The Road Ahead Is Paved With Past Success
Excel Insurance Group, formerly Phoenix Insurance Group, is family of well-respected independent insurance brokerages that have come together as one. While we are a full service brokerage licensed across Canada except in Quebec, we are expanding with physical locations via joining independent partners across the country. This growth mirrors the way our original company grew.
The Phoenix Group of Insurance Companies was unique in terms of its structure and operations. The Group consisted of a company called Phoenix Group Management Corporate at its centre, surrounded by several full service Associate Offices in certain regions of Alberta. Phoenix Group Management Corporation (Corporate HQ) existed to provide business support to the Associate Offices, allowing these offices to focus on insurance brokerage activities more fully. Corporate provided Associate Offices with access to contracts with insurers, a state of the art computer system and broker management software, trust account management and monthly accounting services, as well as human resource advice and support. Corporate also provided Associate Offices access to preferred relationships with required legal, IT and accounting professionals, as well as telecommunications providers, office supply companies, advertising, printing companies, and more.
It is important to note that each Associate Office is and always has been independently owned. With the the exception of three Associate Offices that were owned by the same individuals that also owned Corporate, no investment or ownership interest was held in any o the other Associate offices by Corporate. These offices were all owned, operated and managed by their local proprietors. Accordingly, the relationship of each Associate Office with Corporate was then, as it is now with Excel Insurance Group, by way of exclusive contract.
Following the 2011 sale of Phoenix Group Corporate, Excel Insurance Group formed to take up where Phoenix Insurance Group ended. Excel Insurance maintains the same ownership structure and way of doing business. With a new brand, dedicated focus, an articulated direction, Excel Insurance has moved beyond a Western Canadian focus and is now driving a national presence forward.