Cowan Insurance Group Named One of Canada’s Best Managed Companies
Cambridge, ON–March 10, 2015– Today, Cowan Insurance Group, a pre-eminent Canadian owned and operated brokerage and consulting firm announced that it has been recognized as one of Canada’s Best Managed Companies for a third straight year. Cowan first earned this prestigious national designation in 2012, requalified in 2013 and again in 2014, retaining their status as a Best Managed Company. This national award is sponsored by Deloitte, CIBC, the National Post, Queen’s School of Business and MacKay CEO Forums.
Established in 1993, Canada’s Best Managed Companies is a national awards program that recognizes Canadian companies that have implemented world-class business practices and created value in innovative ways. Every year, hundreds of entrepreneurial companies compete for this designation in a rigorous and independent process that evaluates the calibre of their management abilities and practices.
“We are humbled and grateful to have requalified for this award once again and share this honour with our employees, whose ongoing dedication, expertise and commitment to our clients helps us exceed expectations day in, day out,” said Heather McLachlin, President of Cowan Insurance Group. “It is truly an honour to be counted among the best and brightest organizations this country has to offer.”
Cowan’s continued success as one of Canada's Best Managed Companies is the result of their ongoing focus on three core strategic priorities, which form the foundation of their strategic plan: an unwavering commitment to their core business and client base; a multi-line sales approach that delivers innovative, client-driven product and service solutions; and strong strategic partnerships based on providing clients with leading-edge industry expertise and thought leadership.
“Today’s market place is not just about financial performance; it is also about the investment in the people. Cowan Insurance Group invests in their team to build up a strong and stable company. Best Managed companies are home grown companies making smart investments to achieve above average returns,” says Peter Brown, National Co-Leader of Canada’s Best Managed Companies Program and Senior Practice Partner, Deloitte.
Cowan Insurance Group’s success and recognition as one of Canada's Best Managed Companies can best be attributed to their employees, their commitment to high performance and leadership development, and a reputation for knowing their customers better than anyone else.
“CIBC celebrates the accomplishments of this year’s winners who have demonstrated the highest levels of business excellence,” said Jon Hountalas, Executive Vice-President, Business Banking, CIBC. “We applaud their ability to adapt to the changing marketplace and the evolving needs of their clients.”
This year’s winners of the Canada’s Best Managed Companies award will be honoured at the annual gala in Toronto on March 31, 2015.
About Canada’s Best Managed Companies
Canada's Best Managed Companies continues to be the mark of excellence for Canadian-owned and managed companies with revenues over $10 million. Every year since the launch of the program in 1993, hundreds of entrepreneurial companies have competed for this designation in a rigorous and independent process that evaluates their management skills and practices. The awards are granted on four levels: 1) Best Managed winner (one of the new winners selected each year); 2) Requalified member (repeat winners retain the Best Managed designation for two additional years, subject to annual operational and financial review); 3) Gold Standard winner (After three consecutive years of maintaining their Best Managed status, these winners have demonstrated their commitment to the program and successfully reapplied for the designation. Companies may requalify for two additional years, subject to annual operational and financial review; 4) Platinum Club member (winners that have maintained Best Managed status for seven years or more). Program sponsors are Deloitte, CIBC, National Post, Queen's School of Business and MacKay CEO Forums. For further information, visit www.bestmanagedcompanies.ca.
About Cowan Insurance Group
A pre-eminent Canadian owned and operated insurance brokerage and consulting operation, Cowan Insurance Group represents leading national and international insurance companies. Cowan specializes in property, casualty and credit insurance, providing the best value to businesses, organizations and individuals for their insurance and risk management needs. The organization also advises and creates retirement, group benefits, disability management and international benefits programs for employee groups and offers wealth management, financial planning and succession planning services to individuals through its wholly owned financial services subsidiaries.
Cowan Insurance Group has over 430 employees and currently operates in 10 locations across Ontario. Cowan subsidiary companies include The Williamson Group, Wentworth Financial Services, Cowan Financial Solutions and Millennium CreditRisk Management. For additional information about Cowan Insurance Group, please refer to www.cowangroup.ca.
Communications Specialist, Cowan Insurance Group
519-650-6363 ext. 31602