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Publication 22 novembre 2023 (3)

Revau proudly announces the strategic acquisition of the Surety division of Echelon Insurance. This acquisition aligns with Revau's focus on expanding its existing Surety operations across Canada.

People are critical to any company's success. As such, we are excited to announce that Echelon's entire Surety Underwriting team has joined Revau as a part of this transaction. The primary contacts for our broker partners remain unchanged and the same experienced team will continue to assist our brokers with immediate and future Surety needs. The teams' shared values, goals, and focus on customer service make this a strong strategic fit for us.

''This transaction is an important step in Echelon's evolution as we look to focus our commercial portfolio on integrated commercial property and auto products. We are pleased to have found a new home for the Surety business that Echelon has built with a strong partner of ours, Revau,” said Robin Joshua, President of Echelon Insurance.

“While Surety will not be a part of Echelon's future, we've built a strong business backed by experienced people. Revau has recognized this and provided a foundation upon which this business and the people behind it can continue to grow.”

The transition process will be carefully managed by Rahim Tejani, Revau's CRO and newly appointed President of Revau Surety. His focus will be to ensure a seamless integration of operations and resources to help create a platform for growth. Customers can expect uninterrupted service and we thank you in advance for your continued support.

“This is an exciting step in our company's future. We are very pleased that the entire Underwriting team from Echelon's Surety division has joined Revau ensuring a smooth transition for our broker partners. We look forward to your continued support and thank you for your trust.” said Rahim Tejani, Revau's CRO and Revau Surety's president.

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