategic or Co-development Partner · 11 July 2024Claremont Mississauga Insurance Brokers joined as Collectivfide's 13th broker partner. The 50-year-old brokerage serves Mississauga and GTA area with home, auto, and commercial insurance. Owner Frank Claremont sought a partner to protect his legacy and ensure continuity for employees and clients.
• Utter Morris Insurance BrokerscoreStrategic or Co-development Partner · 17 June 2024Utter Morris Insurance Brokers joined as the 12th broker partner. Operating since 1927, the Burlington-based brokerage provides home, auto, marine, life, cyber, commercial and aviation insurance. The partnership followed Thorpe family's succession planning needs while maintaining the brokerage's legacy.
• Les Bell Insurance BrokerscoreStrategic or Co-development Partner · 5 March 2024Les Bell Insurance Brokers joined as Collectivfide's 11th broker partner. Located in Bracebridge, Ontario, the brokerage provides home, auto, and commercial insurance. Owner Laura Bell sought flexibility in succession planning while ensuring clients would be well taken care of.
• R.E. Miner Insurance BrokerscoreStrategic or Co-development Partner · 1 September 2023R.E. Miner Insurance Brokers became Collectivfide's 10th acquisition. Serving Comber since 1970, the full-service brokerage provides home, auto, farm and commercial insurance. Principal Broker Jill Miner chose Collectivfide due to mutual model alignment and value alignment.
• Eric Walker / Baker Tilly WM LLPminorImplementation/ SI/ Consulting Partner · 26 June 2023Eric Walker, former founding partner of CW Partners LLP (now Baker Tilly WM LLP), joined Collectivfide as Head of M&A. With 30+ years consulting experience in broker acquisitions, valuations, succession planning, and corporate finance, he brings expertise in due diligence and M&A best practices.
• Delmar Sproul Insurance BrokerscoreStrategic or Co-development Partner · 1 December 2022Delmar Sproul Insurance Brokers joined as the 9th acquisition. Serving Goderich, Lucknow, South Bruce Peninsula since 1972 with home, auto, farm and commercial insurance. The Sproul family sought a partner aligned with mutual values and community focus.
• E. Bollenbach Insurance BrokerscoreStrategic or Co-development Partner · 20 October 2022E. Bollenbach Insurance Brokers joined as part of a dual acquisition. Operating in Kitchener Waterloo Region for over 45 years, the brokerage provides home, auto, and commercial insurance. Owner Paul Bollenbach sought continued operational autonomy with access to more markets.
• Moore Hemsworth Insurance GroupcoreStrategic or Co-development Partner · 20 October 2022Moore Hemsworth Insurance Group joined as part of a dual acquisition. With roots dating to 1886 and 1968, the Dublin and Listowel-based brokerage provides insurance throughout Perth and Wellington counties. Managing Partner Jon Hemsworth retains ownership stake for continued growth.
• Dorchester Insurance BrokerscoreStrategic or Co-development Partner · 1 December 2021Dorchester Insurance Brokers became Collectivfide's 6th acquisition. Second-generation family-owned since 1989, the brokerage serves Dorchester and surrounding Ontario areas with personalized insurance services.
• W.C. Burgess Insurance ServicescoreStrategic or Co-development Partner · 1 October 2021W.C. Burgess Insurance Services joined as the 5th acquisition. Founded 1988 in Brockville, the brokerage specializes in personal property, farm, auto and commercial insurance with philosophy of professional customer care.
• RK Mooney Insurance BrokerscoreStrategic or Co-development Partner · 1 May 2021RK Mooney Insurance Brokers became the 4th acquisition. Barrie-based multiline broker serving Simcoe County for over 30 years with personal, commercial, life and disability products.
• TG Group Inc.coreStrategic or Co-development Partner · 3 February 2021TG Group Inc. became Collectivfide's 3rd acquisition. Owen Sound-based commercial insurance specialist with 30+ years experience in marine, aviation, consulting/risk management and VIP personal lines for commercial clients.
• dbi Brokers Ltd.coreStrategic or Co-development Partner · 23 September 2020dbi Brokers Ltd. became Collectivfide's 2nd acquisition. Family-owned since 1931, serving Southwestern Ontario for nearly 90 years with offices in Simcoe, Paris, Ayr, and Goderich offering full personal and commercial P&C coverage.
• Doner-Horsley Insurance BrokerscoreStrategic or Co-development Partner · 1 June 2020Doner-Horsley Insurance Brokers was Collectivfide's first acquisition. Operating from Alliston since the early 1900s, serving South Simcoe area for over 100 years. The partnership marked Collectivfide's launch of its broker acquisition strategy.

Scale indicators5 records

Recent moves6 records

Expansion highlights6 records

Regional players

• McDougall Insurance Brokers: Ontario-based multi-branch insurance brokerage with a similar community-focused, branch-network model. Comparable as an Ontario peer with multi-line P&C offerings, though it operates independently rather than as a roll-up platform.
• Firstbrook Insurance Brokers: Ontario-based multi-branch insurance brokerage with operations in rural Ontario. Comparable to several Collectivfide partners in geography and customer base, though operating independently without a roll-up platform.

Broad incumbents

• Marsh McLennan: Global insurance brokerage and consulting firm with Canadian operations. Comparable in offering multi-line brokerage, risk advisory, and carrier access services, but operates as a broad incumbent rather than a community-focused roll-up.
• Arthur J. Gallagher & Co. Global insurance brokerage and risk management firm with significant Canadian operations. Comparable as a large-scale brokerage consolidator offering risk management, HR consulting, and carrier access - though at a vastly larger scale.
• HUB International: Large North American insurance brokerage roll-up backed by Hellman & Friedman. Operates an acquisition-led brokerage network model across the US and Canada, with substantially deeper capital and broader geographic reach than Collectivfide.

Emerging players

• BrokerTeam Insurance: Canadian insurance broker network offering centralized resources to member brokerages. Closely comparable in concept to Collectivfide's network model, though smaller in scale.
• CapriCMW Insurance Services: Canadian insurance brokerage operating across Western Canada with a network of acquired partner brokerages. Comparable as a growing Canadian broker roll-up, though with regional concentration in the West.
• Mitch Insurance: Canadian digital-first insurance brokerage. Comparable only in serving the Canadian brokerage market - distinct in delivery model (digital vs. community branches) and customer base, but represents the competitive technology edge that legacy consolidators must defend against.

Direct peers

• Westland Insurance Group: Canadian insurance brokerage roll-up backed by Gryphon Investors. Closely comparable business model - acquiring independent brokerages across Western and Eastern Canada while providing centralized support services.
• BrokerLink: One of Canada's largest insurance brokerage networks, owned by Intact Financial. Direct comparable to Collectivfide as a multi-branch Canadian brokerage consolidator, though it operates at significantly larger scale.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/collectivfide-insurance-group-inc
• Xx.com/Collectivfide
• Facebookfacebook.com/Collectivfide

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Subsidiaries15 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Collectivfide Insurance Group