June 24, 2017 5:12 PM ET

Insurance

Company Overview of Western Financial Group Inc.

Company Overview

Western Financial Group Inc. provides personal and business insurance services. Its personal insurance products include automobile and home insurance; life and health insurance products, such as life, critical illness, disability, and health and dental insurance; and travel, watercraft, legal protection, and title insurance. The company also offers business insurance products, including farm, employees, property and liability, group, and specialty insurance and programs. In addition, it provides investment and financial services. Western Financial Group Inc. was formerly known as Hi-Alta Capital Inc. and changed its name to Western Financial Group Inc. in May 2002. The company was incorporat...

1010 - 24 Street SE

High River, AB T1V 2A7

Canada

Founded in 1995

1,500 Employees

Phone:

403-652-2663

Fax:

403-652-2661

Key Executives for Western Financial Group Inc.

Chief Executive Officer and President
Founder and Vice Chairman of the Board
Age: 54
Compensation as of Fiscal Year 2016.

Western Financial Group Inc. Key Developments

Desjardins Reportedly To Sell Western Financial Unit

Mouvement des caisses Desjardins (Desjardins) is planning to sell Western Financial Group, sources familiar with the sale said. Desjardins said on Friday it doesn't comment on rumors.

Western Financial Group Appoints Patrick Bieleny as President and CEO, Effective August 22, 2016

Western Financial Group (Western) and its Board of Directors announced the appointment of Patrick Bieleny as the organization's President and Chief Executive Officer. Patrick succeeds Paul Taylor, who retired on July 4. Mr. Bieleny will oversee Western's Network of insurance brokerages and all of Western's business units including Western Financial Group Insurance Solutions and Western Life Assurance Company. Mr. Bieleny will also act as CEO of Western Financial Insurance Company (Petsecure) until ownership passes over to Economical. Patrick is a director of the Chartered Professional Accountants of Alberta and a past Director of Agriculture Financial Services Corporation, an Alberta Crown Corporation. Mr. Bieleny will assume the President and CEO role effective August 22nd, 2016.

Western Financial Group appoints Paul Taylor as new President & CEO

Western Financial Group and its Board of Directors announced the appointment of Paul Taylor as President & CEO effective July 6, 2015. Company Founder and Interim President & CEO, Scott Tannas will be working with Taylor to oversee a smooth transition period. After this time, Tannas will resume his previous role as Vice Chairman and Founder focusing on the areas of governance, community and employee relations. Tannas also continues to serve as a Canadian Senator. In his role as President & CEO, Taylor will oversee Western's Network of insurance brokerages, and will lead all of Western's business units including Western Financial Group Insurance Solutions, Western Financial Insurance Company (Petsecure) and Western Life Assurance Company. Most recently he held the position of President of TransAlta's business operations in the U.S. and as is a Corporate Director on the TransAlta Renewables Board of Directors.

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Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

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