Zurich appoints Kristof Terryn as CEO of General Insurance

Zurich, On September 04, 2015 Zurich Insurance Group (Zurich) announced that Kristof Terryn, currently CEO of Global Life, will take over as CEO of General Insurance, effective October 1, 2015. He replaces Mike Kerner, who is stepping down for personal reasons and will be leaving the company at the end of this year. Kristof Terryn will continue to run the Global Life business until a replacement is announced.

Kristof Terryn has been CEO of Global Life since August 2013, and a member of Zurich’s Group Executive Committee since his appointment to his previous position as Group Head of Operations in 2010. He has held a number of senior executive positions, including COO for the General Insurance business and, before that, COO of Global Corporate. Prior to joining Zurich in 2004, he had a successful career in the financial services industry, initially in banking where he worked in capital markets, and later with McKinsey & Company’s financial services practice in Brussels and Chicago.

Martin Senn, Zurich’s Chief Executive Officer, said: “Kristof Terryn has an impressive track-record as a leader. Under his management, our Group Operations team delivered significant improvements and efficiencies and, as our recent results demonstrate, Global Life continues to execute against its strategy and meet its targets. We are very fortunate to have somebody with his expertise, deep industry knowledge and senior leadership experience to take over General Insurance.”

“I would like to thank Mike Kerner for his dedication and service to Zurich over the past 23 years. He has served this company well in a number of important senior roles and will be widely missed. I respect his decision to spend more time with his family and wish him all the best for the future.”

Further information

For biographical information about Kristof Terryn please click on the following link: CV Kristof Terryn

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L’Alliance des caisses populaires de l’Ontario becomes the newest member of The Co-operators

GUELPH, ON, Aug. 21, 2015 /CNW/ – The Co-operators is pleased to introduce L’Alliance des caisses populaires de l’Ontario as its newest member organization. The board of directors approved its membership, effective October 1, 2015, at which time the Canadian insurance and financial services co-operative will have 43 members, including co-operatives, credit union centrals and representative farm organizations.

“We’re pleased to welcome L’Alliance des caisses populaires de l’Ontario as our newest member, and look forward to strengthening the mutually-beneficial relationship between the two organizations,” saidKathy Bardswick, president and CEO of The Co-operators. “Caisses populaires and credit unions have a long history of involvement with The Co-operators, and we’re excited to be building upon that legacy of partnership.”

L’Alliance des caisses populaires de l’Ontario is a federation representing 12 member organizations that provide financial services and products in 23 communities in northeastern Ontario. Each affiliated caisse is a financial services co-operative that is owned and democratically controlled by its members. Through the provision of centralized services to its members, L’Alliance helps the caisses better meet the financial needs of their 55,000 members.

“We look forward to a long and successful partnership with The Co-operators. We believe that by working together we will share responsibilities, resources, competencies and benefits which will be valuable to our members and to our respective organizations,” said Lucie Moncion, president and CEO of L’Alliance des caisses populaires de l’Ontario.

A co-operative is owned and democratically controlled by members who use its services or products. The membership of The Co-operators consists of 43 organizations from every region of the country, representing the agriculture, finance, retail/consumer, service, health, and labour sectors of the Canadian economy.

About The Co-operators:
The Co-operators Group Limited is a Canadian-owned co-operative with more than $40 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 50 Best Employers in Canada by Aon Hewitt; Corporate Knights’ Best 50 Corporate Citizens in Canada; and the Top 50 Socially Responsible Corporations in Canada by Sustainalytics and Maclean’s magazine. For more information visit www.cooperators.ca.

SOURCE The Co-operators

For further information: Leonard Sharman, The Co-operators, 519-767-3937; Danielle Gagné, L’Alliance des caisses populaires, 705-474-5634

Economical Insurance donates $10,000 to local YWCA to support teens exposed to domestic violence

LETHBRIDGE, AB, Aug. 18, 2015 /CNW/ – Local teens that experience traumatic events in their lives will soon be able to turn to the YWCA Lethbridge & District for help on how to cope with life’s pressures and rebuild their self-esteem.

