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____ Thursday March 10, 2016 ____


Best Managed

Cowan Insurance Group Strikes Gold with Fourth Consecutive Best Managed Companies Win

Cambridge – Yesterday, Cowan Insurance Group, announced that it had reached Gold Standard status as one of Canada’s Best Managed Companies in 2015.

Established in 1993, Canada’s Best Managed Companies is one of the country’s leading business awards programs recognizing Canadian-owned and managed companies that have implemented world-class business practices and created value in innovative ways. Applicants are evaluated by an independent judging panel on overall business performance, including leadership, strategy, core competencies, cross-functional collaboration throughout organization, and talent.

“Best Managed companies embrace innovation, seize opportunities and inspire talent. They really set the bar high,” said Peter Brown, Partner, Deloitte and Co-Leader, Canada’s Best Managed Companies program.

Cowan has been selected over hundreds of applicants as one of Canada’s Best Managed Companies for four consecutive years, having first achieved the designation in 2012. Cowan has demonstrated its commitment to the program through steady continuous growth, profitability, and investment in technology, process, and people. In fact, Cowan’s team has created a culture worthy of admiration—so much so that they were recently recognized as one of Canada’s 10 Most Admired Corporate Cultures by Waterstone Human Capital.

“We are extremely honoured to have earned Gold Standard status, a prestigious distinction for business excellence based on our commitment and outstanding execution of our strategic priorities,” said Heather McLachlin, President, Cowan Insurance Group. “This award is not an individual honour. It recognizes the efforts of our entire organization, from our front line employees to our executive team. Every day I see our values at work through the innovation, collaboration, commitment, and integrity our employees bring to both Cowan and our clients. Together, these values and our behaviour drive results.”

“CIBC congratulates Cowan Insurance Group on being named one of Canada’s Best Managed Companies—a reflection of its strong leadership, sound business planning and focus on growth,” said Jon Hountalas, Executive Vice-President, Business and Corporate Banking, CIBC. “We’re proud to celebrate this outstanding achievement and applaud the entire team for their contributions to the Canadian marketplace.”

2015 winners of the Canada’s Best Managed Companies award, along with Requalified, Gold Standard, Gold Requalified winners and Platinum Club members will be honoured at the annual Canada’s Best Managed Companies gala in Toronto on April 12, 2016. On the same date, the Best Managed 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, CIBC, National Post, Smith School of Business and MacKay CEO Forums.

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