The Dryden Observer

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BUSINESS: Regional insurance brokers merge

Chris Marchand

Chris Marchand served as editor of the Dryden Observer from August 2009 to April 2018.

By Dryden Observer Staff

Myron Romaniuk of Gillions’ Insurance Brokers Ltd. and Tracy McDonald of Lake of the Woods Insurance are pleased to announce that an agreement has been signed to merge the two Northern Ontario insurance brokers.

Romaniuk will act as President and CEO of the amalgamated company.

“This merger will increase our strong, specialized Northern customer service throughout the region,” said Romaniuk. “With the merger, we will not have representation in 11 communities throughout the Northwest.”

No staffing changes will take place as part of the merger.

Lake of the Woods Insurance has had a strong working relationship with Gillons’ for years and in time will take their name.

“We are very pleased to join the strength and scale of Gillons’,” said McDonald. “This allows us to enhance the service level currently provided and offer even greater services for our customer base. I also look forward to all the great opportunities and benefits we’ll be able to offer to all employees without our combined organization.”

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