Manjinder Singh knows to stay clear of trucks when driving on Toronto’s highways— because he sells them insurance.
Singh, managing partner of Young’s Insurance Brokers in Brampton, Ont., feels the number of truck accidents is too high in Canada. “It’s getting worse and worse each year,” says Singh. “Trucks are very heavy—they can carry 50,000 pounds. If they hit someone, the impact is huge. The injuries are mostly catastrophic.”
https://www.nbfc.com/wp-content/uploads/2015/08/TruckOnFire-93086117.jpg649800Northbridge Financial/wp-content/uploads/2015/06/nb_fairfax_smallscaleuses_300x167px-EN.pngNorthbridge Financial2015-03-20 14:40:582018-05-15 15:24:03Scott Creighton talks to CI Top Broker magazine about untrained truckers hitting the road
The recognition comes as a part of Report on Business’ third annual ranking of Canada’s most valuable brands. Competing with some sure Canadian bets, Northbridge made the list for the first time this year. This recognition comes just three years after Northbridge was introduced to the Canadian market, marking an important milestone in the company’s journey.
“In 2012, we brought four strong commercial lines insurance companies together to form Northbridge, a leading Canadian commercial lines insurer,” said Silvy Wright, President and CEO. “Since then, we’ve built on our shared strengths to build our reputation as a company committed to delivering an exceptional customer experience to Canadian businesses. That’s at the core of what our business is all about.”
https://www.nbfc.com/wp-content/uploads/2015/02/top100Brands.png300800Northbridge Financial/wp-content/uploads/2015/06/nb_fairfax_smallscaleuses_300x167px-EN.pngNorthbridge Financial2015-02-27 16:26:582016-03-30 15:08:12Northbridge recognized as one of Report on Business’ Canada’s Top 100 brands
“Investing in modernizing operations to deliver better service to customers at every touch point – sales, service and claims handling – will continue to be a trend in the year ahead. As customers increasingly expect tools and information to be available digitally, insurers can anticipate more innovative uses of technology to interact with customers.”
https://www.nbfc.com/wp-content/uploads/2015/08/canadianUnderwriter2014.jpg877900Northbridge Financial/wp-content/uploads/2015/06/nb_fairfax_smallscaleuses_300x167px-EN.pngNorthbridge Financial2015-01-05 15:07:242018-05-15 15:24:07Silvy Wright shares her views on the key trends affecting the Canadian P&C market in 2015 and how the industry should respond with Canadian Underwriter
Mother Nature, human nature and the nature of technology
Although they may feel like opposing forces, evolving technology and changing weather are working to alter both the trucking industry and the people in it.
Silvy Wright, president and CEO of insurance provider Northbridge Financial Corp., told the audience in the main hall at the 2014 Surface Transportation Summit that trucking companies need to be willing to respond to both the new realities imposed by man-made and naturally generated forces.
https://www.nbfc.com/wp-content/uploads/2015/08/trucks-153202632.jpg563900Northbridge Financial/wp-content/uploads/2015/06/nb_fairfax_smallscaleuses_300x167px-EN.pngNorthbridge Financial2014-12-02 15:28:162019-01-03 14:53:02Silvy Wright, President and CEO of Northbridge, shares her thoughts on key trends impacting the trucking industry at the 2014 Surface Transportation Summit
We live and work in an increasingly connected world, where employees and customers alike can easily share a wealth of information. A recent survey by Media Technology Monitor found that 71% of Internet users are now active on social media, and the interest in platforms such as Facebook, LinkedIn and Twitter continues to grow. This is all a good thing – as long as the online conversations are managed against the backdrop of an effective social media strategy.
