Category: Company News

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Manulife sees insurance sales drop 23 per cent in Q1 on lower net profit

“Insurance sales dropped to $619 million in the quarter from $799 million, hit by tax and product changes in Japan and price increases to protect margins and lower sales of group benefits to large clients in Canada” chief executive Donald Guloien

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Economical commits $62,500 to the fight against cancer

Economical supporting Canadian Cancer Society with title sponsorships of five Relay For Life events in Ontario and Quebec this June

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BMO Bank Of Montreal Announces Flood Relief Program For Customers In Central Ontario

“We want to support our customers that are affected by damages caused by the severe flooding,” said Lloyd Fleming, Vice President, Central and Northern Ontario District, BMO Bank of Montreal.

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Canadians to Discover Just How Far $2 Can Go at a Credit Union

Canadians to Discover Just How Far $2 Can Go at a Credit Union

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Munich Re puts support behind prevention program in earthquake-prone region of India

Aizawl, capital of the state of Mizoram, is situated in a region highly prone to earthquakes and located in the geologically complex border area between the Indian and Eurasian Plates

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The Co-operators appoints new board members

As a co-operative, The Co-operators Group Limited is governed on a democratic basis by its member-owners, which include Canadian co-operatives and credit union centrals

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Ironshore International enters Japanese insurance market through its Lloyd’s Pembroke Syndicate

Through its relationship with Lloyd’s Japan, Ironshore’s Pembroke Syndicate will provide up to £25 million (CAD $38.9 million) in capacity per transaction

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Desjardins Group to prioritize gender parity on caisse boards of directors

“Year after year, so many women are graduating from our colleges and universities and from corporate governance institutes. And that’s a pool of expertise that our caisses—and our entire organization—can take advantage of.”

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Crawford & Company (Canada) becomes Bronze Pledging Partner of Regional Carbon Initiative

Crawford, which has been involved in the initiative for a year, has committed to a 20 percent reduction target

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AIG launches distribution channel for space risks

The appointment provides a new distribution channel for satellite operators, manufacturers, launch service providers, owners, end-users & financiers that require access to comprehensive space-related insurance solutions including traditional satellite launch and in-orbit coverages

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State Farm, safety organization establish National Teen Driver Safety Week

State Farm agents from across Canada will host teen driving safety events from October 18-26, 2013, to bring attention to this epidemic and help establish a National Teen Driver Safety Week

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FSCO warns Royal Insurance Company and Stock Exchange Insurance are not licensed to do insurance business in Ontario

The following phone number has been used in relation to this scam: 601-990-6303

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TIC Travel Insurance revamps brand

TIC Travel Insurance (TIC) has launched a new brand centred around its travel insurance expertise and is introducing its new “We know.” tagline.

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Eight Canadian causes up for $25,000 grant from State Farm Neighbourhood Assist program

Now the top 200 causes, including eight from Canada, are looking for votes to bring the money to their community

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Desjardins Group, Coast Capital Savings sign agreement to share product and service expertise

“Intercooperation is a sure-fire way of leveraging strategic development for Desjardins and Coast Capital,” said Monique F. Leroux

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Co-operators General Insurance Company to add up to 25 jobs in Moncton, NB

Under the terms of an agreement, Invest NB will provide support of up to $175,000 in the form of payroll rebates for the 25 positions created at the insurer’s new Moncton contact centre

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Western Financial Group sponsors September cycling event in Cranbrook/Kimberley area

“We believe in being good neighbours and in giving back to the communities we serve, so we’re very proud to have a part in bringing about the Kootenay Rockies Gran Fondo,” said John Jenner, Vice President of Marketing and Communications with Western Financial Group

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BCAA receives Greatest Impact Award from United Way

To give employees more opportunity to play an active role in giving back to their communities, BCAA introduced its new employee volunteer program which provides them with paid time off to help at a registered charity of their choice

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Wawanesa selects Guidewire for rating, underwriting, policy administration and billing

The Wawanesa Mutual Insurance Company announced that it has selected Guidewire PolicyCenter as its new underwriting and policy administration solution and Guidewire BillingCenter to manage its billing operations

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