McDougall Insurance and Financial has merged its operations with Patterson Hadden Brown Insurance.
Patterson Hadden Brown Insurance is a broker based in Kemptville, Eastern Ontario, with 10 employees. As part of the merger deal, all Patterson Hadden Brown employees will remain with the organization, and their branch office location will continue its operations.
According to McDougall Insurance CEO Ross McDougall, the merger with Patterson Hadden Brown Insurance forms an independent broker with 39 offices across Eastern Ontario, the Ottawa Valley, and Central Ontario. McDougall Insurance will also have 430 employees and more than $425 million in P&C premium following the merger deal.
“Patterson Hadden Brown Insurance is an excellent fit with the McDougall organization which is split with both commercial and personal lines,” Ross McDougall said in a statement, adding that the merger will “greatly enhance” McDougall Insurance’s reach in the Ottawa Region since it complements the company’s existing offices in Carleton Place, Perth, Embrun, and Winchester.
“As an independent broker we are committed to continuing our growth pattern and offering great service and great products for our customers,” the chief executive added.
McDougall Insurance kicked off 2020 with a couple of back-to-back acquisitions, first with the merger with Provenance Insurance Services in early January, then the merger with Asselin Insurance Brokers just two days after.
