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McDougall Insurance acquires Annex Insurance Group

Mar 16, 2026

Acquiring Company

McDougall Insurance Brokers Limited

Acquired Company

Annex Insurance Group

OntarioHamiltonFinancial ServicesArtificial IntelligenceEmployee BenefitsInsuranceInsurance

Description

McDougall Insurance Brokers has acquired Annex Insurance Group through its subsidiary Duliban Insurance Brokers. This acquisition expands McDougall's commercial presence in the Niagara and Hamilton regions. It marks Duliban's first transaction since joining McDougall in June 2025. Annex brings a diverse portfolio of personal and commercial insurance solutions.

Quick answer

McDougall Insurance Brokers Limited is acquiring Annex Insurance Group, announced March 16, 2026. McDougall Insurance Brokers Limited is based in Ontario, Canada.

How much did McDougall Insurance Brokers Limited pay for Annex Insurance Group?
The deal value was not disclosed.
What does McDougall Insurance Brokers Limited do?
McDougall Insurance Brokers Limited is a leading insurance brokerage in Canada, focusing on providing comprehensive insurance solutions.
Where are McDougall Insurance Brokers Limited and Annex Insurance Group based?
McDougall Insurance Brokers Limited is based in Ontario, Canada. Annex Insurance Group is based in Hamilton, Ontario, Canada.
Who are the decision-makers at McDougall Insurance Brokers Limited?
Fundz holds 1 contact at McDougall Insurance Brokers Limited. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Other recent acquisitions in Financial Services and Employee Benefits

Deals where the buyer or target shares a sector with this one, within 45 days, from Fundz verified event records.

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Company Information

Company

McDougall Insurance Brokers Limited

Location

Ontario, Canada

About

McDougall Insurance Brokers Limited is a leading insurance brokerage in Canada, focusing on providing comprehensive insurance solutions. They serve personal, commercial, and financial services clients with a commitment to exceptional service. The company is part of Definity Financial Corporation, which aims to enhance client experiences through strategic acquisitions.

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Frequently asked

Who acquired Annex Insurance Group?

Annex Insurance Group was acquired by McDougall Insurance Brokers Limited, based in Ontario. The deal was reported on March 16, 2026. McDougall Insurance Brokers Limited is a leading insurance brokerage in Canada, focusing on providing comprehensive insurance solutions. McDougall Insurance Brokers Limited is privately held and operates in Financial Services.

When did McDougall Insurance Brokers Limited acquire Annex Insurance Group?

McDougall Insurance Brokers Limited's acquisition of Annex Insurance Group was reported on March 16, 2026. McDougall Insurance Brokers has acquired Annex Insurance Group through its subsidiary Duliban Insurance Brokers. This acquisition expands McDougall's commercial presence in the Niagara and Hamilton regions. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Annex Insurance Group do?

Annex Insurance Group is an independent brokerage specializing in both personal and commercial insurance. They provide a diverse range of coverage options, including home, auto, and various commercial classes. It is privately held, operating in Insurance, and is based in Hamilton.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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