The Purpose Imperative Canadians are feeling overwhelmed by social and economic pressures and recurring devastation from floods, fires and extreme storms. On top of constantly managing risks, liability and costs due to these conditions, the insurance industry, like all others,…
Post-pandemic, “Purpose” is no longer just a buzzword used by HR and communications professionals. Today, investing in strategic Purpose initiatives has become a business imperative – and Gore Mutual’s industry-leading Purpose Partnership recently proved why. The Purpose Partnership saw Gore…
Having completed the foundational pieces of its Next Horizon business strategy, Gore Mutual Insurance company expects to be able to operate at a combined ratio in the range of 95% to 97% going forward into 2023 and beyond, the company’s…
Gore Mutual has heavily invested in its transformation on its path to becoming a Bigger, Bolder and Better personal property market in Ontario. From enhanced service and technology to improved experiences, the company is committed to growing with its broker…
Building relationships across the industry and offering consistency can help brokers overcome a slew of future challenges, including quickening market consolidation, an impending recession, diminished capacity and the hard market, say broker executives. “In order to be able to meet…
Many Canadian P&C companies have shown their support for 2SLGBTQ+ Pride by emblazoning their company logo in rainbow colourways. But creating employee-resource groups, recruitment practices and marketing that embraces 2SLGBTQ+ employees, stakeholders and policyholders is critical for moving the dial…
James Warburton has joined Gore Mutual Insurance Company as chief information officer, effective this week. He’ll lead Gore Mutual’s technology team through the next phase of its ‘Next Horizon’ digital transformation, which aims to create “a purpose-driven, digitally led, national…
With environmental, social and governance (ESG) awareness on the rise, insurance companies are starting to hold difficult conversations with their long-standing carbon-producing partners, said three P&C insurance company executives during a Canadian Underwriter webinar on Jan. 25. In compliance with the…
The war for talent has been an ongoing struggle for the P&C industry. Mix that with the influx of workers leaving their jobs during the COVID-19 pandemic, and the search for talent has become that much more difficult. As a result, companies…
Two Canadian mutual insurers have announced they are implementing vaccination policies for their workforces. Gore Mutual Insurance Company and Wawanesa Mutual Insurance Company made the announcements earlier this week. “After hearing from employees, and keeping the health and well-being at…
Hospitality clients are starting to get coverage from multiple carriers on a subscription basis through the Business Insurance Action Team, says the CEO of one of the participating insurers. Cambridge, Ont.-based Gore Mutual is participating in the BIAT, launched in…
If multiple Juno-winner Tom Cochrane were to analyze your industry, he might say, “My Gore’s going to play in the big leagues.” Gore Mutual Insurance Company, based in Cambridge, Ont., has big ambitions. Although the mutual currently commands less than…