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August 16, 2023

Toronto, August 16, 2023 – The Insurance Brokers Association of Canada (IBAC) is pleased to announce that The Commonwell Mutual Insurance Group (Commonwell) has maintained its support of the Broker Identity Program (BIP) at the Full Partner level.

The sponsorship from The Commonwell will support IBAC’s Broker Identity Program (BIP), a national advertising campaign that raises awareness of the significant value that insurance brokers provide for their clients – choice, advice and advocacy.

In addition, their investment will contribute to important IBAC initiatives including IBAC’s technology leadership, professional development of the broker workforce, and our strong and effective federal advocacy to maintain the separation of banking and insurance, which protects consumers and promotes a fair and competitive marketplace.

“The Commonwell is proud to continue to support the work that IBAC does though it’s Broker Identity Program as they raise awareness of the value a broker provides during a customer’s insurance journey.” said Tim Shauf, President and CEO of The Commonwell Mutual Insurance Group.

IBAC Chief Executive Officer Peter Braid added: “We greatly appreciate The Commonwell’s continued partnership, and their strong commitment to the broker channel. This renewed investment underscores the important role of brokers in ensuring that clients receive expert advice and customer service in their insurance transactions.”

About The Commonwell Mutual Insurance Group:

The Commonwell Mutual Insurance Group is built on 125 years of hands-on commitment to the communities located within Commonwell Country. The Commonwell maintains a focus on local presence and service that builds strong long-term relationships for the benefit of the greater community.

About IBAC:

Founded in 1921, the Insurance Brokers Association of Canada is the national voice of property and casualty insurance brokers, advocating for the interests of both insurance brokers and consumers to the Government of Canada. The Broker Identity Program (BIP) was launched in 1988 to promote the value and professionalism of the insurance broker to consumers, insurers and governments.

For further information, please contact:

Denys Bégin, Manager, Marketing & Communications
Insurance Brokers Association of Canada
416-367-1831 ext. 160 or [email protected]

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