Insurers make it to Best Employers list by Forbes

Companies recognized for offering supporting workplace and work-life balance

Insurers make it to Best Employers list by Forbes

Insurance News

By Lyle Adriano

A total of 14 insurance companies made it to the list of Canada’s best employers, as prepared by Forbes.

The list was made using survey data from about 8,000 Canadian employees—81% full-timers—who were asked to rate their willingness to recommend their own companies on a scale of one to 10. In total, 300 companies were ranked according to how highly recommended they were by employees.

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Highest among the insurance companies that placed on the list was CAA Quebec, in 45th place. Although more of an automotive club, CAA Quebec does offer a suite of insurance options for both members and customers. The company boasts numerous benefits for its employees, and even provides onboarding support and guidance for up to 100 days to new hires.

The next highest insurer on the list was Manitoba Public Insurance (MPI), in 50th. The non-profit provincial Crown corporation has always been one of Manitoba’s top employers, offering employer-paid flexible health benefits (which includes life and disability insurance), discounted gym memberships, employee-chosen charity campaigns, and peer-based employee recognition programs.

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Great-West Life Assurance Company came in at 60th, the next highest. The life insurance company based in Winnipeg provides its employees with “competitive compensation and benefits, superior professional development and training and a supportive workplace committed to wellness and work-life balance.” For a life insurer, the company also takes great pains to take good care of its workforce through dynamic means, such as social sporting events and mental health initiatives

The complete list of insurers that made the list is as follows:

  • #45 CAA Quebec
  • #50 Manitoba Public Insurance
  • #60 Great-West Life Assurance Company
  • #62 WorkSafeBC
  • #85 La Capitale
  • #102 The Co-operators
  • #134 Industrial Alliance Insurance
  • #155 Intact Financial
  • #171 Insurance Corporation of British Columbia (ICBC)
  • #176 Alberta Blue Cross
  • #186 Medavie Blue Cross
  • #227 belairdirect
  • #240 SSQ
  • #254 Allstate Insurance

 

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