Cowan Insurance Group Maintains Canada's Best Managed Companies Status for Twelfth Consecutive Year

/ By Cowan Insurance Group

Toronto, ON | May 14, 2024 – Cowan Insurance Group has again been recognized for overall business performance and sustained growth by winning a 2024 Canada's Best Managed Companies Platinum Club designation. Companies attain Platinum Club status after retaining their Best Managed designation for seven consecutive years or more. This is the twelfth successive win for Cowan, a proven market leader in commercial and personal insurance, group benefits, and wealth management through its client-centric approach to business and commitment to innovation and excellence.

Celebrating over 30 years, Canada's Best Managed Companies program awards excellence in private Canadian-owned companies. To attain the designation, companies are evaluated on their leadership in strategy, culture and commitment, capabilities, innovation, governance, and financial performance.

"I am incredibly proud to accept the prestigious Canada's Best Managed Companies award on behalf of Cowan Insurance Group," says Martin Brodigan, Co-CEO, Cowan Insurance Group. "This remarkable achievement reflects our unwavering dedication to excellence, innovation, and client-focused service. It is a testament to our team members' dedicated work, passion, and commitment, who go above and beyond to deliver exceptional results for our clients every day. We are honoured to be recognized as among the best in the industry and remain steadfast in our mission to provide meaningful value to our clients and communities. This prestigious accolade reaffirms our portion as a trusted leader in the insurance industry, and we look forward to continuing our legacy of excellence for years to come."

Canada's Best Managed Companies is one of the country's leading business award programs recognizing innovative and world-class businesses. Hundreds of entrepreneurial companies compete for this designation yearly in a rigorous and independent evaluation process. Applicants are evaluated by an independent panel of judges with representation from program sponsors and special guests.

To become a Best Managed Platinum Club winner is nothing short of remarkable. Their continued adaptability in an era of uncertainty sets the standard for how to overcome new barriers and demonstrate resiliency at the highest levels," said Derrick Dempster, Partner, Deloitte Private and Co-Leader, Canada's Best Managed Companies program. "These companies truly impact how Canada is viewed on the world stage when it comes to the success of private business." The 2024 cohort of Best Managed companies share common themes such as having a people-centric culture, targeting effective ESG strategies, and accelerating operational digitization.

The 2024 Best Managed winners exemplify the highest Canadian business standards of innovation, adaptability, and bold leadership," said Lorrie King, Partner, Deloitte Private, Global Best Managed Leader and Co-Leader, Canada's Best Managed Companies program. "Their relentless ambition, determined focus, and strategic agility have led them to remain competitive on the world stage, creating sustainable economic growth in an evolving global market."

About Canada's Best Managed Companies

Canada's Best Managed Companies remains the mark of excellence for private Canadian-owned and managed companies. Every year since the launch of the program 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:

  • Canada's Best Managed Companies new winner: one of the new winners selected each year
  • 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
  • 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 4-6 consecutive years
  • Platinum Club member: winners that have maintained their Best Managed status for seven years or more

Program sponsors are Deloitte Private, CIBC, The Globe and Mail, and TMX Group. For more information, visit bestmanagedcompanies.ca.

About Cowan Insurance Group

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 600 employees 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 individuals wealth and asset management and financial and succession planning services and specialize in property, casualty, and credit insurance. For additional information about Cowan Insurance Group, please visit cowangroup.ca.

For more information, contact:

Joanna Swan
Manager, Communications
Cowan Insurance Group
Tel: 226-808-4155
joanna.swan@cowangroup.ca

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