WATERLOO, ON, June 4, 2014 /CNW/ - Economical Insurance is pleased to welcome Hans Reidl as vice-president, finance, reporting
directly to Phil Mather, Economical's chief financial officer.
"Hans brings strong operational expertise and experience in financial
reporting within a public company environment, integral to our
continued focus on demutualization and public company readiness,"
Mather said. "He leads our corporate financial accounting and reporting
teams, the financial planning and analysis team and the finance
operations function. Hans also provides oversight and support to the
reinsurance and procurement functions."
Most recently, he was vice-president, finance at ATS Automation Tooling
Systems in Cambridge where he acted as the finance lead for a number of
divisions as well as having previous corporate controller
responsibilities. Prior to ATS, he was a senior manager in the
assurance and advisory services practice with Ernst & Young in
Kitchener-Waterloo where he worked with a number of financial services
About Economical Insurance
Founded in 1871, Economical Insurance is one of Canada's leading
property and casualty insurers, with $1.9 billion in annual premium
volume and $5.0 billion in assets as at March 31, 2014. Based in
Waterloo, this Canadian-owned and operated group services the insurance
needs of more than one million customers across the country. In 2010,
Economical announced its decision to become the first
federally-regulated mutual property and casualty insurance company to
pursue demutualization. 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.
SOURCE: Economical Insurance
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