McDougall Insurance and Financial has successfully merged with the Midland, Ontario-based Mink Insurance Services.
The merger is effective immediately.
Mink Insurance is a broker with 15 employees. The merger between McDougall and Mink results in an independent broker with 32 offices in Eastern Ontario, the Ottawa Valley and Central Ontario, with 340 employees and more than $265 million in property casualty premium.
A release said that all Mink employees will remain with the organization. Its branch office location will also continue to operate. Additionally, all members of the Mink Insurance Services management team, including current owner Dave Mink, will continue with the organization.
“Mink Insurance Services is an excellent fit with the McDougall organization which is split with both commercial and personal lines as well as financial services,” commented McDougall Insurance & Financial CEO Ross L. McDougall. “The merger will greatly enhance our reach in Central Ontario as it adds a new location where we have not previously been active.”
“As an independent broker we are committed to continuing our growth pattern and offering great service and great products for our customers,” McDougall added.
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