Murphy was previously the President and CEO of the Canadian Association of Accredited Mortgage Professionals

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Allianz Global Corporate & Specialty Appoints Industry Veteran Bernard McNulty as Head of Claims in Canada

TORONTO–(BUSINESS WIRE)–Allianz Group’s specialist corporate insurer Allianz Global Corporate & Specialty (AGCS) announced today that Bernard McNulty has been named the head of claims Canada effective immediately. Based in Toronto, he will report directly to Ulrich Kadow, chief agent Canada, with a matrix report to Terry Campbell, regional head of claims North America.

Mr. McNulty is responsible for AGCS’s Claims division throughout Canada, leading a team of 14 professionals. AGCS Canada is one of the country’s largest industrial insurance carriers, insuring almost half of the top 100 companies in Canada.

“AGCS is extremely pleased to welcome someone with Bernard’s impressive technical expertise and industry reputation to head our Canada Claims team. As a trusted industrial insurer, AGCS Canada is positioned for growth with multiple lines of business and strong capital and capacity,“ said Mr. Kadow. “Claims is a vital part of the value we bring to the market and Bernard will be instrumental in helping us grow throughout the region.”

Mr. McNulty is a respected industry veteran with strong technical expertise and over 22 years of experience in the insurance sector in underwriting, claims, and management roles. Most recently, he served as vice president, strategic broker and customer development, at RSA Group. Mr. McNulty previously held a variety of claims leadership roles at GCAN Insurance Co. and the ACE Group.

He earned a Bachelor of Arts in English and Economics at the University of Toronto and holds both Associate (AIIC) and Fellowship (FIIC) designation levels from the Insurance Institute of Canada (IIC).

About Allianz Global Corporate & Specialty

Allianz Global Corporate & Specialty (AGCS) is the Allianz Group’s dedicated carrier for corporate and specialty insurance business. AGCS provides insurance and risk consultancy across the whole spectrum of specialty, alternative risk transfer and corporate business: Marine, Aviation (incl. Space), Energy, Engineering, Entertainment, Financial Lines (incl. D&O), Liability, Mid-Corporate and Property insurance (incl. International Insurance Programs).

Worldwide, AGCS operates in 29 countries with own units and in more than 160 countries through the Allianz Group network and partners. In 2014 it employed more than 3,500 people and provided insurance solutions to more than half of the Fortune Global 500 companies, writing a total of €5.4 billion gross premium worldwide annually.

AGCS SE is rated AA by Standard & Poor’s and A+ by A.M. Best.

For more information please visit www.agcs.allianz.com or follow us on Twitter @AGCS_Insurance and LinkedIn

Cautionary Note Regarding Forward-Looking Statements

Contacts

Allianz Global Corporate & Specialty
Jacqueline Maher, 646-472-1479
jacqueline.maher@agcs.allianz.com
or
Harden Communications Partners
Erin Burke, 631-239-6903
eburke@hardenpartners.com

Western Financial Group appoints Paul Taylor as new President & CEO

HIGH RIVER, AB, July 6, 2015 /CNW/ – Western Financial Group (Western) and its Board of Directors are pleased to announce the appointment of Paul Taylor as President & CEO effective July 6.

Company Founder and Interim President & CEO, Scott Tannas will be working with Taylor to oversee a smooth transition period. After this time, Tannas will resume his previous role as Vice Chairman and Founder focusing on the areas of governance, community and employee relations. Tannas also continues to serve as a Canadian Senator.

In his role as President & CEO, Taylor will oversee Western’s Network of insurance brokerages, and will lead all of Western’s business units including Western Financial Group Insurance Solutions, Western Financial Insurance Company (Petsecure) and Western Life Assurance Company.

Taylor brings with him a diverse background in both the private and public sectors. Most recently he held the position of President of TransAlta’s business operations in the U.S. and as is a Corporate Director on the TransAlta Renewables Board of Directors. His extensive experience includes serving as President & CEO of the Insurance Corporation of British Columbia (ICBC) and he subsequently served as the Chair and Director of ICBC. His public sector experience includes serving as Chief of Staff to the Premier of British Columbia and as British Columbia’sDeputy Minister of Finance and Secretary to Treasury Board.

“We are excited to have Mr. Taylor join the Western team. He is a proven leader, and is a great fit with Western’s values of truthfulness, fairness, value and loyalty. He is the right choice to help Western continue to be a leader in the Canadian insurance industry,” said Scott Tannas, Vice Chairman and Founder of Western Financial Group. “Mr. Taylor’s prior roles give him the expertise and perspective to lead Western to a successful future and I look forward to working alongside him.”

“We are delighted to announce Mr. Taylor as the new President & CEO of Western. He is the perfect person to continue to develop Western. His extensive experience, solid track record of leadership combined with his values make him the ideal individual to lead our team,” said Jim Dinning, Chairman, Western Board of Directors.  “Western’s future is very bright with Mr. Taylor joining the Western family.”

“I look forward to working with the great team at Western as we strive to serve the needs of our customers across the west,” said Paul Taylor, President & CEO of Western Financial Group.

