Drayden Insurance Ltd., a division of McDougall Insurance Brokers Ltd., announced the acquisition of the life & group benefits business of St. Albert Financial Corporation on Monday.
The acquisition represents a step forward in Drayden’s strategy to enhance its service offerings and expand its financial services capabilities in the Alberta and British Columbia markets.
Catherine Cake, President of Drayden Insurance, stated the company has a long and rich working history with St. Albert Financial Corporation, and it is looking forward to working with their many familiar clients.
“The core fundamentals of Financial Services are very similar to those of property & casualty insurance – both require excellent service, local touch and emphasis on doing what is right for the client,” Cake stated.
“We know that between our expertise and the Financial Services acumen of our parent company McDougall, we will be able to deliver the same quality of service our Property & Casualty customers experience today.”
Vice-President of McDougall Insurance Loren McDougall says this acquisition comes with efficiency in mind.
“We are excited to welcome a complimentary business that will augment our operations in Alberta and British Columbia,” stated McDougall.
“Drayden Insurance is committed to maintaining the high standards of professionalism and customer service that St. Albert Financial Corporation’s clients have come to expect. The integration process will be focused to ensure a smooth and positive experience for all stakeholders.”
More on McDougall Insurance can be seen on its website.
