McDougall Insurance Brokers Limited announced today the acquisition of Cassidy & Young Insurance Brokers Inc.
Located in Stouffville, Ontario, Cassidy & Young has built a strong reputation in the community by delivering province-wide group insurance and complementary personal and commercial
lines offerings. This acquisition further strengthens McDougall’s group insurance capabilities and expands its retail presence into the Whitchurch-Stouffville area.
“Cassidy & Young is known for its client-first approach and conscientious way of doing business,” said Lorne McDougall, VP of McDougall Insurance. “Their expertise in group insurance combined with their excellent team and customer focus in a key growth region for McDougall makes this a highly complementary addition to our organization.”
“This is an exciting step forward for our clients and our team,” said Kyle Cassidy, Managing Partner of Cassidy & Young Insurance. “We have always felt a great deal of responsibility to our clients through our business’ journey, and plugging into McDougall’s scale and support is a way to ensure they receive the very best from Cassidy & Young.”
McDougall and Cassidy & Young are pleased to share that Managing Partner Kyle Cassidy will remain with the organization post-transaction, while Cassidy & Young’s other Managing Partner Rick Young will be transitioning into a well-deserved retirement.
“I always wanted to finish my career knowing what I built would endure,” admits Young. “I am proud of what we’ve accomplished with our deal with McDougall, as I know it safeguards our clients and our staff, enabling new opportunities for both. In my time Cassidy & Young has been synonymous with care – and I know that this transaction will lock that in for the coming decades.”
McDougall is committed to supporting Cassidy & Young Insurance in maintaining the high standards of professionalism and personalized service that Cassidy & Young clients have come to expect.
