Economical Insurance selected one of Waterloo Area’s Top Employers for 2017

Economical Insurance, one of Canada’s leading providers of home, auto and commercial insurance, is proud to be recognized for the second year in a row as one of Waterloo Area’s Top Employers for 2017 by Canada’s Top 100 Employers.

“We are very proud of our engaging and inspiring work environment where we bring our best every day,” said Louise Taylor Green, SVP and Chief Human Resources Officer at Economical Insurance. “People and culture is a major driver of our profitable growth strategy. We put our customers first and, as a cohesive national team, we’re stronger together. By investing in our talent, we are building a team that is helping us achieve our vision to be one of Canada’s top P&C insurers, recognized for our business innovation and how well we take care of our customers.”

The judges selected Economical for its Dependent Children Scholarship program that assists children of employees in their pursuit of a post-secondary education by offering scholarships of up to $2,000 per year.

“Our dependent children’s scholarship program generates ever-increasing numbers of high-calibre applicants,” said Taylor Green. One parent said: “Thank you for the generous scholarship awarded to my son. I recognize that many employers do not provide assistance for academic pursuits to employees and their families. The support Economical provides through the dependent children’s scholarship program makes me proud to work at Economical.”

The judges were also wowed by the approach that Economical has taken towards diversity. The company is building on the success of its Women’s Leadership Network to chart a course that promotes greater inclusiveness and broader diversity to help attract and retain top talent.

To select the winners, judges evaluated companies to determine which ones offer the most progressive and forward-thinking programs based on the following criteria:

  1. Physical Workplace
  2. Work Atmosphere and Social
  3. Health, Financial, and Family Benefits
  4. Vacation and Time Off
  5. Employee Communications
  6. Performance Management
  7. Training and Skills Development
  8. Community Involvement

In October, Economical was recognized with a Waterloo Region Healthy Workplace Award for the fourth consecutive year. Economical won Platinum for sustaining a Gold-level award for three years running, recognizing the company’s health promotion strategies in awareness raising, skill building, supportive environment and policy development.

About Economical Insurance
Founded in 1871, Economical is one of Canada’s leading property and casualty insurers with more than $2.1 billion in annualized premium volume and $5.5 billion in assets as September 30, 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, Economical Financial, and Family Insurance Solutions.

SOURCE Economical Insurance

“Our clients’ satisfaction is our number one priority,” says spokesperson Pierre Picard. “Our actions are based on that priority.”

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Chubb’s New Suite of Liability Coverages Helps Protect Family Offices in Canada

Family offices face significant liability exposures, but a new suite of insurance coverages from Chubb can help manage the risk for Canadian firms. Family Office Amplifier is a flexible package of coverages that includes specialized terms and conditions that reflect today’s evolving financial and regulatory environment.

“Family office directors, officers and executives face complex liability exposures. They are charged with adhering to a high level of fiduciary care in managing their high-net-worth clients’ wealth and assets. Failure to adhere to these fiduciary duties can result in costly litigation,” said Cameron Rose, Senior Vice President, Financial Lines, Chubb in Canada. “Family Office Amplifier recognizes the unique needs of family offices and offers liability protection in a customizable insurance package to help protect the firm from these liabilities.”

Chubb’s Family Office Amplifier coverage addresses the wide spectrum of family office risks including professional liability, trustee liability and employment practices liability. In addition, to reflect today’s evolving family office risks, Family Office Amplifier includes the following broad terms and conditions:

  • The definition of organization includes any trust, in addition to family office; subsidiary of the family office; private funds, including management entities such as general partners, managing members and advisors; and investment holding companies of any trust or private fund.
  • If the policy is renewed, claims can be reported up to 180 days after the policy has expired.
  • After a claim has been submitted and all requested information has been received, Chubb will advance defence costs to the insured within 90 days.

“Family Office Amplifier is a testament to Chubb’s broad and complementary capabilities that span its commercial and personal lines products and services,” said Paul Johnstone, Senior Vice President, Personal Risk Services, Chubb in Canada. “We are excited about what this new suite of coverages offers our high-net-worth clients utilizing family offices.”

