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Lussier Dale Parizeau puts the hand on Génius Financial Group

by

Alain Thériault

17 June 2019 13:30

André Lussier | Photo : Réjean Meloche

Largest law firm in damage insurance in Québec, Lussier Dale Parizeau just put the hand on the activities of Génius Financial Group, which he will combine with his.

This grouping implies André Lussier, president, Lussier Dale Parizeau, and the four partners of Génius : Jean-Pierre Gauvreau, Serge Gravel, Éric Émond and Emilie Gauvreau.

In grouping the activities of this firm of insurance to the people of the Saguenay-Lac-Saint-Jean, Lussier Dale Parizeau is now a premium volume of 475 million dollars ($M), both in insurance of persons, damage insurance.

Presence accentuated in Saguenay

After the transaction, the purchaser has more than 800 employees, including 500 brokers, loss adjusters, actuaries and lawyers. He also has 29 branch offices, serving more than 160,000 customers. The region of Saguenay-Lac-Saint-Jean total of 130 employees and eight branches.

“This consolidation will allow us to consolidate our presence in the region of Saguenay-Lac-Saint-Jean and to become a major player in the insurance of people in this area as we are already in damage insurance “, says Mr Lussier.

Mr. Gauvreau qualifies for its share of the transaction opportunity to bring added value to existing customers. “This combination will enhance the experience of our customers through a wide offering of products and services, and access to a network of insurers expanded and an increased negotiation power in a competitive market. Our entire team is happy to join Lussier Dale Parizeau ” he says.

All employees remain

Génius specializes in insurance plan and group annuities, financial planning, savings and individual life insurance primarily in the region of Saguenay-Lac-Saint-Jean.

Lussier Dale Parizeau has indicated that all employees of Génius will continue their mission of serving their customers within the same Lussier Dale Parizeau.

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