Economical advancing diversity and inclusion

WATERLOO, ON, Sept. 15, 2016 /CNW/ - Canadians are fortunate to live in one of the most diverse pluralist societies on earth. Diversity in Canada extends beyond race and ethnicity. It spans language, gender, religious affiliations, sexual orientation, abilities and economic status. It also includes diversity of thought.

Economical Insurance, one of Canada's leading providers of home, auto and commercial insurance, is taking steps to ensure that its employees are representative of the diverse Canadian population.

"We are creating an inclusive environment where we are attracting and retaining top talent and have a workforce that is reflective of the customers we serve," said Louise Taylor Green, Chief Human Resources Officer at Economical.

"At the end of September, we are bringing together a group of leaders and employees representative of the diversity at Economical, to build the foundation of a diversity and inclusion strategy that we will launch in early 2017," said Taylor Green.

"We believe we are stronger together when our unique perspectives, shaped by our experiences and backgrounds, are valued and appreciated," added Taylor Green. "By leveraging diversity, we can build an even more inclusive workplace that enables employees to contribute fully to organizational success. A workforce that is reflective of the customers we serve will enable us to understand our customer base and position us as an industry leader."

The session will feature a keynote address by Olympic champion Mark Tewksbury on the value of diverse perspectives and how unconscious bias hampers progress and innovation. Bill McLean, Partner, People and Organization Consulting at PwC, will also talk about the value of diversity and inclusion to an organization and will speak to some of the latest research and leading practices.

"Diversity is a source of strength, particularly diversity of thought," said Taylor Green. "Economical is a diverse company; however, we want to get better at acknowledging, accepting and embracing the differences that exist among our employees. We believe that fully embracing diversity will help us attract and retain top talent, lower turnover, and enhance productivity."

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 $5.4 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.

SOURCE Economical Insurance

For further information: Doug Maybee, Manager, Public and Media Relations, Economical Insurance, (T) 519-570-8249, (C) 519-404-0989


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