{"id":20743,"date":"2023-09-21T18:15:35","date_gmt":"2023-09-21T18:15:35","guid":{"rendered":"https:\/\/www.insurance-canada.ca\/?p=78346"},"modified":"2023-09-21T18:15:35","modified_gmt":"2023-09-21T18:15:35","slug":"fort-insurance-and-gaudreau-assurances-join-forces","status":"publish","type":"post","link":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/2023\/09\/21\/fort-insurance-and-gaudreau-assurances-join-forces\/","title":{"rendered":"FORT Insurance and Gaudreau Assurances Join Forces"},"content":{"rendered":"<h3>Le Fonds de solidarit\u00e9 FTQ invests to support the next generation of this well-established industry player<\/h3>\n<p>Montreal, QC (Sept. 15, 2023) \u2014 FORT and Gaudreau are pleased to announce their merger, establishing themselves as one of the largest independent brokerage firms in Quebec.<\/p>\n<p>The new entity, which will operate under the name of Fort Insurance &amp; Group Benefits, combines a premium volume of $200 million. It solidifies its position as an independent leader in the industry with a vision for nationwide growth and service excellence. This strategic alliance, now led by CEO Vincent Gaudreau, places FORT in the top 10 damage insurance firms in Quebec.<\/p>\n<p>Stephan Bernatchez, who will assume the role of Chairman of the Board, expresses confidence in entrusting his team to a leader like Gaudreau: \u201cThis union naturally came together, guided by our two human-oriented DNA,\u201d stated the former IBAC President. \u201cVincent will successfully carry forward our nearly century-old enterprise, enhancing the client experience while maintaining our independence.\u201d<\/p>\n<p>The merged company now counts 220 employees, including 17 employee shareholders, spread across 3 offices: Westmount, St-Michel, and Quebec City. Bringing the two brokerages together not only magnifies the team\u2019s expertise but also enables the provision of unparalleled customer service on a larger scale:<\/p>\n<ul type=\"disc\">\n<li>More choices and better prices due to a broader range of insurers<\/li>\n<li>Greater expertise, including an in-house claims service, a group benefits department, and wider range of specialized products<\/li>\n<li>A larger team to provide excellent customer service<\/li>\n<\/ul>\n<p>In order to contribute to its expansion, FORT partners with the Fonds de solidarit\u00e9 FTQ, making it the only damage insurance broker to establish such a partnership with the largest development capital network in Quebec.<\/p>\n<p>Saloua Benkhouya, Vice-President of Private Equity and Impact Investments \u2013 Services at the Fonds de solidarit\u00e9 FTQ, is pleased with the new merger: \u201cThe Fonds de solidarit\u00e9 FTQ has long supported the development of Quebec\u2019s financial services and insurance industries. We are therefore proud to add a major Quebec property and insurance brokerage to our portfolio, FORT Insurance &amp; Group Benefits, and to support the preservation of Quebec share ownership by participating in a succession project.\u201d<\/p>\n<p>Gaudreau, a former RCCAQ President, takes pride in realizing his commitment to becoming an industry cornerstone: \u201cI am confident that the combined expertise of our two companies will benefit our clients and our internal team. With a stronger voice, we are propelling ourselves to new heights.\u201d This merger not only confirms its position as a pivotal player in the Quebec insurance landscape, but also sets the stage for an exciting chapter of development and value creation on a national scale.<\/p>\n<h4 class=\"smallhead\"><b>About FORT Insurance &amp; Group Benefits<\/b><\/h4>\n<p>Since 1927, FORT has been guiding business leaders and executives in protecting their families, employees, and assets through tailor-made insurance and employee benefits solution, both in Canada and abroad. For more information, visit <a href=\"https:\/\/www.fort-groupe.com\/\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">fort-groupe.com<\/a>.<\/p>\n<h4 class=\"smallhead\"><b>About Gaudreau Assurances<\/b><\/h4>\n<p>Gaudreau Assurances is an independent brokerage firm established in 1999. Its team of passionate is dedicated to providing the best insurance solutions for both individuals and businesses. Proud Member of the Canadian Broker Network. For more information, visit <a href=\"https:\/\/www.gaudreauassurances.com\/\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">gaudreauassurances.com<\/a>.<\/p>\n<h4 class=\"smallhead\"><b>About the Fonds de solidarit\u00e9 FTQ<\/b><\/h4>\n<p>A source of pride for Quebecers, the Fonds de solidarit\u00e9 FTQ fulfills its mission thanks to a unique business model created 40 years ago. Since its inception, the Fonds has rallied Quebecers, collecting and channeling the retirement savings of its 765,721 shareholders-savers into investments that help drive the Qu\u00e9bec economy.<\/p>\n<p>With net assets of $18.4 billion as at May 31, 2023, the Fonds supports more than 3,700 companies through venture and development capital investments underpinned by the conviction that impact is created as much by financial as social returns. For more information, visit <a href=\"https:\/\/www.fondsftq.com\/en\/\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">fondsftq.com<\/a>.<\/p>\n<p class=\"referencetext\"><i>Source: FORT Assurances &amp; Avantages sociaux<\/i><\/p>\n<p> Tags: <a href=\"https:\/\/www.insurance-canada.ca\/tag\/merger\/\" rel=\"tag\">merger<\/a>, <a href=\"https:\/\/www.insurance-canada.ca\/tag\/quebec\/\" rel=\"tag\">Qu\u00e9bec<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Le Fonds de solidarit\u00e9 FTQ invests to support the next generation of this well-established industry player Montreal, QC (Sept. 15, 2023) \u2014 FORT and Gaudreau are pleased to announce their merger, establishing themselves as&#46;&#46;&#46;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[],"tags":[1],"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts\/20743"}],"collection":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/comments?post=20743"}],"version-history":[{"count":0,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts\/20743\/revisions"}],"wp:attachment":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/media?parent=20743"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/categories?post=20743"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/tags?post=20743"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}