Chubb has a long history of providing specialized insurance products and risk management services to family offices, financial institutions and high-net-worth individuals. In February 2016, for the second consecutive year, Chubb was recognized as the Best High-Net-Worth Insurance Company by Private Asset Management (PAM), a leading publication that reports on the wealth management and family office industry.

Product highlights are summaries only; please see the actual policy for terms and conditions. Product offerings may vary by location.

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:

Intact Financial Corporation named one of Canada’s Top 100 Employers

Press Release:

Intact Financial Corporation (TSX: IFC) is proud to be recognized once again as one of Canada’s Top 100 Employers for 2017.  This is the second year Intact Financial is receiving the prestigious honour for its exceptional human resources programs and forward-thinking workplace policies.

“We are delighted to be in the Top 100 again this year. We take an active role in our employees’ professional development and are deliberate about cultivating a work environment that actively encourages employees to develop their careers to help them reach their full potential,” said Denise Thompson, Vice President, Human Capital Management, Intact Financial Corporation.

“A big part of our promise to employees revolves around creating opportunities for them to advance their skills and their careers.”

Intact Financial invests over $9 million towards the training and development of its employees every year.

Hiring for tomorrow’s needs

Intact Financial is continuing in its search for top talent, and is looking to hire traditional as well as non-traditional insurance roles.

“We filled 2,300 roles last year. While we hire a large number of insurance experts and customer service representatives each year, we are also recruiting data scientists, software engineers and a geomatician,” added Thompson. “That’s a direct result of our relentless commitment to innovation. We are building the best team to meet the changing needs of customers.”

Earlier this year, Intact Insurance announced that it plans to hire about 150 professionals across Canada over the next few years, to support the growth of its commercial lines specialty solutions business.

Now in its 18th year, Canada’s Top 100 Employers competition is an editorial project recognizing employers with exceptional human resources programs and forward-thinking workplace policies. Intact Financial was selected by the editors at Mediacorp Canada Inc. based on eight criteria: physical workplace; work atmosphere and social; health, financial and family benefits; vacation and time-off; employee communications; performance management; training and skills development; and community involvement.

About Intact Financial Corporation

Intact Financial Corporation (TSX: IFC) is the largest provider of property and casualty (P&C) insurance in Canada with $8.0 billion in annual premiums. Supported by over 12,000 employees, the Company insures more than five million individuals and businesses through its insurance subsidiaries and is the largest private sector provider of P&C insurance in British Columbia, Alberta, Ontario, Québec, Nova Scotia and Newfoundland & Labrador. The Company distributes insurance under the Intact Insurance brand through a wide network of brokers, including its wholly owned subsidiary, BrokerLink, and directly to consumers through belairdirect.

SOURCE Intact Financial Corporation

Bullfrog Insurance gives small business owners a big voice

Press Release:

Bullfrog Insurance (, a new online commercial general liability insurance company, brings its commitment to small business owners to life by investing in a marketing campaign in London and Hamilton, Ontario, dedicated to them.

The marketing initiative, developed by Bullfrog’s advertising agency, consists of customized campaigns for selected Bullfrog small business customers, including creative, paid advertising, social media and, in some cases, the design of new company logos.

“It has always been our goal to work in the best interests of our clients, and to celebrate the growth of independent Canadian businesses,” says Sam Natur, CEO and President of Bullfrog Insurance. “We launched this campaign to acknowledge our valued and broad customer base by giving them a platform to communicate the great work they do.”

Bullfrog is building its reputation by offering small businesses, in multiple verticals, the protection they need along with access to an industry-leading 90-second online quoting system for a quick evaluation. Bullfrog’s raison d’être: providing convenient, cost-effective insurance coverage so that entrepreneurs can focus on their business, worry-free.

