Toronto, ON | May 10, 2022 – Cowan Insurance Group has been recognized for overall business performance and sustained growth with the prestigious Canada’s Best Managed Companies designation for the ninth consecutive year. The 2022 Best Managed program award winners are among the best-in-class of Canadian-owned and managed companies with revenues over $50 million, demonstrating leadership in strategy, capabilities and innovation, culture and commitment, and financials to achieve sustainable growth.
Now in its 29th year, Canada’s Best Managed Companies remains one of the country’s leading business awards programs recognizing Canadian‑owned and managed companies for innovative, world‑class business practices. Every year, hundreds of entrepreneurial companies compete for this designation in a rigorous and independent process that evaluates the calibre of their management abilities and practices.
Cowan has proven itself as a market leader in commercial and personal insurance, group benefits, and wealth management through its client-centric approach to doing business and commitment to innovation and excellence.
“To become a Best Managed Platinum Club winner is a huge accomplishment,” said Derrick Dempster, Partner, Deloitte Private and Co-Leader, Canada’s Best Managed Companies program. “These companies demonstrate resilience, versatility, and strategic acuity. They have consistently proven their ability to thrive in a competitive, rapidly changing market. This year’s winners should take pride in this prestigious recognition and the important contributions they make to the Canadian business world.”
Applicants are evaluated by an independent judging panel comprised of representatives from program sponsors and special guest judges. 2022 Best Managed companies share commonalities that include (but are not limited to) putting their people and culture at the forefront, focusing on their ESG strategies and doubling down on accelerated digitization.
“I am honoured that Cowan Insurance Group has requalified for Canada’s Best Managed Companies Platinum Club status after being named one of Canada’s Best Managed Companies for the ninth consecutive year,” says Janet Peddigrew, President, Cowan Insurance Group. “This award celebrates our entire company’s tremendous efforts and commitment to our clients, employees, and maintaining our winning culture during a period of significant change while laying the groundwork for our future growth and success.”
“This year’s Best Managed winners displayed courage, resourcefulness, and creativity as they explored new avenues for advancement,” said Lorrie King, Partner, Deloitte Private and Co-Leader, Canada’s Best Managed Companies program. “We’re extremely proud to recognize their impressive achievements in such a rapidly changing business world. Their successes demonstrate the importance of strong leadership and forethought in driving long-term growth.”
2022 winners of Canada’s Best Managed Companies award will be honoured at galas across the country. The Best Managed virtual symposium will address leading-edge business issues that are key to the success of today’s business leaders.
The Best Managed program is sponsored by Deloitte Private, CIBC, The Globe and Mail, Salesforce, and TMX Group.
Canada’s Best Managed Companies continues to be the mark of excellence for Canadian-owned and managed companies with revenues over $50 million. Every year since the program’s launch in 1993, hundreds of entrepreneurial companies have competed for this designation in a rigorous and independent process that evaluates their management skills and practices. The awards are granted on four levels: 1) Canada’s Best Managed Companies new winner (one of the new winners selected each year); 2) Canada’s Best Managed Companies winner (award recipients that have re-applied and successfully retained their Best Managed designation for two additional years, subject to annual operational and financial review); 3) Gold Standard winner (after three consecutive years of maintaining their Best Managed status, these winners have demonstrated their commitment to the program and successfully retained their award for four to six consecutive years); 4) Platinum Club member (winners that have maintained their Best Managed status for seven years or more). For more information, visit bestmanagedcompanies.ca or contact bestmanagedcompanies@deloitte.ca.
As a prominent Canadian-owned and operated independent insurance brokerage and consulting firm, Cowan Insurance Group provides real value in insurance and risk management solutions to businesses, organizations and individuals. With over 500 employees and operating out of 10 locations across Canada, we partner with leading national and international insurance companies to advise on and create retirement, group benefits, disability management and international benefits programs for employee groups. We also offer wealth and asset management as well as financial and succession planning services to individuals and specialize in property, casualty and credit insurance.
For more information, contact:
Joanna Swan
Manager, Communications
Cowan Insurance Group
Tel: 226-808-4155
joanna.swan@cowangroup.ca