Serge Lavoie, CEO and Director, acquired 222,000 Common Shares on a direct ownership basis at prices ranging from $1.349 to $1.350 on October 1st, 2020. The insider also acquired 222,000 Common Shares on a control or direction basis for registered holder Marie-Claude Cantin at prices ranging from $1.349 to $1.350 on the same day. This represents a $599,348 investment into the company's shares and an account share holdings change of greater than 100%.
In addition, Robert Ghiz, a Subsidiary Executive, acquired 148,100 Common Shares on a direct ownership basis at a price of $1.350 on September 29th, 2020. This represents a $199,935 investment into the company's shares and an account share holdings change of greater than 100%. Finally, Harvinder Singh Sahi, a Subsidiary Executive, acquired 18,500 Common Shares on a direct ownership basis at a price of $1.350 on September 29th, 2020. This represents a $24,975 investment into the company's shares and an account share holdings change of greater than 100%.
Echelon Financial Hldgs. is in the Property & Casualty Insurance Sub Industry Group under the Financials Sector.
Echelon Financial Holdings Inc. is a Canada-based company engaged in property and casualty insurance business. The Company operates through two segments: Personal Lines and Commercial Lines businesses. Through its Personal Lines segment, the Company is engaged primarily in the underwriting of non-standard automobile insurance and insurance for motorcycles, antique and classic vehicles, trailers, motor-homes, recreational vehicles and personal property. Through its Commercial Lines, the Company designs and underwrites specialized insurance programs, such as commercial property, commercial automobile, long-haul trucking, surety, liability, creditor insurance, and extended warranty. The Company's subsidiaries include CIM Reinsurance Company Ltd. (CIM Re), CUISA Managing General Agency Corporation (CUISA MGA) and The Insurance Company of Prince Edward Island (ICPEI).
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