Industry
Ontario bore the brunt of severe weather in August, with a tornado tally of 13 – more than the average for the whole of tornado season, according to Environment Canada’s Ontario Weather Review.Ontario normally averages 12 tornadoes during a season that runs from late April to early October. There were no tornadoes reported in August […]
By Canadian Underwriter | September 14, 2011
1 min read
KPMG has acquired Vancouver-based accounting firm Berris Mangan. Berris Mangan is a full-service accounting firm that specializes in serving the insurance industry, as well as the service, wholesale and manufacturing industries. “As part of our national strategy to grow through acquisition, we are pleased to welcome the Berris Mangan practice to our Vancouver office and […]
Kanetix Ltd., a Canadian online insurance marketplace, has been acquired by Monitor Clipper Partners (MCP), a Cambridge, Massachusetts-based private equity firm. Kanetix has also named Yousry Bissada as president and CEO, effective immediately. Its co-founders, George Small and Gregory Ellis, will retain significant stakes in Kanetix, each holding a position on the newly created board […]
FirstOnSite Restoration has appointed Brad Meekin to head up its new healthcare and government services business unit. Through FirstOnSite’s Priority Response Emergency Plan (PREP) program, Meekin will assist organizations in the healthcare and government sectors – including hospitals, retirement residences, long-term care and medical facilities – with business continuity and emergency response planning. Prior to […]
Hub International Limited (Hub) has entered into a definitive agreement to acquire the operations of Horizon Insurance LP (Horizon), a full service insurance brokerage firm headquartered in Manitoba. The acquisition is expected to close in the third quarter of 2011 and is subject to customary closing conditions. Terms of the acquisition were not disclosed.Horizon will […]
Personal lines in Canada are showing signs of “robust” premium growth, while commercial writers continue to plod along in a sluggish, no-growth environment, reported Joel Baker, president and CEO of MSA Research Inc.In the MSA/Baron Outlook Report: Q2 2011, Baker described the ongoing dichotomy between personal and commercial writers in the Canadian market.Personal lines writers […]
By Canadian Underwriter | September 13, 2011
2 min read
Reid French has been appointed CEO of Applied Systems. He succeeds James P. Kellner, a 26-year veteran of Applied Systems, who has served as chairman and CEO since 1998. Kellner is taking on the role of non-executive chairman of the board and remains a significant shareholder in the company. French most recently served as chief […]
The Insurance Council of British Columbia has appointed Dr. Eric Yung as a layperson representative voting member.Yung holds a Bachelor of Science degree in Biochemistry from the University of British Columbia. He holds his Doctorate in Molecular Genetics from the Albert Einstein College. Yung is an independent researcher with 15 years’ experience in leading labs […]
Rochon Engineering co-CEOs Mike and Vince Rochon are stepping down and transitioning out of the organization in October 2011.In the interim, Doug Tremblay, in his role of general manager, will act as chief operating officer.”Over the past few years, Rochon has matured as an organization with the structure, skills and expertise to continue its growth, […]
FirstOnSite Restoration has expanded its Greater Toronto Area presence with the opening of its Toronto East branch. The branch is under the leadership of Steve Gregg, district general manager of Hamilton and GTA, and Jim Mandeville, branch manager of Toronto East. Together, Gregg and Mandeville have more than 20 years of combined experience, hold more […]
By Canadian Underwriter | September 12, 2011
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