IBAO presents 2011 Awards of Excellence

Insurance Brokers Association of Ontario (IBAO) presented its 2011 Awards of Excellence  during the Gala on the final night of its 91st Annual Convention in Toronto on Oct. 21. This is the third year the IBAO has recognized its outstanding members for the work they do in the industry and in their respective communities. The […]

November 30, 2011 | Last updated on October 1, 2024
1 min read

Insurance Brokers Association of Ontario (IBAO) presented its 2011 Awards of Excellence  during the Gala on the final night of its 91st Annual Convention in Toronto on Oct. 21. This is the third year the IBAO has recognized its outstanding members for the work they do in the industry and in their respective communities. The awards include four categories: including Broker of the Year, Brokerage of the Year, Young Broker of the Year and Affiliate Achievement.

IBAO President Peter Burns presented the following Awards of Excellence:

1) BROKER OF THE YEARCraig Musico, Callister Musico Insurance Group Inc., Sarnia.

2) BROKERAGE OF THE YEAR (more than 10 brokers)Donovan Insurance Brokers Inc., Waterloo.

3) YOUNG BROKER OF THE YEARMorgan Girouard,All Insurance Ontario Limited, Orleans. 

4) AFFILIATE ACHIEVEMENTOttawa Insurance Brokers Association.

5) BROKERAGE OF THE YEAR (fewer than 10 brokers)Johnston & Mackie Limited, Pembroke.

Other honours and special recognition presented at the IBAO 91st Annual Convention included:

6) Wallace E. Wood Memorial AwardBryan Yetman, IBAO Chairman.

7) Beyond Best in Class GraduatesSteve Wagler, Scott Wagler, Chris Hill, James Chmiel, Daryl Hudson, Jamie Ostic, Kathy Richardson and Catherine Wilson.

8) CEO Panel and IBAO Executive

9) Rick Orr, IBAO Incoming President.

10) Presidents Award Scroll Peter Burns, IBAO President.

Getting ghosted: Aviva warns of scam brokers selling fake insurance

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Getting ghosted: Aviva warns of scam brokers selling fake insurance

Aviva Canada is warning consumers to beware of an Alberta-based ghost broker that’s claiming to be affiliated with Aviva, but is instead selling fake insurance policies.  “It has come to our attention that Canadians are being scammed by representatives of a company known as AllcoveredbyAviva or Allcoveredbrokers, operating out of Alberta,” says Jamie Lee, head of financial crime […]

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How brokerages can raise capital for M&A

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How brokerages can raise capital for M&A

With current brokerage valuation multiples sometimes as high as 15 to 20 times EBITDA (earnings before interest, taxes, depreciation and amortization), buying a business is challenging for anyone without access to significant capital. So, how do brokerages finance their deals? “Aside from borrowing from banks, raising capital from insurers or private equity (PE) still continues […]

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U.S. insurer shares entry plan for Canadian affluent home, auto markets

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U.S. insurer shares entry plan for Canadian affluent home, auto markets

Clear market demand was behind U.S. carrier PURE Insurance’s entry into the Canadian affluent homeowners’ insurance market and plans to enter the auto insurance space next year, the head of the insurer’s Canadian branch told Canadian Underwriter in an interview Tuesday. “From a broker perspective, what we hear from our brokers is there’s definitely a […]

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