Paré Assurances et Services Financiers celebrated its 60th anniversary in 2015. Since 1955, the company has been helping clients make educated decisions about general insurance and financial services. Originally called Assurances Émilien Paré Inc., it was renamed Paré Assurances et Services Financiers to mark its 50th anniversary in 2005. That year, a third generation of the Paré family joined the team. Émilien Paré started the company from the basement of his home in 1955, and in 1975, his son and current president, Pierre Paré, started working for him. Today, after acquiring Assurance F. Gamache in 2014 and Assurance Groupe Brosseau in 2015, it is now ranked 36th among the 700 insurance brokerages in Quebec and boasts four locations, in Saint-Jean-sur-Richelieu, Iberville, Sainte-Catherine, and Marieville.
We specialize in damage insurance, namely automobile, home, business/commercial, and farm insurance, but also in financial services such as life insurance, income, disability, and collective insurance, group plans, RRSPs and investments, as well as mortgage lending. The array of expertise available at Paré Assurances allows us to best protect all of our clients’ assets.
Paré Assurances supports regional development wherever they have offices by encouraging employees to collaborate with local businesses, thus strengthening their client relationships.
Mr. Paré and his company are very involved with the community. In fact, for over ten years, Mr. Paré himself has presided over the Regroupement des Personnes Handicapées de la Région du Haut-Richelieu (RPHRHR) which has over 250 members. He contributed to several projects, including a 5-million-dollar investment project to build a respite centre, 20 homes for physically handicapped individuals, as well as a centre for disabled persons with limited autonomy. He was also the president of the Salon des vins for the Hôpital du Haut-Richelieu from 2008 to 2015 and remains a member of the committee to this day.
In March 2015, Paré Assurances et Services Financiers Inc. acquired Assurance Groupe Brosseau Inc., a damage insurance firm that had been active in the region for nearly 55 years.
This was the second acquisition within a year, after Assurance F. Gamache joined the team in 2014.
2015 would prove to be a pivotal year. A thorough analysis of both companies’ business processes, values and strategies was performed in order to establish best practices, such as taking major steps to protect the environment. These include transitioning to a paperless workplace, and reducing travel-related gas emissions by relying on technology to hold virtual department meetings and training sessions instead of commuting between offices.
In January 2016, an official merger led to the creation of “Paré Assurances et Services Financiers Inc.” which employs 51 people who are passionate about protecting their clients’ assets and supporting them in the event of a major loss.
In the face of such a significant undertaking, Paré Assurances needed to be open-minded, organised, and rigorous to make the transition as smooth and efficient as possible, without affecting the quality of customer service. By successfully improving our corporate structure and achieving organic sales growth, we can proudly say “Mission accomplished!”.
By implementing an efficient and stable operating structure, we are now in a position to make additional acquisitions should the opportunity arise.
To guide you with heart and conviction
to protect your assets