In the group benefits world, the first rumblings of the effects of the coronavirus pandemic came when plan sponsors started asking, as early as January, about their travel insurance provisions. “Clients were worried about their business travellers and expatriate employees, in China mostly, and afterwards for their employees travelling for their winter vacations,” said Daniel […]
Mercer is appointing Monika Freyman as Canadian head of responsible investment and David Fanger in the same role for the U.S. In the roles, Freyman and Fanger will lead the delivery of sustainable investment advisory and solutions services to institutional investors. “David and Monika each bring decades of institutional knowledge and passion for social and environmental […]
People Corp. has appointed Brevan Canning as president, effective May 21. Since joining the organization when it was created in 2007, Canning has held senior management positions across third-party administration, collective benefits consulting and shared services. Most recently, he was executive vice-president and head of benefits solutions. Read: People Corp. acquires Sirius Benefit Plans for $15M “[Canning] […]
The Pension Investment Association of Canada is raising concerns about the impact of the impending merger between Aon and Willis Towers Watson on pension plans and funds in Canada. In a letter to the Competition Bureau, Simon Fréchet, the association’s chair, said the PIAC’s members use actuarial consulting services to support the effective fiduciary management […]
Employee benefits consulting firm the Leslie Group Ltd. is merging with Marathon Benefit Corp. to increase its footprint in Western Canada. “The addition of Marathon to our organization continues our commitment to our clients to provide a high level of service,” said Shawn Leslie, president and chief executive officer of the Leslie Group, in a […]
The Caisse de dépôt et placement du Québec is making a number of personnel changes as part of its response to the economic challenges. “At the beginning of the year, it was clear that the challenges of the next decade would be very different from the last decade’s challenges,” said Charles Emond, president and chief […]
Aon and Willis Towers Watson are set to join forces in an all-stock deal for a combined implied value of about $80 billion. The new company will be called Aon and will be headquartered in London. John Haley, Willis Towers Watson’s chief executive officer, will be the new firm’s executive chairman, while Greg Case, CEO of […]
Morneau Shepell Ltd. is selling its benefits consulting business to Hub International Ltd. The benefits component of Morneau Shepell’s consulting business, which represents about three per cent of its revenue, sold for $70 million. “We are very focused on our growth strategy, which includes being clear market leaders in the businesses in which we operate, […]
An Ontario group benefits advisor is calling on Canadian insurers to change a long-term disability practice that adversely affects employees at small companies. Dave Patriarche, president of Mainstay Insurance Brokerage Inc. and founder of the Canadian Group Insurance Brokers, is asking Canada’s major insurers to make a small administrative change that would ensure employees at […]
Hub International Ltd. is acquiring employee benefits consulting firm Azur Consulting Services Inc. Based in Longueuil, Que., Azur provides group and health benefits solutions for its clients. As part of the transition, Azur’s president Paul Ethier will join Hub International Quebec Ltd. Read: Hub acquiring Edmonton benefits, retirement consultancy