The range of entrepreneurs that Bullfrog works with demonstrates that liability insurance coverage isn’t a simple one-size-fits-all proposition. In fact, healthcare professionals, office workers, contractors, retailors and more can all obtain quotes either online or by calling one of Bullfrog’s specialists to find their perfect coverage. The faces behind the media campaign include entrepreneurs ranging from an artist, a lumberjack, a music lover and a gardener all operating different businesses with specific and unique insurance needs. The coverage they receive includes, but is not limited to; liability insurance, business property insurance and commercial automobile insurance.

The campaign started October 31 and runs until December 31, 2016.

About Bullfrog Insurance
Bullfrog Insurance is the first in online insurance brokerage in Canada to do quote and bind for small business liability insurance targeting contractors, retailors, healthcare and office professionals and a myriad of other industries. The agency offers free, no obligation online quotes.

For more information, visit

SOURCE Bullfrog Insurance

RBC celebrated as leading North American wealth manager with two industry award wins

RBC Wealth Management (“RBC”), part of Royal Bank of Canada (RY on TSX and NYSE), has won two industry accolades for its commitment to providing clients with premier wealth management capabilities and unparalleled customer service.

For a fifth consecutive year, RBC received top honours for “Best Private Bank in Canada at the 2016 PWM/The Banker Global Private Banking Awards. RBC was also a finalist for “Best Private Bank for International Customer Service.”  The awards were presented earlier this week in London. The PWM/The Banker Global Private Banking Awards reward excellence in wealth management among banks from the Americas, Europe, Asia, the Middle East and Africa, based on rigorous qualitative and quantitative criteria.

At the 2016 Private Banker International Global Wealth Awards, announced earlier this month, RBC won for “Outstanding Global Private Bank – North America and was also a finalist for “Outstanding Wealth Manager – Customer Relationship Service and Engagement.” The Private Banker International Global Wealth Awards recognize industry-leading wealth management firms, individuals and organizations that are setting new standards for the industry.

“These awards reflect our dedication to helping clients thrive and achieve their long-term financial goals,” said Doug Guzman, group head, RBC Wealth Management & RBC Insurance. “As client expectations evolve, we are continually challenging ourselves to find more and better ways to add value as one of the world’s most trusted and successful financial institutions.”

RBC Wealth Management was also named in 2016, for a third consecutive year, as the fifth-largest wealth manager in the world by Scorpio Partnership’s Global Private Banking KPI Benchmark 2016, an annual survey of the global wealth management industry. The firm was also recognized in 2016 for 17 awards by the Euromoney Private Banking and Wealth Management Survey, including “Best Private Banking Services Overall” in Canada for the ninth consecutive year.

About RBC Wealth Management
RBC Wealth Management is one of the world’s top five largest wealth managers*. RBC Wealth Management directly serves affluent, high net worth and ultra-high net worth clients globally with a full suite of banking, investment, trust and other wealth management solutions, from our key operational hubs in Canada, the United States, the British Isles, and Asia. The business also provides asset management products and services directly and through RBC and third party distributors to institutional and individual clients, through its RBC Global Asset Management business (which includes BlueBay Asset Management). RBC Wealth Management has more thanC$766 billion of assets under administration, more than C$559 billion of assets under management and 4,716 financial consultants, advisors, private bankers, and trust officers. For more information, please visit

*Scorpio Partnership Global Private Banking KPI Benchmark 2016. In the United States, securities are offered through RBC Wealth Management, a division of RBC Capital Markets, LLC, a wholly owned subsidiary of Royal Bank of Canada. Member NYSE/FINRA/SIPC.

Royal Bank of Canada is Canada’s largest bank, and one of the largest banks in the world, based on market capitalization. We are one of North America’s leading diversified financial services companies, and provide personal and commercial banking, wealth management, insurance, investor services and capital markets products and services on a global basis. We have over 80,000 full- and part-time employees who serve more than 16 million personal, business, public sector and institutional clients through offices inCanada, the U.S. and 36 other countries. For more information, please visit‎

RBC helps communities prosper, supporting a broad range of community initiatives through donations, community investments, sponsorships and employee volunteer activities. In 2015, we contributed more than $121 million to causes around the world.

SOURCE RBC Wealth Management

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