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Economical Insurance selected as one of Waterloo Area’s Top Employers for 2016


November 28, 2015   by Economical Insurance

WATERLOO, ON, November 28, 2015Economical Insurance, one of Canada’s leading providers of home, auto and business insurance, is proud to have been selected as one of Waterloo Area’s Top Employers for 2016 by Canada’s Top 100 Employers. Winners were chosen for providing exceptional places to work in Guelph and Canada’s Technology Triangle (Cambridge, Kitchener, and Waterloo).

“This award acknowledges that we have created an engaging and inspiring work environment for our employees,” said Karen Gavan, president and CEO. “We strive to provide an exceptional experience, so we can bring our best every day. We know that by investing in our talent, we will build a team that will allow us to achieve our vision of making Economical one of Canada’s top P&C insurers, recognized for our business innovation and how well we take care of our customers.”

“Since our humble beginnings 144 years ago, we’ve become a national company that imagines bigger and better things, which inspires us to take chances and think innovatively,” said Louise Taylor Green, chief human resources officer. “Our employees are the reason we’ve come as far as we have, and the reason we’ll go much further still. We put our customers first and, as a cohesive national team, we’re stronger together. This award shows our commitment to excellence and will help attract and retain the talent we need to achieve our true potential.”

To select the winners, judges evaluated companies to determine which ones offer the most progressive and forward-thinking programs based on the following criteria:

1.       Physical Workplace

2.       Work Atmosphere and Social

3.       Health, Financial, and Family Benefits

4.       Vacation and Time Off

5.       Employee Communications

6.       Performance Management

7.       Training and Skills Development

8.       Community Involvement

Waterloo Area’s Top Employers are featured in today’s editions of the Waterloo Region Record and the Guelph Mercury.

In October, Economical was recognized with a Waterloo Region Healthy Workplace Award for the third consecutive year. This award celebrates workplaces in the region that demonstrate a strong commitment to improving the health and wellness of their employees.

Economical won the Platinum award for sustaining a Gold-level award for three consecutive years. The award recognizes the company’s comprehensive 2014 wellness program that focused on nutrition — promoted through the Eat well…live well campaign.

Economical also won the 2015 Innovator Award, given to a workplace that demonstrates innovative and sustainable workplace wellness programming with a focus on supportive environments. Only one Innovator Award is given out annually, and Economical is pleased to have been selected for its Health Coaching Partnership Program.

About Economical Insurance

Founded in 1871, Economical Insurance is one of Canada’s leading property and casualty insurers, with approximately $2.0 billion in annualized premium volume and $5.3 billion in assets as at September 30, 2015. Based in Waterloo, this Canadian-owned and operated company services the insurance needs of more than one million customers across the country. Economical Insurance conducts business under the following brands: Economical Insurance, Economical, Western General, Economical Select, Perth Insurance, Family Insurance Solutions, Federation Insurance and Economical Financial.

 

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