New multi-year partnership with commitment of $450,000 over three years
WATERLOO, ON, July 18, 2013 /CNW/ - Recent flooding in Alberta and
intense rain in Southern Ontario demonstrate that Canadians are facing
the increasing impact of climate change. Severe weather is jeopardizing
lives, property and livelihoods. And it isn't getting better.
To help Canadians better manage emergency situations, Economical Insurance is committing $150,000 annually for three years in a new National
Disaster partnership with the Canadian Red Cross to provide 175 emergency preparedness sessions to more than 3,500
people annually across the country, including Calgary, Edmonton,
Vancouver, Halifax, Moncton, Hamilton, Kitchener-Waterloo, London,
Toronto, Mississauga and Ottawa regions.
"We are proud to partner with the Canadian Red Cross and help build
safer communities" said Karen Gavan, Economical's president and CEO.
"Through this National Disaster partnership, we are helping Red Cross
deliver training that helps prepare people for emergencies so they are
better able to help themselves and assist those who cannot, including
children, isolated seniors and persons with disabilities."
This training helps individuals cope during the first 72 hours following
an emergency. It is designed to reduce personal injury and loss of life
and enhance community resiliency.
Currently, the Canadian Red Cross delivers at least 850 emergency
preparedness sessions across Canada to some 15,000 individuals.
"From individual house fires to flooding that affects entire
communities, the Canadian Red Cross has the resources to help people
prevent, prepare for and respond to any emergency," says Conrad Sauvé,
secretary general and CEO of the Canadian Red Cross. "Thanks to this
three-year partnership with Economical Insurance, we will be able to
reach more Canadians with important information to help ensure families
are prepared for disasters."
For more information on how to prepare for an emergency and how to take
care of yourself and your loved ones, visit www.redcross.ca/ready.
About Economical Insurance
Founded in 1871, Economical Insurance is one of Canada's leading
property and casualty insurers, with more than C$1.8 billion in
premiums and more than C$4.7 billion in assets. Based in Waterloo, this
Canadian-owned and operated group services the insurance needs of more
than one million customers through 17 branches and service offices
across the country. In 2010, Economical announced its decision to
become the first federally-regulated mutual property and casualty
insurance company to demutualize. Economical Insurance conducts
business under the following brands: Economical Insurance, Economical,
Western General, Economical Select, Perth Insurance, Family Insurance
Solutions, Federation Insurance and Economical Financial.
About the Canadian Red Cross
The Canadian Red Cross is a member of the International Red Cross and
Red Crescent Movement, which includes the International Federation of
Red Cross and Red Crescent Societies, the International Committee of
the Red Cross and 187 National Red Cross and Red Crescent Societies.
Our mission is to improve the lives of vulnerable people by mobilizing
the power of humanity in Canada and around the world.
SOURCE: Economical Insurance
For further information: