PRINCETON, ON, Jan. 16, 2015 /CNW/ - Frank Cowan Company is pleased to announce the Municipality of Clarington, Ontario as the winner of the 2014 Excellence in Municipal Risk Management Award valued at $10,000.
The Municipality of Clarington recognized risks associated with special events held on both municipal and private property and introduced new by-laws that provide a proper and consistent approach to regulating special events, protecting the health and safety of the community and avoiding unnecessary disruptions and adverse risk caused by an event.
"We won on the basis of our special events planning. This is something notable that Frank Cowan Company can see being taken across the province to help mitigate some of the issues with special events and the liability that arises out of them," said Mayor Foster, Municipality of Clarington.
Frank Cowan Company is dedicated to assisting municipalities develop strong risk management practices, which is why it launched the Excellence in Municipal Risk Management Award. This award recognizes the advancements of the practice of risk management in the municipal sector.
"I would like to thank all who applied and congratulate the Municipality of Clarington on winning this award. This initiative demonstrates that meaningful risk management doesn't have to be complicated or expensive. Strategic risk management can make a difference in helping to reduce claims and associated costs," said Larry Ryan, President, Frank Cowan Company.
The award, valued at $10,000, is open to every municipality in Canada. To qualify, a municipality needs to have recognized a risk within their operations and developed and successfully implemented a solution that prevents harm or injury to its assets or a third party. The risk management solution must also have the potential to be adopted by other municipalities.
As a Corporate Partner of the Federation of Canadian Municipalities (FCM), the award will be presented at the 2015 FCM Sustainable Communities Conference and Trade Show (February 10-12, 2015) in London, Ontario.
Frank Cowan Company, a leader in municipal insurance for over eight decades, continues to invest heavily in its risk management program in an effort to help clients become more proactive and enabled. A solid risk management plan helps municipalities control costs associated with claims, litigation and expenses.
Within the past three years, Frank Cowan Company has initiated a GPS system, launched its Risk Management Centre of Excellence resource library and implemented a weather monitoring portal all in efforts to assist municipal clients with risk prevention.
Visit www.frankcowan.com for more information and to download a complete Excellence in Municipal Risk Management nomination package.
About Frank Cowan Company
Frank Cowan Company is a Canadian leader in providing specialized insurance programs, including risk management and claims services for municipalities and public service, healthcare, education, community, children's and social service organizations across Canada. Proven industry knowledge, gained through over 87 years of partnering with insurance companies and independent brokers, gives Frank Cowan Company the ability to effectively manage the necessary risk, advisory and claims services for both standard and complex issues.
Frank Cowan Company's head office is located in Princeton, Ontario with a branch office in Cambridge, Ontario. Clients and broker partners receive support out of both locations.
For additional information about Frank Cowan Company visit www.frankcowan.com. For risk management thought-leadership articles, checklists and tools visit excellence.frankcowan.com.
SOURCE Frank Cowan Company
Image with caption: "Frank Cowan Company (CNW Group/Frank Cowan Company)". Image available at: http://photos.newswire.ca/images/download/20150116_C6443_PHOTO_EN_10299.jpg
Caryn McLean, Manager, Marketing & Communications, Frank Cowan Company, 1-800-265-4000 ext. 55344, [email protected]
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