TORONTO, Nov. 13, 2015 /CNW/ - Echelon Financial Holdings Inc. ("Echelon Insurance" or the "Company") (TSX: EFH) today announced that Serge Lavoie has resigned as a Director of the Company and has been appointed President of its Canadian subsidiary.
Mr. Lavoie has extensive executive experience in the Canadian property and casualty insurance industry and will be responsible for profitably growing the Company's Canadian operations. The effective date of the appointment is December 1, 2015.
"I'm pleased to welcome Serge to our management team. He's very familiar with our organization and well known in the broker community across the country", said Steve Dobronyi, Chief Executive Officer.
Mr. Lavoie commented, "I'm very excited to be returning to the insurance industry and working with Steve and the Echelon team to enhance the company's position in the Canadian market, offering a strong, independent Canadian alternative for insurance brokers."
About Echelon Insurance
Founded in 1998, EFH operates in the property and casualty insurance industry in Canada and Europe, primarily focused on providing non-standard automobile insurance and other niche and specialty insurance solutions. The Company operates and distributes insurance products through Echelon Insurance, The Insurance Company of Prince Edward Island and Qudos Insurance. It trades on the Toronto Stock Exchange under the symbol EFH. For more information, visit echeloninsurance.ca.
SOURCE Echelon Financial Holdings Inc.
For further information: Kathy Shulman, Manager, Investor Relations, 905-214-7880, [email protected], echeloninsurance.ca