Any corporate strategy designed to manage such messages begins with a clear understanding of how different social media platforms are used. LinkedIn, for example, gives business professionals a place to share everything from contact details to virtual resumes and recommendations. Facebook, which according to Media Technology Monitor reaches a whopping 93% of Canada’s social media users, tends to be a stronger platform for personal and lifestyle-related posts. Twitter’s 140-character bites of information offer a quick way to share news and engage in related conversations.
https://www.nbfc.com/wp-content/uploads/2015/08/socialMedia-181492494.png800800Northbridge Financial/wp-content/uploads/2015/06/nb_fairfax_smallscaleuses_300x167px-EN.pngNorthbridge Financial2014-08-27 15:51:232018-05-15 15:24:19Northbridge Insurance shares social media advice with Truck News
At Northbridge Insurance, digging deeper and going further than anyone else in the industry to understand their customers’ unique business insurance needs is what has made them the kind of company customers and brokers know they can always rely on. Headquartered in Toronto, Ontario, with regional offices in Vancouver, Calgary, Edmonton, Montreal, Quebec City and Halifax, the firm serves a Canada-wide market, currently controls over $5.6 billion in total assets and has approximately 1500 employees.
https://www.nbfc.com/wp-content/uploads/2015/08/canadianBusiness.jpg547800Northbridge Financial/wp-content/uploads/2015/06/nb_fairfax_smallscaleuses_300x167px-EN.pngNorthbridge Financial2014-08-14 16:56:022018-05-15 15:24:21Northbridge Insurance profile in Canadian Business Journal
Insurance Institute of Canada elects new board members
The Insurance Institute of Canada celebrated its 60th annual general meeting in Toronto, Ontario on October 19, 2013, electing Silvy Wright as its chair of the board of governors. The Insurance Institute is the premier professional education body for the property & casualty insurance industry in Canada.
https://www.nbfc.com/wp-content/uploads/2013/11/IIS-background.jpg320800Northbridge Financial/wp-content/uploads/2015/06/nb_fairfax_smallscaleuses_300x167px-EN.pngNorthbridge Financial2013-11-06 17:06:462018-05-15 15:24:23Silvy Wright elected chair of the Insurance Institute board of governors
Majority of Canadians say youth are unprepared for the job market
Canadian youth are settling back into school this month, with their sights firmly set on their future careers. But some are unprepared for the job market when they graduate, creating industry-specific labour shortages that weigh heavily on the economy, says Pathways to Education Canada.
The not-for-profit, which helps youth in low-income neighbourhoods graduate from high school by providing mentorship, tutoring and financial assistance, recently commissioned a survey with Vision Critical that found most Canadians (54 per cent) believe youth are not even moderately prepared to meet the needs of the emerging job market.
Silvy Wright, CEO of Northbridge Financial Corporation, is pleased to announce the appointment of Wayne Connelly as President of Federated Insurance, effective June 1, 2013.
Wayne has been with Federated Insurance since 1995 and has held a number of key leadership positions throughout his career with the company. In his new role as President, Wayne will be responsible for leading and guiding the company’s continued evolution and will be based at the company’s head office in Winnipeg.
Wayne succeeds John Paisley, who is retiring after serving 23 years as President. John leaves behind an impressive legacy, presiding over a highly successful and profitable growth period for the company.
“We are very pleased to have found John’s successor from within Federated’s own leadership team,” said Silvy. “Wayne has demonstrated strong leadership abilities over the years and has been instrumental in evolving Federated Insurance into the company it is today.”
https://www.nbfc.com/wp-content/uploads/2015/06/wyane.jpg500780Northbridge Financial/wp-content/uploads/2015/06/nb_fairfax_smallscaleuses_300x167px-EN.pngNorthbridge Financial2013-05-14 17:52:502016-03-30 15:08:55Wayne Connelly named President of Federated Insurance
Northbridge Financial Corporation is pleased to announce the appointment of Lambert Morvan to the position of Chief Underwriting Officer. In his new role he will have oversight over the corporate underwriting and actuarial teams.
Lambert is a Fellow of the Casualty Actuarial Society and has more than 17 years of experience in the Canadian insurance and reinsurance market. During the past 12 years, he has served in senior management and actuarial positions within the Fairfax group of companies, most recently with Odyssey Reinsurance Company as their Senior Vice President & Chief Agent.
“Lambert’s actuarial background, experience and knowledge of the industry make him the perfect candidate for this new role,” said Silvy Wright, Chief Executive Officer of Northbridge Financial Corporation. “He and his team will play an important role in our growth strategies as they continue to build on our underwriting and pricing capabilities.”
