Next generation

Doug Bishop is working on the next generation of Bouchard Insurance.

The 66-year-old company was built on a solid foundation, so Bishop's role is to continue the vision and “maximize the ride,” he says. But that ride hasn't always been easy.

The insurance business typically follows the economy, so in 2009 and 2010, Bishop's first year as chief executive officer, Bouchard was feeling the pinch. But Bishop made it his mission to not have any layoffs. “We were careful of financial decisions, not knowing what the next month would bring in terms of revenue,” he says.