Risk & Business Magazine Gillons Insurance Fall 2015 | Page 6

A Busy Year at Gillons Changing Times at Gillons and in the Insurance Industry BY: MYRON ROMANIUK, PRESIDENT & CEO, GILLONS INSURANCE L ife at Gillons has been a very busy one in 2015. The Insurance Industry is changing fast and Gillons is no different with many changes occurring this past year. For Gillons, it started with the retirement of long time partners Grace and Duane Cridland who retired in the spring after 35 & 30 year careers at Gillons respectfully. Both Grace and Duane were very instrumental in helping build Gillons to what it is today and were strong supporters of the communities we transact in. We wish them all the best as they enter into the next phases of their lives. In June, Gillons’ entered into an agreement with Lake of the Woods Insurance headquartered out of Kenora to merge the two operations. Tracy McDonald, President of Lake of the Woods Insurance and a long-time acquaintance of Gillons believed it was inevitable that we would merge someday as our cultures and beliefs were similar. Both organizations felt now was the best time for the merger as it allows us to increase our strong, specialized “Northern” customer service throughout the region. With the addition of three Lake of the Woods offices, in Kenora, Longlac and Geraldton, Gillons Insurance Brokers now has representation in 11 communities throughout Northwestern Ontario. As we have expanded geographically, we saw the need to refine our Purpose, Mission and Beliefs at Gillons. Gillons continually strives to have our people 6 want to work for us. In doing so, we have implemented ways to truly inspire our staff to work for Gillons. Through constant communication and clarity, well defined career paths, training and allowing our team members to give back to the many communities and businesses who support Gillons, we are on our way to achieving this goal. Automation, efficiency and the ability to harness information effectively will be key to Gillons as we continually tweak our operation to better serve today’s consumers. I am sure by 2020 more than half of the touches and methods we use today in our brokerage will be replaced by something that doesn’t even exist right now. We also have introduced a new Leadership Operational Team and Operating Compass to help guide them along . Our Leadership Team is a breath of fresh air as they bring new ideas to the table every day, manage our day-to-day operations and constantly challenge us as an Executive to be better. New and emerging risks are pushing to the top of the “concerns” and “lack of prepared” lists across all industries. Risks like cyber, reputation, social media and hiring/retaining employees are all areas of concern. Technology is moving so fast, it is outpacing insurance products and security systems. It is an interesting fact that 85% of data breaches are due to human error such as when someone opens an email, leaves a computer on at night connected to WI-FI or enters sites that extract information. Keeping up to date with these at Gillons has allowed us to steer our customers with their business needs and we look forward to continuing on with that. This means more training for our employees and helping to prepare our customers for fast reputation management if and when something goes wrong. The speed of business seems to be increasing at an almost exponential pace. An aging workforce, generational differences, productivity, the technology revolution, disaster preparedness, organizational communication, reputational risk and emerging human resource challenges are all significant. All are evolving day by day. . I am sure if any one of us reflects back 10-15 years, the predictions then about how many businesses would be using the internet in 2015 as part of their business would be interesting. The internet has opened up an incredible dynamic and opportunity for information, marketing and sharing. Social media has literally turned customer service upside down. Consumers today are more informed and empowered & expect quicker responses. RISK & BUSINESS MAGAZINETM FALL 2015 The future truly is going to be a very challenging but opportunistic one. We at Gillons are here for the long haul and look forward to working with our client base to take this challenge head on! Myron Romaniuk, CET, CAIB, is the President & CEO at Gillons Insurance.