Industry

Ontario bears brunt of severe weather in August

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 acquires Berris Mangan

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 […]

By Canadian Underwriter | September 14, 2011

1 min read

U.S. private equity firm buys up Kanetix Ltd.

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 […]

By Canadian Underwriter | September 14, 2011

1 min read

FirstOnSite appoints Brad Meekin to head up health care and government services unit

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 […]

By Canadian Underwriter | September 14, 2011

1 min read