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BFL Canada
BFL Canada founder on the catalyst for setting up his own foundation
June 21, 2021 by Jason ContantWhen 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…
Brian Parsons joins BFL Canada from Willis Towers Watson
April 27, 2021 by Jason ContantBFL 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…
The latest M&A news from BFL, NFP and Hub
December 11, 2020 by Jason ContantA 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…
BFL Canada acquires B.C. brokerage
May 15, 2019 by Jason ContantLarge 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…
BFL Canada appoints vice chair
March 19, 2019 by Jason ContantCommercial 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.…
BFL Canada receives capital injection from Quebec pension fund manager
June 28, 2018 by David GambrillLa 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,…
The thinking behind BFL’s ‘turnkey solution’ for cyber clients
June 25, 2018 by Greg MeckbachBrokers 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…
Broker calls court injunction against random drug and alcohol testing “scary”
March 5, 2018 by Canadian UnderwriterAlberta’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…
Pot law renews industry call for drug testing of commercial drivers
January 11, 2018 by Greg MeckbachThe 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…
Great American offers supplemental employment insurance in British Columbia through BFL
April 15, 2016 by Greg MeckbachThe 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,…