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Demers Insurance was founded in 1978 when D.L “Min” Demers purchased Ouimet Insurance Services in Bonnyville. Barney Ouimet had run his agency since 1967 and sold It when he decided to retire. 

Min Demers was 50 years old when he decided to change careers and enter the insurance business. He had spent his life in the Oil business, transportation business and Real Estate. He grew the business from a small one man operation to a 3 person office. Min was active in the community coaching and Officiating hockey. He was also active in the Knights of Columbus. On the professional side, he was a member of the IBAA board of directors for many years. 


In 1986, his son, Guy, decided to give insurance a try and started working for his Dad. After 3 years as an office boy, clerk, account representative and finally, office manager, Guy Decided to buy his Father out as Min was ready to start enjoying life as a retiree.


Guy purchased the business on June 1st, 1989 and endured the economic slowdown of the early nineties. Guy was very active with the Bonnyville & District Chamber of Commerce having served as both a director as well as Chamber President for many years. Guy also served on the Bonnyville Exhibition Association executive as well as many other town events. He was a hockey referee and as well been refereeing high school and minor football since 1986. Guy was also an avid water skier and served as President of Water Ski Alberta. 


Demers Insurance has changed locations many times in the past 30 years. Started in a small office just off Main Street, moved to “the Mall’ in 1980 and stayed there until 2003. As they out grew the office in the Mall, they converted an older 1.5 storey house, into an office which lasted for 11 years until they out grew the house. In 2014, they purchased their current location at 5206-50 Ave. They now enjoy a very modern office with lots of parking to best serve their clients. 

30 years to the day that Guy Demers bought out his Father, Demers Insurance was sold to Navacord and became a Division of Lloyd Sadd Insurance Brokers. This move was made to better serve the area by being able to provide more products and services as well as more expertise. We now offer local touch, national strength.

Guy Demers stayed on with the Company as a Managing Shareholder. Guy is still President and CEO of Demers Insurance Ltd and the office now operates as Lloyd Sadd-Demers Insurance.