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BFL Canada

Toronto Ontario, Canada- June 26th, 2022: Shoppers Drug Mart employees marching with signs during Toronto’s annual Pride parade.
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How Pride Toronto got swept up in entertainment line’s hard market

June 13, 2023 by Alyssa DiSabatino

Pride Toronto’s executive director says the organization has seen a 300% increase in its insurance premiums ahead of this month’s parade and festival programming. This trend of higher premiums for public events is not unique to Pride Toronto; organizers of large

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Meet BFL Canada’s new president

November 30, 2022 by Alyssa DiSabatino

BFL Canada has appointed Lisa Giannone as president and chief operating officer, effective Jan. 1, 2023.   She succeeds Barry Lorenzetti who founded BFL in 1987. After a 35-year tenure as president and CEO, Lorenzetti will continue to serve as

News Insurance

BFL Canada founder on the catalyst for setting up his own foundation

June 21, 2021 by Jason Contant

When Barry Lorenzetti set up his family foundation a few years ago, it was with his uncle Arthur in mind. Lorenzetti, president, CEO and founder of commercial brokerage BFL Canada, remembers when his uncle would visit Lorenzetti’s home when he

News Insurance

Brian Parsons joins BFL Canada from Willis Towers Watson

April 27, 2021 by Jason Contant

BFL Canada announced Tuesday it has appointed Brian Parsons as its new president of BFL Canada’s national risk management division. The large commercial brokerage said in a press release Tuesday that it will also announce new appointments in its risk

News Insurance

The latest M&A news from BFL, NFP and Hub

December 11, 2020 by Jason Contant

A year-and-a-half after large commercial brokerage BFL Canada acquired Summit Insurance Brokers, the smaller British Columbia-based brokerage has officially been rebranded to BFL Canada Insurance Services Inc. “As of now, all the operations led in Central and Northern British Columbia

News BrokersInsuranceMergers and Aqcuisitions

BFL Canada acquires B.C. brokerage

May 15, 2019 by Jason Contant

Large commercial brokerage BFL Canada announced Tuesday the acquisition of British Columbia-based Summit Insurance Brokers Inc. Summit, based in Prince George, was founded in the late 1990s and brings expertise in industrial, commercial and farm risks to BFL Canada. Summit

News AppointmentsBrokersInsuranceProfessional Development

BFL Canada appoints vice chair

March 19, 2019 by Jason Contant

Commercial insurance brokerage BFL Canada has announced the appointment of Norman M. Steinberg as vice chair. Steinberg was appointed to BFL’s board of directors in June of 2018. He was previously global chair of international law firm Norton Rose Fulbright.

News InsuranceMarkets / CoveragesMergers and Aqcuisitions

BFL Canada receives capital injection from Quebec pension fund manager

June 28, 2018 by David Gambrill

La Caisse de dépôt et placement du Québec (CDPQ), a Quebec pension fund manager, has acquired a 20 per cent minority interest in BFL Canada, one of the largest commercial insurance brokers in Canada. The investment will help BFL Canada,

News BrokersMarkets / CoveragesTechnology

The thinking behind BFL’s ‘turnkey solution’ for cyber clients

June 25, 2018 by Greg Meckbach

Brokers looking to sell cyber insurance to commercial clients should be looking to partner with non-insurance firms specializing in security and risk assessment, one Quebec-based broker advises. “Brokers need to look at not just selling insurance but partnering, and how

News EmploymentInsuranceLegal

Broker calls court injunction against random drug and alcohol testing “scary”

March 5, 2018 by Canadian Underwriter

Alberta’s appeal court has upheld a lower court ruling that prohibits Suncor Energy Inc. from testing oil sands workers in safety sensitive positions for drug and alcohol impairment. For Sherry Barge, national transportation leader for commercial brokerage BFL Canada, the

News InsuranceLegalLegislation / RegulationMarkets / CoveragesTechnology

Pot law renews industry call for drug testing of commercial drivers

January 11, 2018 by Greg Meckbach

The federal government’s push to legalize recreational marijuana is raising concerns within the insurance industry about commercial auto safety and eliciting calls for random drug testing among commercial drivers. Once marijuana is legal, this will “have an impact on the

News InsuranceMarkets / CoveragesMergers and Aqcuisitions

Great American offers supplemental employment insurance in British Columbia through BFL

April 15, 2016 by Greg Meckbach

The Canadian branch of Great American Insurance Company is offering consumers coverage intended to supplement federal Employment Insurance benefits through brokerage BFL Canada Risk and Insurance Services Inc., BFL announced Thursday. BFL is selling the Great American coverage, dubbed SalaryGuard,