The Co-operators Announces Retirement of Chief Financial Officer

The Co-operators today announced the retirement of Executive Vice President, Finance and Chief Financial Officer (CFO), Bruce West, effective June 1, 2018.

West joined The Co-operators in 2007 as CFO, and over the past 11 years has made significant contributions including the implementation of the organization’s innovative approach to sustainable investing through which he further developed an impact investing strategy. With a reputation for challenging the conventional and raising the standard, he has a penchant for asking the difficult questions, and built a team with that same commitment and vision.

“Under Bruce’s guidance, we recognized substantial increases in the sophistication and efficiency in areas such as enterprise risk, portfolio and capital management, as well as staff development and succession planning,” says Rob Wesseling, president and CEO, The Co-operators. “I’m confident we’ll continue to reap the benefits of his leadership for years to come. We thank Bruce for the impactful and enduring contributions he has made to our industry, our organization and its people.”

West distinguished himself as an exemplary leader and mentor, innovator and catalyst for sustainable reporting. During his tenure he championed fresh thinking through his leadership and oversight of the financial management, strategic planning, and corporate development functions for The Co-operators.

In December 2017, his professional achievements were recognized when he was awarded the prestigious Fellow designation by the Chartered Professional Accountants (CPA) of Ontario. He is also a founding member of the Canadian chapter of Accounting 4 Sustainability’s CFO Leadership Network, a member of the Financial Executives International Canada (FEI Canada), sits on the Dean’s Advisory Council at the School of Business and Economics at Wilfrid Laurier University, and is an Honouree of the School of Accounting and Finance at the University of Waterloo.

About The Co-operators:
The Co-operators Group Limited is a Canadian co-operative with more than $48 billion in assets under administration. Through its group of companies it offers home, auto, life, group, travel, commercial and farm insurance, as well as investment products.  The Co-operators is well known for its community involvement and its commitment to sustainability. The Co-operators is listed among the Best Employers in Canada by Aon Hewitt and Corporate Knights’ Best 50 Corporate Citizens in Canada. For more information, visit www.cooperators.ca.

SOURCE The Co-operators

Hub International Acquires The Shares Of Saskatchewan-Based Kindersley Insurance Ltd.

 Hub International Limited (Hub), a leading global insurance brokerage, announced today that it has acquired the shares of Kindersley Insurance Ltd. Terms of the acquisition were not disclosed.

Headquartered in Kindersley, Saskatchewan with an office in Dodsland, Kindersley Insurance Ltd. is a full-service, independent personal and commercial insurance brokerage that specializes in insurance solutions for the agriculture, oil field and trucking industries.

Principals Mark Stockford and Barry Andrew will join Hub Manitoba and report to Doug Trapp, Vice President of Hub’s Saskatchewan Region.

About Hub’s M&A Activities
Hub International Limited is committed to growing organically and through acquisitions to expand its geographic footprint and strengthen industry and product expertise. For more information on the Hub M&A experience, visit WeAreHub.com.

About Hub International
Headquartered in Chicago, Illinois, Hub International Limited is a leading global insurance brokerage that provides property and casualty, life and health, employee benefits, investment and risk management products and services from offices located throughout North America.  For more information, please visit hubinternational.com.

CONTACT:
Media: Marni Gordon
Phone: 312-279-4601
Marni.gordon@hubinternational.com
M&A: Clark Wormer
Phone: 312.279.4848
Clark.wormer@hubinternational.com

 

SOURCE Hub International Limited

‘It’s a very unusual level of cheating,’ says Insurance Council of B.C.

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SSQ Insurance takes another step toward health and wellness with its new telemedicine service

Press Release:

In line with its ongoing mission to provide innovative products and services, SSQ Insurance is pleased to announce that it is partnering with the Dialogue virtual platform to provide its employees and insured members with instant access to health professional services. Founded more than 70 years ago on the principle of making access to healthcare easier, SSQ Insurance remains true to its origins by launching the Dialogue platform.

The telemedicine platform allows users same-day access to a health professional via a secure videoconference. The services offered through this virtual healthcare technology include secure video consultations with general practitioners, live chats with nurses, prescriptions and renewals, as well as referrals to specialists.

SSQ Insurance has a long-standing commitment to the health of its customers, both in prevention and treatment, particularly through its Health InSight program. The introduction of the Dialogue platform to its group insurance offering also emphasizes the importance of modernizing employee benefits to meet the needs of today’s workplace. Convinced of its value, SSQ Insurance has decided to provide access to this innovative technology to all of its employees.

“Since March 2017, we have been working closely with Dialogue on how best to integrate their solution into a group insurance context. We have confirmed the relevance of this platform to employers and are convinced of the benefits for them as well as for all of their employees,” said Louis Régimbal, Vice-President of Strategy and Innovation at SSQ Insurance.

