Chubb Appoints Ana Robic to Chief Operating Officer, North America Personal Risk Services

Chubb has appointed Ana Robic to Chief Operating Officer, North America Personal Risk Services. In her new role, she will be responsible for strategies and activities relating to profitable growth for Chubb’s high-net-worth personal insurance division, including sales and distribution, underwriting and product strategies, underwriting centers, and risk consulting.

Ms. Robic has more than 17 years of insurance experience in commercial underwriting and management, and during the course of her career has served in a number of positions of increasing responsibilities in Canada, most recently serving as EVP, Canadian Region Manager, Commercial Insurance. She will be based in Whitehouse Station and will report to Fran O’Brien, Senior Vice President, Chubb Group, Division President, North America Personal Risk Services.

“Ana is a highly strategic leader and has deep expertise in underwriting, product distribution, service, technology and staffing that will enable us to provide innovative products and services to our high-net-worth customers, as well as support our agent and broker partners. I look forward to working with Ana in her new role,” said Ms. O’Brien.

Ms. Robic succeeds C. Scott Gunter, who, as previously announced, will serve as Senior Vice President, Chubb Group, Division President, North America Commercial Insurance.

Ms. Robic has an Honours Bachelor of Arts degree from Queen’s University (Ontario, Canada) and has executive management certificates from the University of Toronto’s Rotman School of Management and Smith College.

About Chubb
Chubb is the world’s largest publicly traded property and casualty insurance company. With operations in 54 countries, Chubb provides commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance and life insurance to a diverse group of clients. As an underwriting company, we assess, assume and manage risk with insight and discipline. We service and pay our claims fairly and promptly. The company is also defined by its extensive product and service offerings, broad distribution capabilities, exceptional financial strength and local operations globally. Parent company Chubb Limited is listed on the New York Stock Exchange (NYSE: CB) and is a component of the S&P 500 index. Chubb maintains executive offices in Zurich, New York, London and other locations, and employs approximately 31,000 people worldwide. Additional information can be found at www.chubb.com.

Chubb Insurance Company of Canada has offices in Toronto, Calgary, Montreal and Vancouver and provides its products and services through licensed insurance brokers across Canada. For additional information, visit: chubb.com/ca.

SOURCE Chubb

Do you have your General Insurance Level 1 License, but not using it?

Do you have your General Insurance Level 1 License, but not using it?

So you have got your license, now what?

Do you have your General Insurance Level 1 License, but not using it? Do you know of someone looking for an excellent long-term career in the insurance industry? We have a unique fast-track 7-week personal lines insurance training opportunity starting April 17, 2017. We are looking for candidates from Victoria and the Lower Mainland area of BC, Kelowna and Kamloops. Hosted by Intact Insurance, you will receive technical, product and sales training for a successful career as a Personal Insurance Broker.

If you are a self-starter who is willing to give 100% to this fantastic program or know of someone who may be interested in applying to be a participant, please forward your cover letter and resume, along with two references, to:

dwalmsley@dlionline.ca

Only those candidates selected for an interview will be contacted.

Note: This program is only available for people not working in the insurance industry. If you are currently working for a general insurance broker, this opportunity is not an option for you at this time.

Testimonials from previous program participants:

“I believe it was a great start for me learning general insurance having no knowledge of the industry at all. The job shadowing with the underwriters helped me build a great relationship with them that whenever I give them a call and have questions and concerns it’s always pleasant and solutions are always given.” Ceazar Simon

“The ILS course was broken down in the best possible way. Very supportive staff that are dedicated to helping you achieve success. The live instruction is absolutely engaging and the instructors make it very easy to focus and learn what could otherwise be a dry subject. I have come out a great broker with a great career path ahead of me. I would recommend this course to absolutely anybody looking to get into the insurance sales industry. ” Joe Tobin

Why would I want to become a Personal Lines Insurance Broker?
Many people think working in the insurance industry is a boring 9 – 5 desk job that involves working alone in isolation under piles of paperwork.

This is not the case!

While many insurance industry roles do have an element of independence, an insurance career often calls for frequent client interaction, teamwork, networking and the opportunity for community involvement. These activities not only provide variety, they also provide a well-rounded set of skills and experience that can help you find a role or set of responsibilities that matches how you like to work. If you’re seeking a career that offers you the chance to succeed professionally while contributing something positive and necessary, becoming a personal lines insurance broker could be just the career opportunity you’ve been waiting for.

Edited by ILSTV.

BC’S TOP EMPLOYERS 2017

Do you have a climbing wall at your office?

The list of BC’s top employers has just been released, with companies like Microsoft Vancouver, the University of British Columbia, and Telus Corporation making the cut. The 12th annual list was organized by the editors of Canada’s Top 100 Employers.

According to the organzation, BC’s top employers “have made fitness and healthier lifestyle integral to their workplace.”

“Besides empowering employees to create whatever they want in terms of exercise, onsite yoga, or a biking or run club, the company provides its climbing enthusiasts with an indoor bouldering cave where they can get together over lunch to set up routes and problem-solve them,” says the release.

If your office doesn’t have an indoor climbing wall yet, you’re clearly missing out.

Source: Daily Hive

Echelon Insurance completes sale of its European Operations

Echelon Financial Holdings Inc., “Echelon” or “the Company” (TSX: EFH), announced today that it has completed the sale of its European operations. The closing is effective March 7, 2017.

