Merger creates Dale-Parizeau Morris MacKenzie Inc.

December 31, 2006 | Last updated on October 1, 2024
1 min read

Dale-Parizeau LM and Morris & Mackenzie Inc. have announ- ced their intention to become Dale-Parizeau Morris Mackenzie Inc.

The merged entity would become Quebec’s largest independent and privately owned insurance broker.

The company is expected to write more than Cdn$200 million of premium, with 400 staff operating out of five offices throughout Quebec, and one service office in Ontario.

Maurice Sauve, president and CEO of Morris & Mackenzie, said the merged entity “will be well positioned to grow in an increasingly competitive marketplace providing a comprehensive product range including life and health, personal and commercial lines and risk management services.”

Dale-Parizeau specializes in providing comprehensive insurance programs to large corporations, groups and professional associations.

Morris & Mackenzie has national group insurance programs, combined with risk management services and mid-market commercial lines.

Morris & Mackenzie’s Toronto and Vancouver offices have been sold to Hunter Keilty Muntz & Beatty (HKMB) as part of the merger.