ST. JOHN'S, Sept. 17, 2018 /CNW/ - Cal LeGrow Insurance and Financial Group is expanding further in to the technology and innovation space with the acquisition of specialty brokerage Optimized Insurance, a local St. John's firm. Optimized Insurance was founded by Craig Rowe, who achieved success by bringing his knowledge and experience to this unique business sector.
The client roster will further strengthen Cal LeGrow's successful position within the technology and innovation sectors. The acquisition will also see Craig Rowe joining the Cal LeGrow team as a Risk Management Advisor, bringing his specialized expertise to Cal LeGrow's client base.
"Optimized was founded to be entrepreneurial and innovative in the way we looked at insurance and risk management for our clients. We have been fortunate to have been able to work with some of the most innovative and exciting companies in the province," said Craig Rowe. He added, "We joined Cal LeGrow because they are an organization that continues to reinvent themselves, they share our passion for innovation, and bring considerable depth of expertise and resources to our clients."
"We're delighted to have Craig join our team on an advisory level," said Jeff LeGrow, Chairman and CEO, Cal LeGrow Insurance and Financial Group. "Craig's deep experience and understanding of both risk management as well as the technology sector will be a very powerful benefit for our clients."
The addition of Optimized's clients will bring a cluster of start-up and scaled-up technology and innovation clients and position Cal LeGrow as the brokerage of choice for like-minded businesses. "The future of Atlantic Canada rests with entrepreneurs who are willing to take risks and ignite ideas. We want to be the go-to brokerage for those firms, and provide the services and support to enable their growth and success," added LeGrow.
About Cal LeGrow Insurance & Financial Group
Cal LeGrow Insurance and Financial Group is one of Atlantic Canada's largest independent commercial insurance and financial solutions brokerages. In 2016, Cal LeGrow became a member of the Canadian Broker Network (CBN) as the Atlantic Canadian representative. CBN is a consortium of leading independent insurance brokerages representing more than $1 Billion in property casualty premiums as well as employee benefits and life and financial services.
Together, CBN has over 50 offices across Canada and 1500 employees.
SOURCE Cal LeGrow Insurance & Financial Group
For further information: For Media Inquires: Kevin Casey, Senior Vice President, Cal LeGrow Insurance & Financial Group, [email protected], (709) 746-0909