Economical appoints Dr. Micheál Kelly to its board of directors

Dean of Laurier's School of Business and Economics adds extensive experience in strategy and innovation

WATERLOO, ON, April 1, 2015 /CNW/ - Economical Insurance, one of Canada's leading property and casualty insurers, today announced the appointment of Dr. Micheál J. Kelly, Dean of the School of Business and Economics at Wilfrid Laurier University, to its board of directors.

"Micheál is an established thought leader internationally," said board chair Gerald Hooper. "We look forward to benefiting from his extensive experience in building innovation systems and competitive strategies to support Economical's future growth."

He fills a vacancy left by Charles Ormston who stepped down earlier this year from the Economical board after 20 years of service.

Prior to joining Laurier in July 2012, Dr. Kelly was Professor of Strategy and International Business at the University of Ottawa's Telfer School of Management. He was also Dean of the Telfer School from 2000-2010, and is a former chairman of the Six Countries Programme, one of Europe's first innovation networks. He is a past president of the Canadian Federation of Business School Deans, and a past member of the board of directors of ESC Reims Management School in France. He is presently on the boards of Waterloo North Hydro, CATA Alliance, and the Greater Kitchener Waterloo Chamber of Commerce. He is a recipient of both the Queen Elizabeth II Golden Jubilee and Diamond Jubilee Medals.

Dr. Kelly was educated at Assumption College (AB) in Massachusetts, the University of Ottawa (MA) and Carleton University (PhD).

About Economical Insurance
Founded in 1871, Economical Insurance is one of Canada's leading property and casualty insurers, with approximately $2.0 billion in annualized premium volume and $5.2 billion in assets as at December 31, 2014. Based in Waterloo, this Canadian-owned and operated company services the insurance needs of more than one million customers across the country. Economical Insurance conducts business under the following brands: Economical Insurance, Economical, Western General, Economical Select, Perth Insurance, Family Insurance Solutions, Federation Insurance and Economical Financial.

SOURCE Economical Insurance

Doug Maybee, Economical Insurance, (T) 519.570.8249, (C) 519.404.0989, [email protected]