Just over a year after announcing a joint venture between the GraceKennedy and the Musson Group to enter the group health and life insurance market under the brand name Canopy, GraceKennedy Group CEO Don Wehby is signalling confidence in the investment.
“GraceKennedy is extremely happy with Canopy’s performance to date. The company is performing exceptionally well, having signed a number of clients ranging from small entities to large, blue chip accounts,” a company release quotes Wehby.
“Revenues since the company started operations in the fourth quarter of last year have exceeded projections, with the number of members covered exceeding projections by 43 per cent. We believe that this will continue to be the trend, and that Canopy will become a formidable force to be reckoned with,” Wehby said.