SPG Canada acquires AVRO to expand aviation insurance underwriting
Deal expands delegated underwriting capacity for niche Canadian risks
By Josh Recamara
SPG Canada has completed the acquisition of AVRO Insurance Managers Ltd., a specialized aviation insurance provider, effective Jan. 1, 2026.
The transaction is part of SPG Canada’s strategy to expand its national delegated underwriting platform and diversify its specialty insurance offerings.
The acquisition integrates AVRO’s aviation-focused underwriting and claims operations into SPG Canada’s portfolio, providing brokers and clients with broader access to delegated authority solutions for Canadian aviation risks. Aviation insurance is a niche market that requires specialized technical underwriting, knowledge of regulatory frameworks, and expertise in managing complex claims. AVRO has developed a reputation for innovative coverage solutions tailored to aircraft owners, operators, and related businesses.
SPG Canada said the transaction follows its consolidation of five legacy brands under a unified platform, which was intended to streamline operations, enhance national reach, and improve service for brokers.
Read more : SPG Canada acquires AVRO to expand aviation insurance underwriting
