The Commonwell Mutual Insurance Group rated five stars
08/04/2020

The Commonwell Mutual Insurance has been rated Five Stars in the latest report issued by Insurance Business Canada magazine

Online PR News – 04-August-2020 – Toronto, ON – Lindsay-based The Commonwell Mutual Insurance Group has been named a Five-Star Carrier in Insurance Business Canada magazine’s annual Five-Star Carriers report. The prestigious list spotlights the companies that have received the highest ratings in this year’s broker’s survey of insurance carriers nationwide by consistently providing top-notch service.

IBC asked hundreds of insurance brokers from across the country to rate their carriers on a scale of 1 (poor) to 10 (excellent) across eight categories, from underwriting expertise and quick quotes to competitive rates and claims processing. The highest-scoring companies – 24 in total, up from 16 last year - were awarded five-star designations. Moreover, The Commonwell Mutual Insurance Group is one of only four companies that earned five-star status in every single category this year, receiving the mantle of All-Star Carrier.

The name ‘The Commonwell’ represents the relationship between the company; its brokers, agents and policyholders; and the common ground they share in Ontario. Like the ‘common well’ of the past that bonded members of the community with a social gathering place and a source of sustenance, The Commonwell embodies support for the communities it serves. To best serve its broker partners, The Commonwell has significantly driven enhancements focused on the ease of doing business – both in technology and in decision-making processes. One example is the company’s COVID-19 response, which involved sending every member household $100 to use to as needed or pay it forward if they were in a position to do so. The effort was a way to help further build community and involved no extra work for the company’s broker partners.

“We consistently enhance our contact and response abilities to better service calls and remain consistent in our approach to business,” says Tim Shauf, president and CEO of The Commonwell Mutual Insurance Group. “To continue to excel and meet the needs of our clients, we strive to stay the course and look for new and creative ways to stay connected and be responsive – both with regard to COVID-19 and our day-to-day operations.”

The full report is available in issue 8.04 of Insurance Business Canada, out now or find out more about The Commonwell Mutual Insurance Group here: https://www.insurancebusinessmag.com/ca/special-reports/fivestar-carriers-2020-228650.aspx.

-ENDS-

Insurance Business is the leading independent business magazine and website for insurance brokers and advice professionals. A key business resource, Insurance Business provides daily breaking news, cutting-edge opinion and in-depth analysis affecting the industry. Insurance Business also offers a series of industry reports that recognize the achievements of key individuals and businesses as well as providing the latest in business best practice in a continually evolving industry. Part of the global Insurance Business suite of publications, IB reaches a wide readership in Australia, New Zealand, Asia, USA, Canada and UK.