ABEX Affiliated Brokers Exchange Inc., is an insurance wholesaler (MGA) providing niche products and insurance solutions to brokers across Canada. ABEX provides brokers with capacity and specialty facilities to create out of the box solutions for standard and misunderstood risks.
ABEX was established in 1998. We are located in Waterloo, Ontario.
If you are having difficulty placing a risk, contact us. We are always happy to “Look at Your Risk Differently”.
For more information, please contact us.
ABEX a Finalist for the MGA of the Year Award
A big thank you to our brokers for nominating ABEX for the Insurance Business Canada’s MGA of the Year award for 2016. Being among the finalists is a great recognition by the Canadian insurance industry and we are truly honoured! We didn’t win the prize this year, but we will continue working hard to earn the opportunity to be considered again next year.
As a finalists for the MGA of the Year we are recognized as an MGA that offers superb service to brokers and is consistently proactive in educating brokers on products, while maintaining in-depth knowledge of financial markets and the competitive landscape of all product offerings.
ABEX Voted a 5 Star MGA for Two Years in a Row
Insurance Business Canada released its annual issue on five-star MGAs and ABEX is very excited that we were recognized. We would like to thank our brokers for voting us a 5 Star MGA for 2016. ABEX is excited to be repeating our five-star MGA status from 2015.
The results of the broker survey reveal the best managing general agents whose performance, service and dedication to the industry make them stand out above the rest. The article polled brokers across the country on various areas that are important to them when working with MGAs. ABEX did extremely well, earning 5 star recognition in 5 categories. Click here to read a full report.
ABEX is committed to acting as an outstanding corporate citizen and giving back to the communities in which we do business. Through our dedication to social and humanitarian causes, we improve our communities while earning the respect of our customers and employees.
ABEX has been a long-time supporter of various charities and continues to stay active in supporting efforts related to helping those in need in our community and beyond.
Some of the charities and initiatives we have supported:
- Habitat for Humanity of the Waterloo Region
- Bridges to Community Canada
- Kitchener-Conestoga Rotary Club Turkey Drive
- Family and Children Services of Waterloo Region
- David Foster Foundation for Children with Transplants
- Sunlight Music Festival
- Lutherwood Child and Family Foundation
- Canada’s National Sledge Hockey Team
- Adopt a Road
- Guelph Hospital Foundations
- Guelph-Wellington Women in Crisis
- Big Bike for Heart & Stroke
“As a broker working with ABEX for the greater part of 10 years I have always found their product and service to exceed expectations. ABEX is a great alternative market and has always worked with me to find the best product and fit for the client, even when the request is out of the ordinary. All underwriters I have dealt with are personable, responsive and knowledgeable. ABEX is my go-to market for the “mis-understood” risks offering above average coverage for equal pricing.”
Robyn Chalmers, Specialty Lines Producer
Thomson Jemmett Vogelzang, a division of Johnson Inc.
“I just wanted to convey my thoughts and appreciation on ABEX and the quality of service that we have been receiving over the last number of years here at Masters Insurance.
First, the suite of products available to our agency allows us to place a variety of business with ABEX with very little limitations from the personal lines standpoint as well as from a commercial lines point of view. Premiums are very competitive and coverage are above what the rest of the market offers in most instances.
Secondly, the service we receive from ABEX is on par if not above any of our personal lines or commercial lines companies.
In fact, as far as I am concerned, the service from ABEX staff is top notch receiving quotes usually same day if not by next day.
Binding is also made easy by placing business quickly and efficiently with ABEX ensuring that coverage is in place to protect our valued customers when required.
Lastly, it’s always a pleasure dealing with our usual underwriters by having a fun relationship with everyone we deal with in spite of the pressures of getting business in place usually with very tight deadlines.
We appreciate all the service from all the ABEX staff and the care and attention that we here at Masters Insurance receive. Thank you!”
Joe Tucci, Personal Lines Manager
Masters Insurance Limited
“Dealing with ABEX insurance has been a pleasure since I started placing business with the over the past 3+ years. In this business you don’t always get underwriters to take a look and listen to the big picture, which I always get from the ABEX underwriters. An abundance of options for my clients that deliver the products my clients need and with fair rates always! Abex is always reachable! Abex always takes the time to listen, and when there’s a time crunch for a client, they Always do their best to work with their brokers in providing the utmost in service and timely deadlines. It’s a true pleasure dealing with ABEX and their attentive underwriters!”
Ed Hunt, RIB(On)
Edward Powell Insurance Brokers Ltd.
“Over the past year, ABEX has become a “Go To” market with hard to place or specialty risk. From my personal dealings over the past year, I have come to understand that ABEX has a different way of looking at specific risks that other markets will not write, or provide competitive pricing and coverage’s for. ABEX’s creative underwriting solutions have been a great tool, which has helped me personally be successful in writing new business on many occasions.
The Underwriting team at ABEX is in my opinion exceptional. Their ability to provide competitive solutions to specific risks is definitely a huge asset. Over the past year the underwriting team at ABEX has built a solid relationship with myself and has increased my confidence in the products and programs provided.
In the current market conditions, ABEX has become a market that I have recommended on many occasions to my colleagues not only for competitive pricing but for industry leading coverage’s and creative underwriting solutions.
ABEX is a market I will continue to promote, write business with and continue to build a solid relationship with in the future. I am excited about future products and programs that ABEX will no doubt offer.”
Chris Dunlap, CAIB, Personal Lines Broker
AA Munro Insurance
“We have developed a very good relationship with ABEX. They are always very responsive to our requests. On one file the underwriter stayed after hours to assist us to bind a number of risks that were closing that day. This extra effort was appreciated as we were able to accommodate a large commercial client.
We find the underwriters at ABEX are friendly and easy to work with. Their website is very informative. Their Blog addresses current insurance topics.
We enjoy working with ABEX – they are definitely our ‘go to’ MGA.”
Paisley Manor Insurance Group
“ABEX is an enabling MGA that truly partners with its brokers to provide competitive solutions in a timely manner. Their underwriting team is responsive, professional and uses good judgement to find a winning outcome for our clientele.”
Matt Miller – FCIP, Account Executive
ABEX is seeking qualified candidates to support the expansion of our business. If you would like to explore your next career move with a rising leader in the industry, please send us an email with your résumé and other supporting documents. We will review your information promptly and contact you if a suitable position is available.
There are many compelling reasons to work at ABEX, including:
- Culture of Empowerment
- Growth Opportunities and Continuing Education
- Flexible and Accommodating
- Profit Sharing—RRSPs
- Bonus Plan
- Local—close to your home