Gore Mutual took home the prize for Best Overall Corporate Governance at this year’s Excellence in Governance Awards took place in October in Toronto.
Now in its sixth year, the Excellence in Governance Awards are organized by Governance Professionals of Canada and recognize the critical role that good governance plays in enhancing the value of organizations and contributing to the competitiveness of Canada’s economy and its capital markets.
In addition to receiving the prestigious award for Best Overall Corporate Governance, we were also nominated for Best Practices in Strategic Planning, Oversight and Value Creation by the Board.
The Excellence in Governance Awards jury panel is composed of well-respected governance experts from across the country. The panel’s comments stated that “good governance is a direct result of good engagement” and praised Gore Mutual’s engagement as being “innovative, unique, proactive and genuinely driven by the desire to better understand and better serve its stakeholders.”
“We are honoured to receive this award,” said Heidi Sevcik, President and CEO at Gore Mutual. “As a modern mutual company built on the idea of people helping people, integrity and service excellence are incredibly important to us. This award reflects our culture of good governance and demonstrates how every one of our employees embeds governance into everything they do.”
“Overall governance is really about the combined efforts of everyone in the company,” added Sonya Stark, Chief Compliance Officer, Vice President of Corporate Affairs, Corporate Secretary, Privacy Officer and Ombudsman at Gore Mutual. “Our governance reflects who we are as people that genuinely want to do the right thing for our customers, insurance broker partners and other stakeholders. This is something everyone at Gore Mutual believes in, and it positively impacts the way we do business.”
Gore Mutual continues to experience an extraordinary period of growth in its business. In addition to being recognized for having Canada’s Best Overall Corporate Governance, the past twelve months have seen our company receive a number of awards celebrating our work environment, corporate culture, marketing, underwriting, technology and use of data and analytics.