Synex Business Performance announces strategic partnership with BMB Assurances
12 February 2025
Synex Business Performance (“Synex” or “the group”) is proud to announce a new strategic partnership with BMB Assurances, a firm specializing in personal and commercial general insurance.
BMB Assurances is a recognized as an important player in the Montérégie region, with its main location based in Salaberry-de-Valleyfield, Province of Quebec. This acquisition represents a key step for Synex, which thus strengthens its presence in Canada by integrating a 21st partner firm into its network.
An acquisition driving growth and confidence
“This acquisition is a strong signal to the brokerage industry and demonstrates our desire to be even more present in the province of Quebec. It reflects our commitment to supporting independent firms and offering them tools for sustainable growth. BMB Assurances shares our vision of a stronger, more autonomous brokerage, and we are proud to welcome them to the Synex family. This is just the beginning: we will continue to build a solid network and seize new opportunities for expansion in the months to come,” said Yan Charbonneau, Chairman of the Board and Chief Vision Officer of Synex Business Performance.
About BMB Assurances
Founded in 1930, BMB Assurances has over 85 years of insurance expertise. Thanks to the strength of its team and its commitment to excellence, the firm has become an essential reference in the region.
About Synex
Synex Business Performance is a Canadian consolidator based in Quebec City, with a total premium volume of $1 billion under the Synex Insurance and Synex Group Solutions brands. Majority owned and managed by four Quebec partners, Synex today reunites 21 brokerage firms specializing in general insurance for businesses and individuals, benefit insurance and financial services. Its mission is to preserve the independence of the Canadian brokerage industry, and to give entrepreneurs greater control over their future by offering leading-edge expertise and customized services to partner firms. Synex is also an executive member of the Canadian Broker Network and the American Intersure network.