Lussier Dale Parizeau acquires Samson Consulting Group

Lussier Dale Parizeau, Quebec’s largest insurance broker, has acquired Samson Consulting Group. The Terrebonne, QC–based consultancy focuses on actuarial consulting services.

Founded in 1994, Samson delivers employee benefits advisory services to SMEs, federations, trade unions, and professional associations. The firm also provides insurance and group sales, corporate health advisory, and human resources and communications consulting.

Lussier Dale Parizeau’s acquisition of Samson follows its purchase of benefits consultancy Trinome Conseil in August 2018 and insurance agency Genius Financial Group last month.  

“This transaction reaffirms our commitment to innovate and consolidate our actuarial consulting services offer, and thus become a major player in group insurance by uniting two companies that share the same values of excellence, rigour, professionalism, and integrity," said André Lussier, president of Lussier Dale Parizeau.

The transaction expands the Montreal-based broker to more than 800 employees, with 29 branches across Quebec. The company has more than 160,000 clients, and 620 million premiums across life and health and general insurance. The firm delivers group insurance, pension plans, HR, occupational health and safety, and pay equity solutions to a wide range of clients in Quebec.

Samson’s entire team of actuaries, lawyers, financial planners, brokers, and specialized advisors, along with founder and president Jean Samson, will join the growing team at Lussier.

"Our mission is to foster an understanding of employee benefit plan issues through excellence in consulting services, quality expertise, and effective communication,” Samson said. “By joining forces with Lussier Dale Parizeau, we are building an infrastructure that will meet a growing need among our clients to offer them improved services, especially in occupational health and safety, compensation and pay equity, and commercial insurance.”

Related: Gallagher acquires benefits and compensation specialist Accompass