Insurance firms about to merge

Press Release

In a joint release issued yesterday (April 26), David Baxter of Thunder Bay Insurance and Duane Cridland, of Gillons’ Insurance in Fort Frances, announced the two firms are in the final phases of a merger that will create the largest independently-owned insurance brokerage in Northwestern Ontario.
“We are thrilled with the opportunity to provide our clients with an expanded line of insurance options that the joining of the companies will provide,” said Baxter.
“The merger also provides a strong increase in our expertise to service commercial markets and positions the new company well to handle the region’s economic expansion in the ‘Ring of Fire,’ construction and bonding, First Nations, mining, power generation, and medical research fields,” he noted.
“The staff and I are looking forward to many years of continuous service to our clients,” added Baxter.
“We are proud to have Thunder Bay Insurance as the leader in home, auto, and commercial insurance in Thunder Bay, a strong supporter of our community, and a great place to work.”
“We are honoured to be given the privilege to join with Thunder Bay Insurance,” said Cridland.
“The merger builds capacity for the northwest, [and] provides our clients with better insurance options, better coverage, and lower rates.”
Cridland said the new company brings together specialization in insuring assets of particular interest to this region, from ATVs, UTVs, snowmachines, and all types of watercraft, including bass boats, pontoon boats, and houseboats, to improved bonding and insurance for construction, First Nations communities, and aircraft and airlines.
“Together, we will have nine offices employing more than 100 northerners in Fort Frances, Thunder Bay North, Dryden, Atikokan, Emo, Rainy River, Red Lake, Sioux Lookout, and Thunder Bay South,” noted Cridland.
“Our two companies have known each for many years, and to join forces made perfect sense to improve service to our clients and provide a stronger platform to service the growing needs of economic development in the north,” he remarked.
“The merger will result in growth and increased employment opportunities,” Cridland added.