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Shepell·fgi Announces Acquisition of Deloittes Workers Compensation Services Practice
March 3, 2010
TORONTO, March 3, 2010 – Shepell·fgi, a subsidiary of Morneau Sobeco Income Fund, today announced that it has acquired Deloitte’s Workers’ Compensation Services practice. The acquisition will help to strengthen Shepell·fgi’s existing solutions and provide clients with a more holistic Health Management offering.
“This acquisition strengthens Shepell·fgi‘s existing Workers’ Compensation practice and capabilities, and represents a strategic commitment to the growth of our Health Management business,” said Rod Phillips, President of Shepell·fgi. “The acquisition enhances our capabilities to deliver greater value and more expertise to both current and future clients by offering a national practice with a full suite of Workers’ Compensation consulting and administration services.”
The competitive and challenging business climate in Canada has led to increased focus on cost containment, reduced budgets, and the need to do more with a smaller workforce. At the same time, Canadian companies are under pressure to comply with increasingly complex statutory and regulatory requirements. “Joining Deloitte’s team with our existing Workers’ Compensation practice will help our clients address these pressing issues through strategies that deliver improved program design and financial / operational cost relief”, said Jean-Marc Mackenzie, Senior Vice President, Health Management at Shepell·fgi.
The new team has depth of expertise in Workers’ Compensation Service delivery, with a combined 60-plus years of industry experience. The team brings to Shepell·fgi a strong and successful track record of working with provincial boards, labour relations, and in tribunals and appeals.
About Shepell·fgi
Shepell·fgi is Canada's leading provider of workplace health and productivity solutions, including prevention-focused Employee Assistance Programs, Health and Disability Management, Organizational Solutions and Training. The company serves over eight million employees and their families across Canada, the United States and internationally. Shepell•fgi helps organizations maintain healthy employees and healthy workplaces.
About Morneau Sobeco Income Fund
Morneau Sobeco Income Fund is one of the largest Canadian human resources consulting and outsourcing firms focused on pension, benefit, employee assistance programs and workplace health management solutions. Through Morneau Sobeco and Shepell·fgi we offer solutions to assist employers in supporting the financial security, health and productivity of their employees. With approximately 2,400 employees in offices across North America, Morneau Sobeco Income Fund provides services to organizations across Canada, in the United States and around the globe.
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Contact:
For further information:
Lisa McLachlan
Phone: 416.816.5763
Email: lisa.mclachlan@shepellfgi.com
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