Equisure Financial Network Inc. today announced an agreement with the Autorité des marchés financiers that will conclude an enquiry, begun last March, into the business practices of the property and casualty insurance brokerages that Equisure represents in Quebec.

Under its agreement with the AMF, Equisure has agreed to pay $800,000 to strengthen its consumer disclosure practices regarding the ownership links of brokerages it represents and portfolio transfers, and to review its corporate structures.

Equisure Financial Network, of which ING Canada is a shareholder, is a holding company that represents property and casualty insurance brokerages
across Canada.