As previously announced, on August 4, 2016 Echelon entered into a definitive stock purchase agreement to sell its European insurance subsidiary, subject to regulatory approval. On February 28, 2017, regulatory approval was received from the Danish Financial Services Authority, which completed the necessary approvals required for the sale. The Company will retain no residual insurance risk from the sale. At current exchange rates, the Company will receive approximately $5.1 million on closing and an additional $17.2 million prior to December 31, 2017.

“I would like to recognize and thank the employees and management in Europe for their effort and commitment over the last five years,” commented Serge Lavoie, Chief Executive Officer of Echelon. “They have built a solid base and launching pad for the new Danish-based shareholder to invest strategically in the business.”

About Echelon Financial Holdings Inc.

Founded in 1998, Echelon operates in the property and casualty insurance industry in Canada, primarily focusing on non-standard automobile insurance and other specialty P&C insurance products. The Company operates and distributes insurance products through Echelon Insurance and The Insurance Company of Prince Edward Island. It trades on the Toronto Stock Exchange under the symbol EFH. For more information, please visit echeloninsurance.ca.

Forward-looking Information

This news release contains forward-looking information based on current expectations.  This information includes, but is not limited to, statements about the operations, business, financial condition, priorities, targets, ongoing objectives, strategies and outlook of EFH for 2016 and subsequent periods.

This information is based upon certain material factors or assumptions that were applied in drawing a conclusion or making a projection as reflected in the forward-looking information.  By its nature, this information is subject to inherent risks and uncertainties that may be general or specific.  A variety of material factors, many of which are beyond Echelon’s control, affect the operations, performance and results of and its business and could cause actual results to differ materially from the expectations expressed in any of this forward-looking information.

Echelon does not undertake to update any forward-looking information.  Additional information about the risks and uncertainties about Echelon’s business is provided in its disclosure materials, including its Annual Information Form and Management Discussion & Analysis, filed with the securities regulatory authorities in Canada, available at www.sedar.com.

SOURCE Echelon Financial Holdings Inc.

NEWS: Hub announces the acquisition of California-based LISSC

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

Based in Santa Ana, California, LISSC is a multi-lines insurance solutions provider. LISSC’s team will join Hub California. Angelo Maroutsos and Dennis Monahan, co-owners, and David Trevino, Vice President, of LISSC, will join Hub California and report to Peter Duncan, Executive Vice President, Hub California.

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, IL, 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 https://www.hubinternational.com.

Economical commits $110,500 to the fight against cancer

Today, more than 60 per cent of Canadians diagnosed with cancer will survive compared with only 25 per cent in the 1940s. While tremendous progress is being made against the disease, overall cancer cases are increasing because of Canada’s aging and growing population. Much more work needs to be done.

To fund this work, the Canadian Cancer Society hosts Relay For Life events across the country. At these six to 12-hour events, teams of friends, family and colleagues join together to celebrate survivors, honour those lost and commit to raising funds to fight all types of cancer.

People can participate in these events at any age or fitness level. Every step taken at Relay For Life helps fund promising cancer research, community support services and other important work so that fewer Canadians are touched by the disease.

Economical Insurance is proud to once again support the Canadian Cancer Society in 2017 with $110,500 in presenting event sponsorships of 10 Relay For Life events in OntarioWoodstock, two in Waterloo Region, three in the GTA, four in Ottawa in addition to an event at Quartier DIX30 in Brossard, Quebec.

“Corporate sponsorships are essential to the success of our Relay For Life events,” says Lesley Ring, Vice-President, Development and Marketing for the Canadian Cancer Society in Ontario. “We are very thankful to Economical Insurance and its employees for generously supporting us for the past 12 years.”

“Relay For Life is our largest fundraising initiative of the year,” says Suzanne Dubois, Executive Director of the Canadian Cancer Society in Quebec. “Every dollar raised from these events helps the Canadian Cancer Society have more impact against more cancers in more communities across Canada. Our donors are helping researchers discover life-saving treatments and providing support programs to those living with cancer.”

This year, more than 400 Relay For Life events are being held across Canada. Since 1999, Relay For Life has raised more than $500 million in Canada for cancer research and support programs.

“At Economical, we have proudly sponsored Relay For Life events since 2006,” said Rowan Saunders, President and Chief Executive Officer of Economical Insurance. “This year, we continue to invest our sponsorship commitment toward the cancer cause. It is exciting to have four university events on the list of those we sponsor, allowing us to connect with a new demographic. Funds raised at Relay For Life, enable the Canadian Cancer Society to take a comprehensive approach to fight all type of cancer through research, prevention and advocacy activities, and support services for patients and their families.”

Cancer changes everything. So can you. Join Economical Insurance and its employees by registering for a Relay For Life event. Learn more at relayforlife.ca

About Economical Insurance
Founded in 1871, Economical is one of Canada’s leading property and casualty insurers, with $2.0 billion in premiums during 2016 and $5.4 billion in assets as at December 31, 2016. Based in Waterloo, this Canadian-owned and operated company services the insurance needs of more than one million customers across the country. Economical conducts business under the following brands: Economical Insurance, Economical, Western General, Economical Select, Perth Insurance, Sonnet, Petsecure, Economical Financial, and Family Insurance Solutions.

SOURCE Economical Insurance

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