Mooney Insurance and Rogers Insurance announce a Strategic Alliance

    CALGARY, April 26 /CNW/ - Bryan Pobihushchy, President of Mooney
Insurance Agency Ltd. based in Red Deer and Lee Rogers, President of Rogers
Insurance Ltd. based in Calgary are pleased to announce that their respective
firms have entered into a strategic alliance that will secure the perpetuation
of both firms and preserve their status as truly independent brokers.
    The strategic alliance involves a minority equity investment in Mooney by
Rogers Insurance and will allow both firms to better service existing clients
and to realize new business opportunities.
    Bryan Pobihushchy stated, " I believe this strategic alliance means a
great future for our staff, our clients and our insurers. Working with Rogers
will bring increased capabilities to Mooney and will mean that we will
continue to be an expanding presence in the Alberta market".
    "The fit between our two firms is just about perfect." Lee Rogers said.
"We both rate integrity very high in our cultures, have the same outlook on
sales, enjoy very good relations with our insurers and have compatible
computer systems and infrastructure.
    All of this is good news for our clients."
    Mooney Insurance celebrated its 25th anniversary in 2006 and is the
leading commercial brokerage in the Central Alberta market as well as offering
a full range of home and automobile products and services, including claims
    Rogers Insurance is celebrating its 30th anniversary in 2007 and was
named one of the Top 100 employers in Canada by MediaCorp for 2007.
    No changes in staff, insurance markets or management is contemplated as a
result of the strategic alliance.

For further information:

For further information: Bryan Pobihushchy - President or Clayton Dexter
- Vice-President at (403) 342-5074, Mooney Insurance Agency Ltd. 4910 - 45th
Street Red Deer, Alberta, T4N 1K6; Lee Rogers, President at (403) 296-2471 or
Bruce Rabik, C.O.O. at (403) 296-2484, Rogers Insurance Ltd., 600, 1000 Centre
St. N., Calgary, Alberta, T2E 7W6

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