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Management Buyout at GROUPASSUR

October 31, 2013   by GroupAssur

The Solution

After leading GROUPASSUR for the last 7 years, president and owner Pierre Lambert will pass the torch to three key employees.

With the sale scheduled to close on December 31, 2013 the new executives and owners will be Jean-Francois Raymond, President., Micheline Morency, Vice President of Operations and underwriting. and Marie-Philippe Lambert, Vice President of Business Development.

In the photo from left to right: Marie-Philippe Lambert, Vice President of Business Development, Jean-Francois Raymond, President, Micheline Morency, vice President of Operations and Underwriting.

Pierre Lambert:«years after creating GROUPASSUR I today have an opportunity to give it a second breath, and who better than its employees to maintain the company’s true nature.  Insurer’s consolidation is favourable to wholesalers, I have no doubt that GROUPASSUR will still have its place in the market for another 20 years.»

Jean-Francois Raymond:«an industry changing constantly 20 years of history for a wholesaler is quite impressive, which is why we will remain true to the direction taken in the last few years.  Our objective is simple, be The Solution to brokers.»

Created in 1993, GROUPASSUR services the insurance industry across Canada with employee representation in Quebec, Ontario and Alberta.

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