Our History

Baird MacGregor Insurance Agency Inc. was formed by Jack Baird and Harry MacGregor on April 1, 1979. It operated as a joint venture with the Kopas Wray and Cameron Insurance Agency Limited, prior to the formation of Wray Baird MacGregor Insurance Brokers Limited on April 1, 1981. In 1988 the company became Baird MacGregor Insurance Brokers Inc. With the expansion of its life portfolio, Baird MacGregor Life Insurance Agency was formed in 1989. It was during this year that operations relocated to Empire House, a 20,000 sq.ft. vintage mill building just a few minutes east of the downtown core.

Philomena Comerford joined Baird MacGregor in 1980 and was appointed President in 1990. She became a shareholder and accepted the position of CEO and President on March 31, 2000. Federated Agencies Limited, one of the Co-operators’ group of companies also became an investment partner at that time. This was a vote of confidence in Baird MacGregor’s prospects for dynamic growth within the Insurance Brokerage community. To offer value added premium financing solutions to brokerage clients, Baird MacGregor Premium Finance Inc. was established in 2001.

In March of 2004 Jack, Harry and Philomena purchased back Federated Agencies interests and successfully continued as operating partners until Jack and Harry both retired in April 2007. At the same time, Philomena entered into an investment partnership with Newport Partners Income Fund, an asset management company that partner’s with successful entrepreneurs. The company was reconstituted as Baird MacGregor Insurance Brokers LP. In July 2011, Philomena bought out Newport’s interest in Baird MacGregor; giving her 100% ownership.

Today, Baird MacGregor Insurance Brokers LP remains an independently owned Toronto-based insurance firm, operating as a retail broker, writing all classes of commercial and personal insurance, including risk management solutions worldwide and has full underwriting authority with major insurers.

Philomena began her insurance career in 1974. She is a past Chairman of the Board of Governors for the Insurance Institute of Canada and is an active advocate for the transportation industry. Philomena is also 100% owner, President & CEO of sister company Hargraft Insurance Brokers LP www.hargraft.com.



 

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