McDougall Insurance Brokers Limited, through it’s subsidiary Duliban Insurance Brokers Ltd, is happy to
announce that it has acquired the Stoney Creek based brokerage Annex Insurance Group Inc. Annex
Insurance is a well-respected brokerage known for its strong client relationships and commercial
expertise which will immediately bolster Duliban’s commercial offerings in the Niagara and Hamilton
regions. This strategic transaction is the first involving Duliban since joining McDougall in June of 2025.
“The Duliban team is thrilled to be joining forces with Annex Insurance” said Jason Duliban, President of
Duliban. “This deal reflects our long term growth strategy and strengthens our ability to enhance our
commercial expertise while maintain the relationship driven approach both firms tremendously value”
“Duliban and Annex Insurance are each leaders in their geographies, and having the skill of Annex
Insurance supported by the scale and efficiency of Duliban and the McDougall group will unquestionably
be positive for the clients and staff on both sides of the deal,” said Lorne McDougall, VP of McDougall
Insurance. “We believe our community-first, family model aligns excellently with and reflects the values
of the Niagara and Hamilton regions, and we couldn’t be happier with the fit between and opportunities
presented by the combination of Duliban and Annex Insurance.”
We are pleased that Annex’s Managing Director, Joe DelGuzzo, will remain actively involved with the
organization post-transaction. “I went into this process thinking of my clients and staff first,” said
DelGuzzo. “I’m very excited to apply the scale and resources of Duliban and McDougall to assist and
further the interests of my clients and staff. With this deal I am very confident that the best days of
Annex Insurance lay ahead of us.”
Duliban and McDougall are committed to supporting Annex Insurance in maintaining the high standards
of professionalism and customer service that Annex’s clients have come to expect.
