Cambridge, ON (March 9, 2017) – Today, Cowan Insurance Group (“Cowan”), a preeminent insurance brokerage and consulting firm, was honoured to receive its fifth consecutive award as one of Canada’s Best Managed Companies. Cowan was a winner of Canada’s Best Managed Companies program in 2012 and requalified in 2017 to maintain its status as a Best Managed Gold Standard winner.
Established in 1993, Canada’s Best Managed Companies is one of the country’s leading business awards programs recognizing Canadian-owned and managed companies for innovative, world-class business practices. Winners are an important engine of economic growth for being adaptable and sustainable in a global market. Applicants are evaluated by an independent judging panel made up of judges from Deloitte, CIBC, Canadian Business, Smith School of Business at Queen’s University and MacKay CEO Forums. Best Managed companies share commonalities that include an emphasis on culture and people, innovation, sustained performance and strong financial results.
For five consecutive years, Cowan has been selected over hundreds of applicants to be named one of Canada’s Best Managed Companies. Cowan has demonstrated its commitment to the program by driving profitable growth through its proven and highly effective business model. The success of that model goes beyond its focus on strategy surrounding products and services. Cowan focuses a lens on employee innovation, supports the growth and development of talent leading to career progression opportunities, upholds a solid and collaborative corporate culture, and maintains strong corporate social responsibility. The seamless integration of Cowan’s internal and external strategies continues to propel the company forward in business and employee engagement.
2017 winners of the Canada’s Best Managed Companies award will be honoured at the annual Canada’s Best Managed Companies gala in Toronto on April 19, 2017. On the same date, the Best Managed symposium will address leading-edge business issues that are key to the success of today’s business leaders.
The Best Managed program is sponsored by Deloitte, CIBC, Canadian Business, Smith School of Business at Queen’s University and MacKay CEO Forums.
“We are incredibly proud to be named one of Canada’s Best Managed Companies for the fifth consecutive year,” said Heather McLachlin, President, Cowan Insurance Group. “Our success is a direct correlation to the talent on our team, their initiative, collaborative approach and commitment to excellence that each brings to our clients and our business on a daily basis.”
“Best Managed companies deserve recognition for their entrepreneurial approach to excelling in an uncertain economic climate. They truly bring out the best in Canadian business leadership,” said Peter Brown, Partner, Deloitte and Co-Leader, Canada’s Best Managed Companies program.
“CIBC is thrilled to congratulate Cowan Insurance Group on being named one of Canada’s Best Managed Companies, recognizing its excellence in leadership, business performance and innovation,” said Jon Hountalas, Executive Vice President, Business and Corporate Banking, CIBC. “As a sponsor of Canada’s Best Managed Companies program for over 20 years, CIBC is proud to celebrate private companies like Cowan Insurance Group as leaders in their industry.”
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 450 employees and currently operates in 12 locations across Ontario. Cowan subsidiaries include The Williamson Group, Millennium CreditRisk Management, Wentworth Financial Services, and Cowan Financial Solutions. For additional information about Cowan Insurance Group, please refer to cowangroup.ca.
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 $15 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) Canada’s Best Managed Companies new winner (one of the new winners selected each year); 2) Canada’s Best Managed Companies winner (award recipients that have re-applied and successfully retained their 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 retained their award for 4-6 consecutive years); 4) Platinum Club member (Winners that have maintained their Best Managed status for seven years or more). Program sponsors are Deloitte, CIBC, Canadian Business, Smith School of Business and MacKay CEO Forums. For further information, visit bestmanagedcompanies.ca.
Communications Specialist, Cowan Insurance Group
519-650-6363 ext. 31333
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