BFL Canada has revealed that its president and CEO, Barry F. Lorenzetti, has received the International Business Leader of the Year Award from the Canadian Chamber of Commerce.

According to a release from BFL Canada, the award is testimony to Lorenzetti’s dedication to and involvement with the business community and insurance industry, in both Canada and across the world. Lorenzetti launched BFL Canada 34 years ago, and the company has since become one of the largest employee-owned and operated risk management, insurance brokerage, and employee benefits consulting services firms in North America. The company is also a founding partner of Lockton Global LLP, with representation in more than 140 countries.

"It is a tremendous honour to accept the 2020 International Business Leader of the Year Award. I stand here humbled and gratified to accept this award on behalf of the 1,000 men and women of BFL CANADA, our shareholders, and our board of directors,” said Lorenzetti in a statement. “This honour is ultimately a tribute to their dedication, teamwork, and commitment to excellence.”

Lorenzetti added that BFL Canada also recognizes that the achievement can be traced to its “legacy of outstanding leaders and innovators over the past 34 years,” and for that, he is truly honoured to have been selected.

"The Canadian Chamber of Commerce is our nation's leading supporter of businesses and their vital role in building and sustaining a competitive Canada,” said Canadian Chamber of Commerce president and CEO Perrin Beatty. “I hope that, as we recognize Mr. Lorenzetti's remarkable achievements, we will come away from this evening with a renewed sense of inspiration, optimism and appreciation for both our individual and collective efforts in creating a brighter, more prosperous future for Canada.”