“The potential of group insurance as our distribution platform mechanism is undeniable. Our special relationship with SSQ Insurance has allowed us to strengthen our positioning in Canada, and we are happy to work with them to help improve the well-being of their customers,” added Cherif Habib, co-founder and CEO of Dialogue.

In actual fact, SSQ Insurance already refers some of its group insurance customers to Dialogue, offering them great pricing, and is now paving the way for full integration with the Dialogue platform to be incorporated into its group insurance offering across Canada in the coming months. Eligible employers will be able to offer their employees a better work-life balance, while helping to reduce absenteeism.

ABOUT DIALOGUE
Dialogue is a virtual platform offering integrated health care services for employers to keep their employees happy, healthy, and performing at their highest potential. A full range of health professionals (nurses, physicians and allied health practitioners) is available at the click of a button to help employees optimize their work-life balance. To learn more, visit dialogue.co.

ABOUT SSQ INSURANCE
Founded in 1944, SSQ Insurance is a mutualist company that puts community at the heart of insurance. With assets under management of $11 billion, SSQ Insurance is one of the largest companies in the industry. Working for a community of over three million customers, SSQ Insurance employs 2,000 people. Leader in group insurance, the company also sets itself apart through its expertise in individual life and health insurance, general insurance and the investment sector. For more information, go to ssq.ca/telemedicine

SOURCE SSQ Insurance

iA Financial Group adds travel insurance to its individual insurance offer

In collaboration with established partner, TuGo

QUEBEC CITY, Jan. 17, 2018 /CNW Telbec/ – iA Financial Group is proud to partner with TuGo, one of the largest providers of travel insurance in the country, to offer travel insurance and provide its clients with TuGo’s recognized quality customer service and expertise. TuGo has more than 50 years of experience assisting travellers across the globe.

Distinguishing features of this insurance:

  • Simplified eligibility criteria
  • Reliable emergency assistance anywhere in the world, 24/7
  • Multilingual customer service
  • myTuGo online client portal

“Travel insurance meets the needs of most people who are concerned with being properly protected when they travel, states Pierre Vincent, Senior Vice-President, Individual Insurance and Sales at iA Financial Group. We are proud to extend our product offer through our partnership with TuGo, a company that is recognized for the quality of the service it provides.”

iA Financial Group’s new travel insurance product is exclusively digital and can be obtained from an advisor or directly at ia.ca. There are no medical eligibility questions for travellers under 60; travellers 60 or older are only required to answer five simple questions.

About iA Financial Group
Founded in 1892, iA Financial Group is one of the largest insurance and wealth management companies in Canada. It also operates in the United States. iA Financial Group stock is listed on the Toronto Stock Exchange under the ticker symbol IAG.

iA Financial Group is a business name and trademark of Industrial Alliance Insurance and Financial Services Inc.

SOURCE Industrial Alliance Insurance and Financial Services Inc.

The Co-operators introduces flexible individual health and dental plans

Co-operators Life Insurance Company has introduced a new way for Canadians to plan for the escalating costs related to health and dental care in their retirement. With ContinYou GOLDEN, retiring group benefits plan members and their families can easily transition to an individual plan that covers health, dental and emergency travel medical costs.

The flexible and affordable plans allow retiring plan members to choose the coverage most appropriate for them and their families. Retiring plan members who are covered by group benefits plans are eligible to apply for guaranteed lifelong individual health coverage with The Co-operators within 60 days of their group coverage ending.

“As Canadians age, they are faced with increasing healthcare costs. Items such as prescription drugs, medical equipment, in-home nursing care, dental treatment as well as emergency travel medical costs can be challenging to manage on a fixed income,” explained Conor Quinn, vice-president, group benefits at Co-operators Life Insurance Company. “That’s why we introduced a flexible solution that allows retirees to easily transition to an individual plan. ContinYou GOLDEN takes the worry out of planning for these costs after you retire.”

All plans include coverage for prescription drugs, accidental dental treatment, emergency travel medical treatment, in-home nursing care, medical items and prosthetic equipment, paramedical services and hospital accommodation. Enhanced plans include coverage for vision care, dental services and options to increase emergency travel medical coverage.

About The Co-operators:
The Co-operators Group Limited is a Canadian co-operative with more than $48 billion in assets under administration. Through its group of companies it offers home, auto, life, group, travel, commercial and farm insurance, as well as investment products.

The Co-operators is well known for its community involvement and its commitment to sustainability. The Co-operators is listed among the Best Employers in Canada by Aon Hewitt and Corporate Knights’ Best 50 Corporate Citizens in Canada. For more information, visit www.cooperators.ca.

SOURCE The Co-operators

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