Kentville-based Macdonald Chisholm, one of Nova Scotia’s leading insurance brokers, announced today that it has acquired L.G. Trask Insurance Ltd. of Yarmouth, creating one of the largest insurance brokerages in the Atlantic provinces.

Financial terms of the transaction were not disclosed.

“The acquisition of L.G. Trask Insurance will allow our insurance brokerage to expand our reach and become the largest distributor of home, auto and commercial insurance in the province,” says Mike Brien, president and CEO of Macdonald Chisholm.

“By combining the two organizations, we will be in a position to expand the scope of our advisory services within Nova Scotia,” Brien adds.

The combined brokerage will also become one of the largest in Eastern Canada with 20 offices serving in excess of 50,000 customers. Altogether, approximately 150 people will be employed by the brokerage including L.G. Trask’s current personnel, who will be retained within the brokerage.

Macdonald Chisholm is a member of the Equisure Network, a network of insurance brokerages associated with ING Insurance.