BC Business
Sponsored Content
Introducing CapriCMW, B.C.'s leading insurance broker for business
David Green, one of over 60 CapriCMW Commercial Risk Advisors throughout B.C.
There has been a major shakeup in the insurance marketplace in Western Canada. Two of the largest regional brokers have made a strategic decision to join forces.
Now known collectively as CapriCMW, Capri Insurance, with 12 offices throughout British Columbia, has merged with CMW Insurance of Burnaby. In the insurance brokerage business, size matters. Together, CapriCMW now have the ability to leverage each other’s strengths while remaining dedicated to providing the same kind of professional service that their clients have benefited from for many years.
With deep roots in B.C., CMW Insurance and Capri Insurance have decades of experience serving many of the province’s best businesses. Through specialty practice teams, CapriCMW provides insurance and risk management advisory services to both corporate and personal clients. The merging of the two companies only made sense, given their shared mission: to give clients the confidence and freedom they need to focus on what matters to them.
“As an insurance broker, we help our clients manage their risk, so they can focus on what they need to do to grow their business and pursue their dreams,” says Tim Miller, co-president.
CapriCMW remains independent of any insurance company ownership influence—that independence being one of the key reasons for the merger. “With so many small companies being acquired by large multinationals, we wanted to maintain the trust and relationships we’ve developed over the years” says Miller.
Through this merger, CapriCMW will remain employee-owned and local. This distinguishes CapriCMW from many of its competitors. This very attribute has helped the organization grow to become one of the province’s top employers. Employee owners—who live and work in B.C.—are empowered to make decisions that put the needs of their employees and clients first.
“As a private and independent company, we can make efficient, strategic decisions without bureaucratic delay in the best interests of each client,” says Andrew Kemp, co-president. “With access to a wide range of insurance providers, our risk advisors do the research, legwork, and comparative analysis to help business leaders customize and secure the right type of insurance programs they need to succeed.”
Independent brokers play an important role in the industry by giving customers both choice and unbiased advice. As employee-owners, CapriCMW advisors work to gain a foundational understanding of their clients’ operations, objectives, risk profiles and exposures.
“You get advice that’s unfiltered and unbiased,” adds Kemp. “We work with you to design and implement a customized solution that is best for your particular situation—anywhere in the world.”
Now that the two brokers have merged, CapriCMW is able to leverage even greater bargaining power with the insurance companies it works with. CapriCMW has access to more than 120 insurance markets, including the world’s largest insurers.
The company has several areas of expertise, including real estate and strata, construction, manufacturing, technology, agriculture, group benefits, personal insurance and more.
Furthermore, its risk advisors can help businesses with complex and unique circumstances. It has developed specific programs for various industry groups and associations: franchises, food processors, and product manufacturers among them.
CapriCMW has locations in Burnaby, Kamloops, Kelowna, West Kelowna, Penticton, Vernon, Lake Country and Prince George.
Visit CapriCMW.ca for more.