Fergus Community

Fergus, Ontario History

The earliest historical reference for the Fergus Office of Ostic Insurance Brokers is an operating contract from Economical Mutual Insurance company issued in 1880 to A.C. Hamilton. The origins of this family owned business stayed true through to 1934 when J. Milligan became involved.

Family roots once again took hold when Ivan Ostic purchased Northmore Insurance, Youngblood Insurance, McNiven Insurance and eventually bought out Milligan Insurance the next year. Ivan’s sons entered the business in 1979 and 1981. Brokerage acquisitions through the 1980’s included the purchase of Hawkins Insurance, Guelph Insurance, and the Gilchrist Agency business. A merger with Waind Insurance brokers took place in 1995 – another long time family and community based business.

The company continued on its family owned journey as Tom Waind became vice-president of Ostic Insurance Brokers in 2001 and Jamie Ostic assumed the presidency the same year. Both Tom and Jamie continue to lead the strategic business focus of the organization today.