Ontario brokerage Orr acquires group of six area firms

Stratford, Ont.-based brokerage Orr Insurance & Investment has signed a deal to bring the six brokerages under Huron Insurance Managers Group under the Orr name in a transaction finalized Friday.

Orr, a fourth-generation independent brokerage, has operated since 1895 and is currently owned and operated by brokers Jeff and Rick Orr.

HIMG’s six brokerages include Elliott Nixon Insurance Brokers in Blyth, Kleinknecht Insurance Broker in Linwood, Lyons & Mulhern Insurance Brokers in Goderich, Seaforth Insurance Broker in Seaforth, and Sholdice Insurance Brokers in Brussels and Chatham.

“We were looking for an opportunity to grow Orr’s market presence, focusing on the area we live in and support, particularly to the north and west of  around Stratford,” Rick Orr, the brokerage’s president, commented in the announcement.

“We are excited to be able to perpetuate the independent broker distribution system. Each office will remain open demonstrating our commitment to communities and local service.”