Posted Mar 13, 2024, 5:34 PM
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Join Date: Aug 2002
Location: Winnipeg, Manitoba
Posts: 5,482
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Wawanesa opens new downtown HQ
The Wawanesa Mutual Insurance Co. opened its new national headquarters at True North Square on Wednesday morning.
The 21-storey building, developed by True North Real Estate Development and designed by Architecture49, features 360,000 square feet of workspace for the company’s 1,300 local employees. Billed as environmentally sustainable, the headquarters are connected to True North Square and downtown Winnipeg’s skywalk system.
“This building proudly symbolizes Wawanesa’s transformation from small-town roots in rural Manitoba to a leading Canadian mutual insurance company,” Wawanesa CEO Jeff Goy said in a news release distributed before the morning event.
“Wawanesa Insurance began in 1896, when 20 farmers formed an insurance company to meet their local needs. Today, our operations span the country with over 1.6 million members, but our commitment to downtown Winnipeg and the province of Manitoba has never been stronger.”
Wawanesa, which had been based at 191 Broadway, announced the move in 2019. The company said Wednesday its new headquarters were built to accommodate a growing workforce, which has doubled in size over the last decade.
“We are thrilled to officially welcome Wawanesa to True North Square and see their vision of an innovative, inviting and purpose-built employee home come to life in opening their new national headquarters,” Jim Ludlow, president of True North Real Estate Development, said. “Wawanesa has long held tremendous pride in their Manitoba roots, and their continued commitment to their employees and to being part of a dynamic downtown Winnipeg core also speaks very loudly through this stunning space.”
The building includes a café with healthy food options and compostable servingware, a child-care centre that has yet to open, and floors dedicated to health and wellness and training and development.
Wawanesa also announced a $500,000 investment in downtown revitalization, with $450,000 over three years to support the Downtown Winnipeg BIZ’s environmental team and a $50,000 contribution to the Downtown Community Safety Partnership.
Wawanesa is one of Canada’s largest mutual insurers, with more than $3.5 billion in annual revenue and assets of $10 billion.
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