ABEX’s Parent Company Divests its Retail Commercial Business

We are pleased to advise that ABEX Affiliated Brokers Exchange Inc.’s parent company, The Precept Group Inc., has divested its retail commercial business under the brand name Precept Insurance & Risk Management Inc. This decision will not affect ABEX’s ownership or operations, and ABEX will continue to solely focus on the wholesale business on a stronger footing.

Precept Insurance and Risk Management Inc. has decided to join ALIGNED Insurance. ALIGNED is an industry leading brokerage that was uniquely built to create, negotiate and deliver the best business insurance and risk management strategies/solutions to organizations.

We would like to thank our clients and business partners for their support and look forward to continuing to work with them in the future.

Please feel free to contact us with any questions.

Sincerely,

Jim McGregor
CEO
The Precept Group Inc.
375 Hagey Blvd., Suite 302 Waterloo, ON N2L 6R5
Telephone: 519-747-5210
Email: jmcgregor@preceptgroup.net
LinkedIn: https://ca.linkedin.com/pub/jim-mcgregor/14/897/aa7
www.preceptgroup.net