Orr Insurance & Investment and Huron Insurance Managers Group have signed a deal that sees seven brokerages uniting under the Orr name.
The new agreement, announced Friday, makes Orr Insurance a leading brokerage in the region.
Orr is a fourth-generation independent brokerage based in Stratford since 1895 owned and operated by brothers Jeff and Rick Orr. HIMG is a cluster of six brokerage businesses: Elliott Nixon Insurance Brokers in Blyth, Kleinknecht Insurance Broker in Linwood, Lyons & Mulhern Insurance Brokers in Goderich, Seaforth Insurance Broker in Seaforth, and Sholdice Insurance Brokers in Brussels and Chatham.
“We were looking for an opportunity to grow Orr’s market presence, focusing on the area we live in and support around Stratford,” says Rick Orr. "Joining Orr and HIMG takes us from being a successful local brokerage to a leader in the province. This expansion increases our collective leverage with insurance and investment providers, which will in turn benefit the clients we serve.”
“We saw that HIMG and Orr would be a good fit because of similarities in size, product ranges and emphasis on personal service," adds Jeff Orr. "We’re especially pleased that the HIMG principals and their staff are staying on as we continue to grow the company together. We’ll have the same great people with even more to offer our customers and their families.”