Belleville, ON (Feb. 1, 2024) – McDougall Insurance Brokers Ltd. (“McDougall Insurance”) announced today that they have combined with MHK Insurance Inc. (“MHK”) effective immediately and are pleased to welcome all members of the MHK team in both Edmonton and Calgary to the McDougall Insurance team.
“With nearly 80 full-time employees and a history going back 110 years, MHK is a perfect fit to strengthen our Alberta presence and join with our eight Drayden Insurance offices,” said Ross McDougall, CEO of McDougall Insurance. “We continue to grow in Alberta and now have approximately 200 employees in the province, and we feel very fortunate to have been given the opportunity to partner with such a well-respected, customer-oriented, and community-minded brokerage.”
The executive team of Jeff Homynyk, President and CEO, Jill Repchuk, COO and Jana Lumsden, CFO, along with other members of their leadership, will continue to guide MHK Insurance going forward.
“In order to even consider such a deal, there were many factors that were important to me and to our team,” says Homynyk. “Our alignment in terms of values, culture, way of doing business, relationships with our staff, our clients, our insurers, and our community, and continued operational independence led to my decision that McDougall Insurance was the right choice in every way that mattered.”
McDougall Insurance remains committed to continuing its growth initiatives and offering great service and products to all its customers across Canada. “The synergies we’ll no doubt realize in the years to come are truly exciting for all of us,” confirms Homynyk.
About McDougall Insurance
McDougall Insurance has been successfully operating for 70 years. As the largest brokerage in Eastern Ontario, we represent over 50 insurance companies, giving us the ability to offer you optimal selection and competitive rates. Our online service provides reliable 24/7 connection with the same dedication and genuine care we consistently provide in-house. When you choose McDougall Insurance, you get quality service for life. We’re real people working for you, since 1946. For more information, visit www.mcdougallinsurance.com.
SOURCE: McDougall Insurance Brokers Limited
Tags: Acquisition, growth, McDougall
