Economical Insurance Wins Platinum in Waterloo Region Healthy Workplace Awards

By: Doug Maybee
| Published 11/02/2016


Economical Insurance is delighted to announce that today the company won Platinum in the 2016 Waterloo Region Healthy Workplace Awards. This prestigious award recognizes Economical, one of Canada’s leading providers of home, auto and commercial insurance, for achieving the Gold Level standing for the fourth consecutive year for its health promotion strategies in awareness raising, skill building, supportive environment and policy development.

While studies show that more than half of Canadians will suffer from two or more chronic diseases, Economical has dedicated significant time and resources to making health and wellness a priority to keep employees healthy and strong.

“We are thrilled to be recognized for the efforts we make to stay health conscious,” said Louise Taylor Green, SVP and Chief Human Resources Officer at Economical. “People and culture is a major driver of our profitable growth strategy and we believe it is important to encourage our employees to make healthy choices and give them the opportunities to participate in them at work.”

In 2016, Economical’s wellness program focused on mental health. Previously, Economical won the Innovator Award and Platinum Level award in 2015, a Gold Level award for the company’s ‘Mind, Body & Soul’ challenge in 2014, and a Gold Level award for its Stride into Summer walking challenge in 2013.

The Healthy Workplace Awards recognize and celebrate workplaces in Waterloo Region that demonstrate a strong commitment to improving the health of their employees. Region of Waterloo Public Health says that workplaces with comprehensive wellness programs find that their employees’ morale improves, energy increases, stress and injuries are reduced, and health is improved overall.

About Economical Insurance
Founded in 1871, Economical is one of Canada’s leading property and casualty insurers, with $2.0 billion in premiums during 2015 and $5.3 billion in assets as at June 30, 2016. Based in Waterloo, this Canadian-owned and operated company services the insurance needs of more than one million customers across the country. Economical conducts business under the following brands: Economical Insurance, Economical, Western General, Economical Select, Perth Insurance, Sonnet, Economical Financial, and Family Insurance Solutions.