Hub International Ltd. is acquiring Edmonton-based employee benefits and retirement consulting firm Benefex Consulting Inc. Benefex specializes in group insurance programs, retirement, wellness solutions and special risk coverage. It serves clients in British Columbia, Yukon, Alberta, Northwest Territories, Saskatchewan and Ontario. Read: Hub names Canadian benefits leadership team, areas of service “We are excited to add another […]
The Co-operative Superannuation Society Pension Plan is making a deal with the Co-operators Group Ltd. on a longevity insurance agreement to protect its annuity offering. “CSS is very proud to have been providing an in-plan annuity option to our members for close to 50 years,” said Martin McInnis, executive director of CSS, in a press […]
Willis Towers Watson is appointing Ofelia Isabel as its new market leader for Toronto. In her new role, Isabel will be responsible for the company’s brand in the Greater Toronto Area, delivering client solutions and managing business operations and talent development. “We’re very pleased to appoint Ofelia to this leadership role as we continue to […]
Aon is appointing Brad Lorimer as executive vice-president and health leader in Canada. Since Lorimer joined the consultancy 13 years ago, he led several national practice groups across Canada, including the financial services group and cyber solutions. Prior to joining Aon, he worked at Chubb Insurance and and Scotiabank. “Brad has a deep knowledge of […]
Willis Towers Watson has promoted Wendy Poirier to the role of global well-being leader. With the consulting firm since 2005, Poirier’s previous roles include innovation leader, growth leader and region leader in health and benefits for Canada. She also spent 10 years as a managing principal at Towers Perrin before it became Willis Towers Watson. At the beginning […]
Arthur J. Gallagher & Co. has acquired Sinclair Billard and Weld Ltd. and CJM Solutions + Inc., which do business under the name SBW Employee Benefits. The Halifax-based organization designs, administers, markets and manages group benefits programs and defined contribution plans for employers and associations across Atlantic Canada. It also provides consulting advice on employee […]
The Swedish word “tack” translates to “thank you,” which is precisely what IKEA is saying to employees with its Tack! loyalty program. In Canada, the program operates as a deferred profit-sharing plan and is part of employees’ total rewards package. “The [program] was launched in 2013 based on the wish of IKEA founder Ingvar Kamprad […]
The outsourced chief investment officer market could be reaching its natural maturity, according to a new survey by Cerulli Associates Inc. Globally, OCIO assets under management nearly reached US$2 trillion at the end of 2018. While the U.S. experienced 7.8 per cent growth over the past year, the report noted growth may prove more modest in the coming […]
Hub International Ltd. is expanding its Canadian employee benefits and retirement services with six key service areas. It also named its employee benefits leadership team for the country, including Robert Taylor of TRG Group Benefits, which was acquired by Hub in January; Hub chief innovation officer Faizal Mitha; Mary-Lou MacDonald, Hub’s national practice lead of health and […]
Hub International Ltd. has acquired the assets of Winnipeg-based benefits consulting firm W.R. Carey Corp. W.R. Carey provides a wide range of programs to employers, including benefits plan consulting and group retirement services. Bill Carey, the firm’s president, and all of its employees will join Hub International Manitoba Ltd. Read: Hub acquiring Alberta-based employee benefits consultancy “Carey Corp. […]