About Western Financial Group
Western Financial Group is a diversified insurance company that serves more than 800,000 customers acrossWestern Canada. Founded in 1996 and headquartered in High River, Alberta, Western Provides personal and business insurance services through more than 160 office locations and affiliates and online atwww.westernfinancialgroup.ca. With a skilled team of more than 1,800 employees, Western is committed to building the strongest insurance organization in Western Canada.

Western Financial Group is a subsidiary of Desjardins Group, the leading cooperative financial group in Canada.

SOURCE Western Financial Group

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All-stock merger values combined company at $18 billon

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Milos Raonic, Aviva Canada announces multi-year partnership

Milos-raonic-225

TORONTO, June 29, 2015 /CNW/ – Aviva Canada Inc., one of the country’s leading providers of home, auto, leisure and business insurance, and Canadian tennis star Milos Raonic are proud to announce a multi-year partnership. As part of the multi-year deal, Raonic will wear the Aviva logo on his uniform commencing this week at Wimbledon.

Raonic is currently ranked world No. 8 by the Association of Tennis Professionals (ATP). He has won six ATP titles, starting with the SAP Open in 2011, and reached the semi-finals of Wimbledon in 2014. Raonic is the highest ranked Canadian tennis player in the open era and will become a brand ambassador for Aviva – both in Canada and around the globe. He was born in Titograd, SFR Yugoslavia (now Podgorica, Montenegro) and moved to Canada with his family at the age of three.

“Insurance companies are an integral part of our communities, and I am excited to be associated with such a strong Canadian insurer and global brand,” said Raonic. “I’m on the road most of the year and it’s great to know that my partner Aviva will be there to support and protect what I care about most.”

“To be connected with a world-class athlete who proudly represents Canada on the world stage as Milos does, is a privilege for Aviva in Canada and globally,” stated Aviva Insurance Company of Canada President Sharon Ludlow. “We are hopeful that our new partnership will contribute to the growing strength of the sport for generations to come.”

The announcement comes shortly after Aviva Canada entered a 10 year deal with Tennis Canada – for the naming rights of their core Toronto facility – as the Aviva Centre (located at 1 Shoreham Drive), and becomes the official Platinum and exclusive Insurance Partner of the Rogers Cup presented by National Bank, at both the Toronto andMontreal events. The Rogers Cup takes place August 7-16 in Montreal with the men’s draw at Uniprix Stadium andAugust 8-16 in Toronto with the women’s draw being held at the Aviva Centre at York University.

About Aviva Canada
Aviva Canada is one of the leading property and casualty insurance groups in Canada providing home, auto and business insurance to more than three million customers. The company is a wholly-owned subsidiary of UK-based Aviva plc and has more than 3,000 employees, 25 locations and 1,700 independent broker partners. Aviva Canadainvests in positive change through the Aviva Community Fund, Canada’s longest running online community funding competition. Since its inception in 2009, the Aviva Community Fund has awarded $5.5 million to over 100 communities nationwide.

For more information about Aviva Canada, visit AvivaCanada.com, our blog or our Twitter, Facebook and LinkedInpages.

SOURCE Aviva Canada Inc.

For further information:

Media Contacts:
Glenn Cooper
Senior Manager, Public Relations & Social Media
Aviva Canada Inc.
Desk: (416) 288-2685, Mobile: (416) 523-3225
glenn_cooper@avivacanada.com

For Milos Raonic
Austin Nunn
Manager, Milos Raonic
Mobile : (917) 747-1124
austin@austinnunn.com

The Co-operators pledges $10 million to Canadian Co-operative Investment Fund

GUELPH, ON, June 24, 2015 /CNW/ – The Co-operators has announced that they will increase their pledge to the Canadian Co-operative Investment Fund (CCIF) to $10 million. The Fund, which will be launched in the coming months, will support the development and expansion of Canadian co-operatives with loans and other funding sourced from the co-op sector.

The Fund, a first of its kind in Canada, was created under the leadership of Co-operatives and Mutuals Canada to address the challenge co-operatives face in accessing capital from conventional sources. It will provide funding with favourable conditions to developing co‑operatives throughout the country. The Fund is to begin its operation once it has reached its target of $25 million committed from the Canadian co-operative and mutual sector.

“Access to capital has long been recognized as a significant challenge facing co-operatives and we’re pleased to support this solution designed by the co-op sector for the co-op sector,” said Kathy Bardswick, president and CEO of The Co-operators. “Co-operatives have a long tradition of helping one another, and this is an innovative approach that will provide a new source of funding for emerging co-op and strengthen the Canadian co-op sector as a whole.”

Because co-operatives are owned and democratically controlled by their membership, they are not able to access capital markets in the same way as investor-owned companies. A study by Deloitte in 2012 showed that 74 per cent of co-operatives around the world identified access to capital as “somewhat difficult” or “difficult.” 

The concept of the Fund is that Canadian co-operatives will invest with the expectation of a modest return on their investment, but with the additional aim of enabling a new and more flexible source of funding specifically for developing co‑operatives.

“With the commitment announced today by The Co-operators, the investment Fund has now reached a tipping point and is ready to launch” said Jack Wilkinson, the newly elected President of CMC. “Now is the time for this idea, it is a first class impact investment opportunity that will support the development of co-ops in Canada.”

The pledge by The Co-operators represents new funding, which does not replace any of its existing programs that support the co-op sector, such as the Co-operative Development Program.

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

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