The Ontario Broker - April 2018 - 19

STAEBLER'S BEEN AROUND SINCE 1873. WE
TAKE A LOT OF PRIDE IN THAT LEGACY.
YOU CAN'T HAVE A HISTORY OF OVER
145 YEARS WITHOUT IT FORMING
A BIG PART OF WHAT DEFINES
YOU. BUT IT'S IMPORTANT WE
EMBRACE CHANGE, ADAPT
AND GROW RIGHT
ALONGSIDE THE
COMMUNITY WE'RE
PART OF.

B

ased out of Kitchener, Staebler Insurance
employs over 50 staff and 45 licensed brokers, of
which 80% are female and 40% are Millennial.
"We used to have a 30% split between
Millennials, Gen X and Baby Boomers, but recently we've
grown our Millennial generation and brought on our first
Gen Z."
The Staeblers were the original family to found the
brokerage, but over the course of a few sales, the business
ended up in the hands of Lorne Philpott. Lorne's son
Stephen succeeded him as President in 1995, followed
by Stephen's wife Kim in 2007. Joanna, who currently
manages Business Development, and her brother Russ,
Operations Manager, will be the third generation of the
second family to own Staebler Insurance. The transition
will be complete at the end of the year.
"As children, we saw our parents pour their energy into
the business. They were both involved so the brokerage
almost always played a large part in our home life. Since
joining the business ourselves, it's grown to take up an
even larger part of our lives. Our succession plan was
built to span a five-year period. We constantly review it
to ensure we're on track and make adjustments as we go.
"We started by building a vision - how the brokerage
would be structured and how it would operate once the
third generation was in place. We worked backward from
that future state, building a plan to determine all the
moving parts and involved parties, where they were at
the time, where they needed to be and the steps involved
in getting there. We're now in the fifth year. While it's
demanding and at times all consuming, it's a labour of
love. But we're feeling confident and prepared. And we
certainly appreciate the treasured family business we're
receiving."
Succession plans can entail a complete reorganization
of staff, or a small number of transitions to successfully
fulfill the restructure - movement within Staebler has
taken place mainly at the management and ownership
level.

WWW.IBAO.ORG

19

APRIL 2018


http://WWW.IBAO.ORG

Table of Contents for the Digital Edition of The Ontario Broker - April 2018

In this issue
The Ontario Broker - April 2018 - Cover1
The Ontario Broker - April 2018 - Cover2
The Ontario Broker - April 2018 - 3
The Ontario Broker - April 2018 - 4
The Ontario Broker - April 2018 - In this issue
The Ontario Broker - April 2018 - 6
The Ontario Broker - April 2018 - 7
The Ontario Broker - April 2018 - 8
The Ontario Broker - April 2018 - 9
The Ontario Broker - April 2018 - 10
The Ontario Broker - April 2018 - 11
The Ontario Broker - April 2018 - 12
The Ontario Broker - April 2018 - 13
The Ontario Broker - April 2018 - 14
The Ontario Broker - April 2018 - 15
The Ontario Broker - April 2018 - 16
The Ontario Broker - April 2018 - 17
The Ontario Broker - April 2018 - 18
The Ontario Broker - April 2018 - 19
The Ontario Broker - April 2018 - 20
The Ontario Broker - April 2018 - 21
The Ontario Broker - April 2018 - 22
The Ontario Broker - April 2018 - 23
The Ontario Broker - April 2018 - 24
The Ontario Broker - April 2018 - 25
The Ontario Broker - April 2018 - 26
The Ontario Broker - April 2018 - 27
The Ontario Broker - April 2018 - 28
The Ontario Broker - April 2018 - 29
The Ontario Broker - April 2018 - 30
The Ontario Broker - April 2018 - 31
The Ontario Broker - April 2018 - 32
The Ontario Broker - April 2018 - 33
The Ontario Broker - April 2018 - 34
The Ontario Broker - April 2018 - 35
The Ontario Broker - April 2018 - 36
The Ontario Broker - April 2018 - 37
The Ontario Broker - April 2018 - 38
The Ontario Broker - April 2018 - 39
The Ontario Broker - April 2018 - 40
The Ontario Broker - April 2018 - 41
The Ontario Broker - April 2018 - 42
The Ontario Broker - April 2018 - 43
The Ontario Broker - April 2018 - 44
The Ontario Broker - April 2018 - 45
The Ontario Broker - April 2018 - 46
The Ontario Broker - April 2018 - Cover3
The Ontario Broker - April 2018 - Cover4
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