Canadian Manufacturers & Exporters

Canadian Manufacturers & Exporters

January 12, 2011 13:57 ET

CME and Zurich Announce Strategic Alliance to Offer Manufacturers and Exporters More Coverage

TORONTO, ONTARIO--(Marketwire - Jan. 12, 2011) - Canadian Manufacturers & Exporters (CME) and Zurich Canada today announced a strategic business alliance that will help Canadian manufacturers and exporters thrive during the fragile economic recovery.

Canada's leading trade and industry association and Zurich Canada are joining forces to provide CME members with a wide suite of products. As CME's preferred business insurance provider, Zurich Canada is offering additional manufacturing insurance coverages at no additional charge for those manufacturers who place their business insurance with Zurich.

"In these tough economic times, it's our mission to make a difference for our membership," says CME President & CEO, Jayson Myers. "Associating with an industry leader like Zurich Canada, not only helps our members save money, but reinforces our commitment to provide superior services from the best suppliers for Canadian manufacturers and exporters, all at the best cost."

"At Zurich Canada, we've been focused on providing the best insurance solutions for Canadian manufacturers for over 50 years now, so joining forces with the CME is a natural fit for us," says Martin Lynch, national director, Manufacturing Middle Market, Zurich Canada. "CME has been the foremost voice of Canada's manufacturing sector for more than 100 years and we were looking to team up with the best of the best. That's what we found with the CME - an organization that puts Canadian manufacturers' and exporters' interests first."

The new member savings program provides CME members with extra insurance protection in three critical areas: $50,000 in coverage for manufacturers' errors and omissions insurance, another $50,000 worth of coverage for enhanced pollution liability and $100,000 of coverage for terrorism against property. To make the additional insurance available to more members, Zurich Canada has dropped its minimum premium to $20,000 from its standard $25,000 minimum - exclusively for CME members. Members should contact their broker to ensure they receive a Zurich quote.

"This is just the beginning of a long-term relationship with Zurich Canada," Myers adds. "We intend to work together to address the ever-changing risk needs of manufacturers and exporters across Canada."

The Zurich Canada offering adds to CME's customized member supplier program that features discounts on forklifts through Canadian Forklift Distributors Limited; reduced rates on home and auto insurance through Tripemco Burlington Insurance Group Limited; solutions to reduce your energy consumption and costs and preferred rates on outsourcing of IT through ProFitness Advisors Group Limited and labour dispute management, supplemental labour, employee investigations and high risk termination training and response intelligence in partnership with AFI International Group Inc.

About CME

Canadian Manufacturers & Exporters (CME) is Canada¹s leading trade and industry association and the voice of manufacturing and global business in Canada.

The association represents more than 10,000 leading companies nationwide. More than 85% of CME's members are small and medium-sized enterprises. As Canada's leading business network, CME, through various initiatives including the establishment of the Canadian Manufacturing Coalition, touches more than 100,000 companies from coast to coast, engaged in manufacturing, global business and service-related industries.

CME's membership network accounts for an estimated 82% of total manufacturing production and 90% of Canada's exports.

About Zurich, Canada

Zurich in North America is a part of Zurich Financial Services Group (Zurich), an insurance-based financial services provider with a global network of subsidiaries and offices in North America and Europe as well as in Asia Pacific, Latin America and other markets. Founded in 1872, the Group is headquartered in Zurich, Switzerland and employs approximately 60,000 people serving customers in more than 170 countries, including more than 9,500 employees in North America. 

In Canada, Zurich is focused on developing solutions for: Canadian corporations with customers in construction, transportation, manufacturing and environmental industries, and groups and associations in niche markets.

Contact Information

  • Canadian Manufacturers & Exporters
    Jeff Brownlee
    VP of Public Affairs and Partnerships
    Zurich Canada
    Naomi Dummett
    Communications Manager