Economical Insurance, one of Canada’s largest providers of home, auto and business insurance, today provided $10,000 in association with McKillop Insurance brokers to the local YWCA for the expansion of the successful Project Child Recoveryprogram to make it appropriate for teenage adolescents in the area.

“A recent study by the University of Calgary revealed that the effects of witnessing or experiencing family violence can impact a child’s short- and long-term development and social adjustment,” said Lena Neufeld, acting chief executive officer of YWCA Lethbridge & District.

“Thanks to Economical’s generous funding, we are able to fully develop a six-week program where teens will be encouraged to talk about their feelings, develop healthy coping strategies, explore support systems, and enhance their self-esteem,” said Neufeld. “We will conduct facilitator training in September then launch the program with our first group of teens during our Week Without Violence event in the third week of October.”

“We are proud to make this donation to the YWCA so local teens that have been exposed to domestic violence can have a better chance to develop, adjust and become the best they can be in life,” said Chris Weber, Economical’s vice-president of sales and distribution for Alberta and the Prairies.

“We are delighted to be associated with Economical’s generous investment in our YWCA,” saidSonya McKillop, president of McKillop Insurance & Registry Services Inc. “Economical has a long history of giving back to communities across the country. This donation will certainly make a positive difference in the future of many right here in Lethbridge.”

About Economical
Founded in 1871, Economical Insurance is one of Canada’s leading property and casualty insurers, with $2.0 billion in annual premium volume and $5.3 billion in assets as at June 30, 2015. Based in Waterloo, Ontario, this Canadian-owned and operated company services the insurance needs of more than one million customers across the country. Economical Insurance conducts business under the following brands: Economical Insurance, Economical, Western General, Economical Select, Perth Insurance, Family Insurance Solutions, Federation Insurance and Economical Financial.

About YWCA Lethbridge & District
YWCA Lethbridge & District is a not-for-profit organization committed to women and the enhancement of their lives by providing programs and services which empower them, support equality and promote wellness of mind, body and spirit. It brings attention to the issues of women and children in Southern Alberta, creates a voice for those who have none, and ensures the provision of ethical and socially-aware programming for women, youth and children.

SOURCE Economical Insurance

Barrie-Based Cornerstone Insurance Brokers Offering Auto Insurance Programs for Associations

Woodbridge, Canada, August 16, 2015 –(PR.com)– The company’s team not only designs insurance programs for associations but also helps the association to market the program, build the program’s revenue and create long-term program plans to help maintain success over the long-term. It’s the comprehensive insurance program design service for the community-focused organization.

For associations such as community groups, it’s important to continually bring in new members and to protect the long-term needs of those who currently hold memberships. Insurance programs provide the ideal foundation to this process, and can be harnessed to attract new members to the group through lucrative savings opportunities while protecting members with comprehensive coverage plans. The auto insurance specialists at Barrie-based Cornerstone Insurance Brokers are leaders in this field, and they’re now inviting associations across the region to review their auto insurance programs.

The team at Cornerstone Insurance Brokers can help create dedicated programs for their members. They currently act as the endorsed provider to a number of Ontario’s leading associations and they’re now offering their services to groups across the region. The company’s competitive products work to create value within membership of the association. They also work with companies to market their auto insurance program to outside groups, thereby increasing the income of the association. And one of the leading benefits of Cornerstone Insurance Brokers’ programs is that the association can have their brand name associated with the program, create a unique branding opportunity that will elevate the association’s standing in the marketplace.

The Cornerstone Insurance Brokers programs also include business planning and strategic elements. Their experts work with clients to continually improve their programs, and to report on the current performance of the program each quarter. It’s a trusted service for associations looking to expand their membership base and achieve low cost auto insurance coverage for their members.

To learn more on the auto insurance programs offered through Cornerstone Insurance Brokers, please contact their office team at 1-888-768-8001 or visit their business website at www.csib.org

Cornerstone Insurance Brokers Ltd
Nikolai Williams
416-798-8001
Contact
www.csib.org

 

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