Axis Insurance Acquires O’Neill Group, Expanding Its Employee Group Benefits & Wealth Advisory Practice

VANCOUVER, British Columbia--(BUSINESS WIRE)--Axis Insurance Managers Inc. (“Axis Insurance”) announced today that it has acquired the O’Neill Group, one of British Columbia’s premier employee group benefits, life insurance, and wealth advisory firms.

O’Neill Group is a full-service benefits, life, and wealth advisory firm established in 1985, with twelve staff operating out of its Vancouver office. Through the partnership, O’Neill Group will operate as a practice group within Axis Insurance’s esteemed umbrella.

“The strategic alliance with Axis expands our capabilities and extends our reach, enhancing the services we can provide to our clients. Having worked alongside Axis for over ten years, we are confident in a shared vision and dedication to excellence, deeply rooted in our aligned values and company culture, and are excited to continue to provide personalized, top-tier service to our clients and plan members,” said Thomas O’Neill, President of O’Neill Group.

Axis Insurance is an award-winning brokerage serving local, national, and international clients with risk management and insurance services. Their professionals analyze business and personal risk to provide advice and solutions to mitigate, reduce, or transfer those risks. With roots dating back to 1928, and over 350 employees, Axis Insurance has emerged as a leading national brokerage, and one of the fastest growing brokerages in the country. Axis is a full-service brokerage firm specializing in commercial, life, employee benefits, and wealth advisory services.

“Expanding in the benefits and wealth advisory business with the acquisition of the O’Neill Group represents an exciting new step for Axis,” said Alex Meier, Chief Executive Officer of Axis Insurance. “Healthy and high-performing employees are vital to the success of businesses today, and the leading-edge employee and executive benefits plans from O’Neill Group help our commercial clients stay competitive by attracting and retaining top industry talent. The addition of O’Neill Group continues to build upon our existing benefits practice, and positions Axis Insurance well on its journey to become a leading national specialty brokerage.”