McDougall Insurance and Financial (McDougall) has merged with Burr Insurance, an insurance broker operating in Belleville, Ontario.
The merger of McDougall and Burr forms an independent broker with 40 offices in Eastern Ontario, the Ottawa Valley, and Central Ontario, with 450 employees and more than $450 million in P&C premium.
McDougall Insurance explained that following the transaction, all Burr Insurance employees will remain with the organization, and their branch office will be merged into the McDougall Insurance office in Belleville.
“We are very proud to have the opportunity to continue to provide great service to Burr Insurance clients. Burr Insurance has provided insurance advice to customers in Belleville and the Quinte region for 93 years,” said McDougal Insurance CEO Ross McDougall in a statement.
Ross McDougall added that, following the merger, Burr Insurance president Jim Burr will remain with the newly merged organization to continue to service the team’s current customers. McDougall also said that his firm is “committed to continuing [its] growth pattern,” while offering great service and products.
Last year, McDougall Insurance entered into another merger agreement with Patterson Hadden Brown Insurance in Kemptville, Eastern Ontario.